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Fisher Island

Fisher Island

Located in Miami/Dade County

$6,815,947 Average Value

An emerald island just off the coast of Miami

Once the home of William Vanderbilt II, Fisher Island is an exclusive neighborhood teeming with coconut palms and blossoming tropical flowers. Located just outside Biscayne Bay on Fisherman’s Channel, Fisher Island is just over 200 acres and home to Fisher Island Club, South Florida’s most exclusive private club. “Fisher Island is highly sought after,” says George Theodore, managing broker at Address Real Estate who has experience handling contracts on the island. “The service quality on the island is great. It’s well-staffed and well-maintained.” Residents here pay club dues, which can cost around $22,000 annually, plus a one-time $250,000 fee. The historic Vanderbilt Mansion on the island has been renovated and is now a luxury hotel. Homes and condos on the island are priced over $4 million and can stretch as high as nearly $50 million. Children can attend the island’s private school or Miami-Dade County public schools on the mainland. Residents can see dozens of species of wildlife roaming around the island and spend leisure time at the beach, boating or at the golf course.

Fisher Island is an exclusive private island for its residents and guests only.
Fisher Island is an exclusive private island for its residents and guests only.
Fisher Island is a private club allowing only its residents, guests and hotel guests.
Fisher Island is a private club allowing only its residents, guests and hotel guests.
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Million-dollar homes and condos overlooking the Caribbean

Only around 20 single-family homes are on the island, and they may cost between $8 and $15 million, often featuring private pools and Spanish-style architecture. Condos line the oceanfront beaches, where two bedrooms begin as low as $2.5 million dollars. Condos with four or more bedrooms are priced anywhere from $10 to over $20 million. Penthouses with terraces and rooftop pools are priced upwards of $40 million. One-time access fees to these condo associations can be over $200,000, and annual fees for maintaining the common areas and grounds can cost more than $10,000 annually, depending on where residents stay.

Condos can be found all around the perimeter of Fisher Island overlooking the Ocean and Bay.
Condos can be found all around the perimeter of Fisher Island overlooking the Ocean and Bay.
Fisher Islands private beach offers sunbeds and umbrellas for its residents to enjoy.
Fisher Islands private beach offers sunbeds and umbrellas for its residents to enjoy.
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Community connections in the City of Miami Beach

Miami Beach, just a short trip across the channel, is over 100 years old, with two golf courses and roughly 44 parks to explore. “We are always looking for ways to expand the needs of the community,” says John Rebar, department director of the Miami Beach Parks and Recreation Department. The dog park, tennis and pickleball courts, golf courses and family parks “are great social spaces that provide connections for individuals and families.” South Pointe Park, right across from Fisher Island, is a “Sunday gathering space where people watch the sunset together. Everyone brings a chair, and children play at the playground. It’s a beautiful space to meet,” Rebar says. The Scott Rakow Youth Center holds several hidden gems, such as an ice-skating rink, a bowling alley and a pool. “My girls and I can go to the beach in the morning and ice-skate in the afternoon,” says Melissa Berthier, director of marketing and communications for the City of Miami Beach. “We have the beach here, of course, which draws visitors from all over the world, but our open spaces beyond the beach are really special.” Folks can paddleboard on Indian Creek and catch glimpses of manatees and dolphins or spend time with their beloved pets at the Flamingo Park dog park.

Fisher Island residents are minutes away from the surfing waves of Miami Beach.
Fisher Island residents are minutes away from the surfing waves of Miami Beach.
Residents of Fisher Island can head over to Flamingo Park to work out.
Residents of Fisher Island can head over to Flamingo Park to work out.
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Summer and winter events in Miami Beach

Annual Events in Miami Beach make time with family and the community special. Their Winter Wonderland event in December includes a tree-lighting ceremony and children’s performances. “All of our after-school program participants can perform on stage,” Rebar says. “And there are rides, games and food trucks to enjoy.” In the summertime, kids can spend time together and get outside. “Our summer camp program has over 1,200 participants every year. There are playtime programs, and kids will perform shows for their parents,” Rebar says. With dozens of opportunities to get outside and connect with the community, the Miami Beach area may never run out of things to do.

Exclusive island dining in the Vanderbilt Mansion

There are several dining options on Fisher Island, so residents don’t have to leave to enjoy an evening out. The Garwood Lounge for residents 21 years old and older is a steakhouse within the renovated historic Vanderbilt Mansion. The Beach Club serves breakfast, lunch and pre-dinner cocktails at their Sunset Bar. In the upper level of the Vanderbilt Mansion, The Snooker Club offers Club Equity Members a private billiards room and lounge, live music and entertainment. Grocery items can be purchased at the Island Market, which has a variety of organic produce, a deli, a bakery and a selection of wines. While dining may be on the island, most shopping is done on the mainland at Miami Beach.

Smith and Wollensky is a popular fine dinning restaurant on the water in South Pointe Park.
Smith and Wollensky is a popular fine dinning restaurant on the water in South Pointe Park.
Residents of Fisher Island can grab a drink and relax at Niki Beach Club.
Residents of Fisher Island can grab a drink and relax at Niki Beach Club.
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Top-rated Miami public and private day schools

“20 years ago, people would say the island was just for celebrities, but now it’s popular among wealthy families as a safe and beautiful home for their children,” Theodore says. Students can attend kindergarten through eighth grade at the private Fisher Island Day School, which has a fully equipped STEM lab for exploring ocean flora and fauna. Students here participate in several athletic programs, such as golf, lacrosse, tennis and soccer. They can also take extracurriculars like art club, chess, robotics, dance, drama and choir. Students can also attend Miami-Dade County Public Schools, which includes South Pointe Elementary School, rated B-plus on Niche. Nautilus Middle School has an Innovative Space Media Center for robotics. Miami Beach Senior High School offers an Academic Year Internship Program so students can gain career-oriented skills. Both schools score a B on Niche.

The Fisher Island Day School is the only school on the island.
The Fisher Island Day School is the only school on the island.
Nautilus Middle School serves children and students in the Miami Beach area.
Nautilus Middle School serves children and students in the Miami Beach area.
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The Fisher Island Community Association ferry

The Fisher Island Community Association (FICA) has a ferry service that takes residents to and from the island within roughly 8 to 10 minutes. The schedule allows for several trips throughout the day. Though residents are dropped off at Terminal West, and island employees or contractors are dropped off at Terminal East, the ferries are used by all.

Ferries are the only transportation in and out of Fisher Islands running nonstop.
Ferries are the only transportation in and out of Fisher Islands running nonstop.
The Fisher Island ferry can be seen going back and forth from South Pointe Park.
The Fisher Island ferry can be seen going back and forth from South Pointe Park.
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Daniele Giuseppe Del Gaudio
Photography Contributed By
Daniele Giuseppe Del Gaudio
Peter Medawar
Video By
Peter Medawar

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Open Houses

  • 7023 Fisher Island Dr, Miami Beach, FL 33109

    $16,900,000

    • 4 Beds
    • 4.5 Baths
    • 4,812 Sq Ft
    • 7023 Fisher Island Dr
    • New 5 days ago

    When Only The Best Will Do -- This spectacular modern corner residence in one of Fisher Island’s newest and most prestigious buildings, designed by award-winning architect Kobi Karp. Unit 7023 offers sweeping views of Government Cut and Downtown Miami. This pristine home has had only one owner, purchased directly from the developer, and features Gaggenau appliances, custom closets, and elegant

    Lourdes Alatriste Douglas Elliman

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  • 7441 Fisher Island Dr, Miami Beach, FL 33109

    $10,950,000

    • 3 Beds
    • 4.5 Baths
    • 3,959 Sq Ft
    • 7441 Fisher Island Dr

    Step onto the pristine sands of Fisher Island and embrace oceanfront living! This newly renovated masterpiece showcases 3 bedrooms, 4.5 baths and 3,959 sq ft of elegantly designed interior. Features include: a gourmet kitchen with Viola marble countertops, a rolling center island, custom-designed bathrooms & closets, French oak wood and micro cement floors, upscale lighting, waterwork brass

    Karla Abaunza Luxury Living Realty

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  • 2443 Fisher Island Dr Unit 5403, Miami Beach, FL 33109

    $6,490,000

    • 3 Beds
    • 4.5 Baths
    • 3,227 Sq Ft
    • 2443 Fisher Island Dr
    • Unit 5403

    The largest of the only two townhomes ever built on Fisher Island's Bayside. This two-story penthouse TH offers breathtaking bay, city, and ocean views. Renovated just 15 months ago with light design elements. Double height soaring ceilings in the main living area, gentle stairway leads to the second level master suite. This spacious residence is move-in ready! Don't spend 1-2 years renovating

    Elena Bluntzer One Sotheby's International Realty

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Fisher Island Has More Owners

Demographics

Total Population
1,443
Median Age
60
Population under 18
16.6%
Below the national average
23.8%
Population over 65
42.8%
Above the national average
19.1%

Finances

Median Household Income
$241,624
Significantly above the national average
$71,702
Average Household Income
$223,109

Education and Workforce

High School Graduates
100%
College Graduates
82.9%
Significantly above the national average
34.1%
Advanced Degrees
56.8%
Significantly above the national average
13.3%
% Population in Labor Force
47%

Weather

Annual Precipitation
68''
Average Winter Low Temperature
62°F
Average Summer High Temperature
91°F
Annual Snowfall
0''

Area Factors

Somewhat Bikeable

Bike Score®®

32 / 100

Car-Dependent

Walk Score®®

8 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Fisher Island