Fisher Island · Fifty waterfront homes
Six Fisher Island
The last building on an island with no bridge to it.
The last building on an island with no bridge to it.
~50 waterfront homes along ~650 feet of shoreline, on the last parcel to be built on Fisher Island. Scarcity is usually a marketing word. Here it is a fact about the island running out of land.
Related Group, with BH Group and Globe Invest, commissioned Kobi Karp as design architect, Tara Bernerd and Partners on interiors and Enea Garden Design on landscape, with Douglas Elliman on sales. What follows is the record, and our read of it.
Fisher Island is reached only by boat. There is no bridge, and there is not going to be one. Every person and every vehicle crosses by ferry, which is the whole product and the whole friction at once. Nobody is on the island who does not live there, work there or was invited, and equally, a forgotten item is a round trip. That single fact should be tested with a weekend rather than a tour, and it should be settled before any question about finishes.
What Related is selling here is the end of the supply. This is described as the last parcel to be built on the island, which is the one form of scarcity that cannot be manufactured or repeated next door. ~50 homes, three to eight bedrooms, on ~650 feet of shoreline inside ~6.5 acres of Enea gardens, with Kobi Karp on architecture and Tara Bernerd on interiors. The register is Mediterranean rather than glass tower, which suits the island and dates more slowly than most of what is being built on the mainland.
Two things to read closely. The Fisher Island Club membership is included on closing, but the developer pays the initiation fee only: annual dues and every charge for golf, marina, dining and spa remain the owner’s cost, and the Club, not the developer, decides who is eligible. Ask what those dues actually run before modelling anything. Second, the project is registered in New York, Massachusetts and California as well as Florida, which is rare in this tier and worth knowing if you are buying from any of those states.
The final site on Fisher Island, which is the rarest thing any Miami building can claim: it cannot be done again.
Homes here are house-sized rather than apartment-sized, and the island itself is part of what is being bought.
These are among the largest homes in our coverage. A buyer comparing them against a mainland tower is not comparing like with like.
The desk at Miami Dossier will talk this through honestly, because it is the part that decides whether the rest is relevant.
Read this in the condominium documents rather than the brochure. The distinction between the initiation fee and the running cost is the whole of it.
Floor plans and the current availability list are held at the desk, and released on request. Ask for the full set.
We will provide an honest opinion. We will tell you what we know, how we know it, and what we recommend, whether the answer is this building or another one.