Star
Island
As one of
the most exclusive communities in all of Miami, Star Island is a favorite of
celebrity residents. Star Island is a
man-made island in Biscayne Bay that, while it has a guard house at the only
entrance to the one street neighborhood, is a public neighborhood in which
anyone can enter after stopping at the guard gate. On the island are very large estates that are
home to many wealthy homeowners including some very famous people. Some names of former and present residents
include Julio Iglesias, Rosie O’Donnell, Shaquille O’Neal, Gloria Estefan, and
more.
List prices
for Star Island homes typically start at about $10 million. Over the past five years, one home has sold
each year with sale prices and sale prices per square foot varying with no
common thread. In a nutshell, potential
buyers want to live on Star Island and have no issues paying to live there as
they can easily afford it.
Palm
Island
Palm Island
is another manmade island that lies in Biscayne Bay and is accessible by one
entrance from the Mac Arthur Causeway.
Homes on Palm Island are grand in their appearance and offer the
ultimate in luxury living. Homes feature extensive pool and outdoor living
areas along with private docks housing mega yachts and multiple vessels. Celebrities who have lived or still own homes
on Palm Island include Barbara Walters, Gabrielle Anwar, Al Capone, Enrique
Iglesias, Anna Kournikova and others.
Palm Island real estate typically ranges between about $4 million and over $20 million. In
2012, two homes sold between $2.8 million and just over $5 million while one
home sold earlier this month for $2.4 million.
Fisher
Island
A barrier
island in Miami, Fisher Island is known for having the highest per capita
income in the United States. It is one
of the most exclusive neighborhoods in all of Miami-Dade County. Fisher Island real estate features some of
the most beautiful and sought after condominiums. In addition, the community amenities are
second to none with a private marina and yacht club, elegant Club, secluded
beach club, and top golf course among other things make it as elite as the
residents who choose to have homes on Fisher Island. Some of the celebrities who have lived or
still live include Oprah Winfrey, Jim Carrey, Andre Agassi, and others.
Fisher Island real estate features condominiums varying in size but offers an immense
amount of luxury that is second to none.
With list prices from the mid-$200s at Marina Village to $15 million at
Oceanside, residents have the ability to live an exclusive lifestyle on Fisher
Island. In 2012, 24 units sold with sale
prices ranging from $300K to over $5.7 million.
So far this year, six units have sold with prices between $500K and over
$6 million.
Celebrity
Spottings Throughout Miami
Only a very
select group of people have the ability to live in the exclusive Miami
communities. While there are certain communities where
celebrities tend to seek out homes, there are always celebrity spottings
throughout Miami. Other areas include
Brickell and Miami’s Design District, Key Biscayne where Miami socialites and
other celebrities have homes, and of course, Miami Beach/South Beach. Miami has always been a worldwide fashion and
cultural mecca in the United States and continues to draw the rich and famous
to live in areas all over the city.
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