Related Group, BH Group, and Partners Break Ground on The Residences at Six Fisher Island
In a landmark moment for luxury real estate, the Related Group, in partnership with Teddy Sagi, BH Group, and Wanxiang America RE Group, has officially broken ground on The Residences at Six Fisher Island. This highly anticipated development will rise within one of the most exclusive communities in the U.S.—Fisher Island. Situated on the island’s last available development site, the 216-acre iconic community will soon boast 50 bespoke residences across 10 stories, setting a new standard for ultra-luxury living.
The project, overseen by Coastal Construction, is expected to be completed by 2026. Already 50% sold, The Residences at Six Fisher Island has generated over $500 million in sales, including the sale of two penthouses for a combined $150 million. Sales are being managed by Douglas Elliman, cementing the development’s place as a top-tier real estate investment in Miami.
“The groundbreaking of The Residences at Six Fisher Island marks a transformative moment for this historic island, being the first new development in over five years and one of its final luxury residential ventures,” said Nick Pérez, President of Related’s Condominium Division. “This project elevates the island’s esteemed legacy and establishes a new standard for Miami’s ultra-luxury market.”
Architectural & Design Excellence
Designed by Kobi Karp Architects, with interiors by Tara Bernerd and Partners, Six Fisher Island brings a seamless blend of modern Miami style and timeless tropical elegance. The residences—ranging from three to eight bedrooms—feature high ceilings, expansive terraces, and floor-to-ceiling windows, offering breathtaking views of the water and Miami skyline.
Each residence has been thoughtfully curated to deliver the exclusivity of a single-family home with the convenience of condominium living. Key features include:
Custom kitchens with Sub-Zero and Wolf appliances
Dual walk-in wardrobes in primary suites
Elegant, natural stone bathrooms designed by Tara Bernerd
Private elevator foyers for each unit, with select residences offering private pools and outdoor kitchens
Five-Star Amenities for Unmatched Living
The Residences at Six Fisher Island will offer an unmatched lifestyle, with over 1,000 feet of shoreline providing access to a host of world-class amenities. Residents can indulge in two resort-style pool decks with swimming pools, private cabanas, and full-service bars. The oceanfront wellness facility includes spaces for cardio, Pilates, yoga, and weight training, along with a full-service spa complete with saunas and treatment rooms.
Additional luxury features include:
A virtual reality game room
Multi-sport simulator
Interactive children’s playground
24/7 concierge services
Private transportation on and off Fisher Island
A Legacy of Exclusivity
Fisher Island has long been recognized as one of the most prestigious communities in both South Florida and the nation. Residents of The Residences at Six Fisher Island will gain access to the Fisher Island Club, which includes a nine-hole golf course, 18 tennis courts, a 24,000-square-foot spa, state-of-the-art fitness center, multiple dining options, a luxurious beach club, and a deep-water yacht marina.
“We are thrilled to move one step closer to bringing world-class residences to Fisher Island, where luxury meets community in the most sought-after zip code on the East Coast,” said Isaac Toledano, Founder of BH Group. “The surge in pre-sales reflects the island’s prominence as a global destination, and reinforces the project’s dominance as the premier choice for discerning buyers seeking the pinnacle of luxury living.”
As Fisher Island continues to stand as a beacon of exclusivity and prestige, The Residences at Six Fisher Island promises to deliver an unparalleled living experience—one that will undoubtedly shape the future of ultra-luxury real estate in Miami.
The Residences at Six Fisher Island Secure $400M Construction Loan
In the realm of ultra-luxury real estate, few projects command as much anticipation and prestige as The Residences at Six Fisher Island. Recently, Related Group, in collaboration with partners Teddy Sagi and BH Group, alongside Wanxiang America RE Group, achieved a significant milestone by securing a $400 million construction loan from Madison Realty Capital. This loan replaces an initial $85 million acquisition loan, underscoring the scale and ambition of this exclusive development.
Situated on Fisher Island’s Northeastern shoreline, The Residences at Six Fisher Island is poised to become a hallmark of opulence on the East Coast. With only 50 private residences spread across 10 stories, the project promises an unprecedented level of exclusivity and luxury. Construction is slated to commence this summer, with completion expected by 2026.
Since its launch in late 2022, The Residences have already achieved remarkable sales exceeding $500 million. This includes the recent sale of two penthouses for a combined $150 million, emphasizing the allure and desirability of this unique development.
Berkadia South Florida played a pivotal role in securing the nine-figure loan, with Scott Wadler, Managing Director, highlighting the strategic foresight and global appeal of Related and BH Group’s vision for waterfront luxury living. The project’s distinctiveness and unprecedented demand for its penthouses contributed to Berkadia’s confidence in facilitating this landmark financing arrangement.
Nick Pérez, President of Related’s Condominium Division, expressed a deep commitment to enhancing Fisher Island’s unparalleled reputation. The development aims to blend opulence with tranquility, offering residences averaging 4,817 square feet designed by Tara Bernerd and Partners and Kobi Karp Architects. Each home will feature bespoke interiors, private elevator foyers, and panoramic water views—a testament to meticulous craftsmanship and elevated living.
Residents of Six Fisher Island will enjoy a wealth of amenities, including two resort-style pool decks, a state-of-the-art wellness facility, and exclusive access to Fisher Island’s renowned private beach and golf course. This enclave promises a seamless fusion of privacy and convenience, catering to the discerning tastes of its esteemed residents.
Isaac Toledano, Founder of BH Group, emphasized the project’s commitment to enriching Fisher Island’s unique community ambiance. The development seeks not only to redefine luxury living but also to preserve and enhance the island’s cherished village-like atmosphere—a testament to BH Group’s dedication to crafting exceptional living environments.
With the $400 million construction loan secured, The Residences at Six Fisher Island stands poised to redefine the pinnacle of luxury living on the East Coast. This landmark development represents a harmonious blend of visionary architecture, unparalleled amenities, and a commitment to timeless elegance. As construction progresses, anticipation mounts for what promises to be a new standard in coastal living, offering a rare opportunity to reside in one of the world’s most exclusive communities.
New Renderings Revealed for Six Fisher Island
The completion of The Residences at Six Fisher Island, a luxurious 11-story structure, is targeted for 2025. The 50 units in the Kobi Karp-designed high-rise project will have floor designs with three to five bedrooms. Each one ranges in size from 3,870 to 8,400 square feet.
The invitation-only development will also feature a select number of penthouses.
The Residences at Six Fisher Island is located at 6 Fisher Island Drive, Miami Beach. It is situated on the northern side of Fisher Island, east of Florida 395.
Residence Features:
Views of the Atlantic Ocean and convenient elevator access
Outdoor kitchens and private pools.
Kitchen, wardrobes, and bathrooms were created by Tara Bernerd & Partners
Tower Amenities
Swimming pool
Pickleball court
Spa
Fitness facility
Residents’ lounge
Kobi Karp is listed as the architect, and the overall design is inspired by the idea of connecting indoor with outdoor spaces. Units start at $15 million.
Oprah, Julia Roberts, and Mel Brooks are all known to have lived on Fisher Island in the past. The enclave has also received some accolades: Bloomberg found in April 2018 that Fisher Island, with an average income of $2.5 million in 2015, was America’s wealthiest ZIP code.
