The detrimental effects of continued and increasing state tax in high tax northern states such as New York and Connecticut is beginning to show its effects and fast. Greenwich, Connecticut’s 06831 and Manhattan’s Financial District 10005 were once home to numerous Wall Street big wigs and high income earners, yet residents have either fled or shelled their capital holdings in states such as Florida.
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Bitcoin Has Officially Entered The World Of Luxury Real Estate
Cryptocurrency is at the forefront of investing in today’s news, but ill-informed stakeholders have taken prices for a wild ride. Famously, bitcoin peaked at $19,500 in December 2017, only to fall to $7,000 a month later.
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Fisher Island's Palazzo Del Sol Named Best Residential Development in U.S. By International Property Awards
Fisher Island's Palazzo Del Sol is proving to deliver, bringing fresh new residential options to the highly-exclusive, luxurious, private island. Shortly after being awarded International Property Awards' Best Residential Development in Florida, Palazzo Del Sol has been named the International Property Awards' Best Residential Development in the United States.
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Featured Listing: 7413 Fisher Island Drive Unit 7413
One of the most finely finished units on Fisher Island has taken a 20% price cut to $16.9 million. The 7,696 SF, 5 bedroom, ground floor, "center stack" residence is finished with Jerusalem stone floors, Venetian Plaster walls and hand painted wall and ceiling murals make this one of the most unique units currently on the market. The unit also includes a custom bar, formal dining room, chef's kitchen, wood-paneled study, 800-bottle wine cellar, master suite with marble master bath as well as over 5,300 SF of outdoor space complete with a private infinity pool. Stunning views of Miami Beach, the Atlantic Ocean and Government Cut throughout as well as one-of-a-kind direct beach access via private stairway. The unit was originally listed for $30 million in 2011 before dropping to $21 million and now $16.9 million with the Jills of Coldwell Banker Real Estate. Photos via Coldwell Banker Real Estate.
Featured Listing: Fisher Island 4-Bedroom Asks $10.8 Million
A four-bedroom unit at Fisher Island's Palazzo Del Mare is is asking $10.8 million. The unique unit is 5,040 SF of indoor space and 4,000 SF of outdoor space and comes complete with a poolside cabana, three parking spots and two golf carts. Unit 7111 is a 4 bedroom with 5 full bathrooms and one half-bath. The unit also has a summer kitchen and private outdoor hot tub. It has luxurious contemporary finishes, natural stone, high ceilings, large master suite, library and sweeping views of South Beach and the Atlantic Ocean. Listing and photos by One Sotheby's International Realty.
Fisher Island Townhouse Listed for $3.75 Million
A rare two story townhouse on Fisher Island has listed for $3.75 million. The residence features 3 bedrooms and 3 full bathrooms with one half-bath over 3,164 SF. There are only two of these layouts on fisher island with high double-floor ceilings and expansive bay and city views. It has a chef's kitchen, private elevator, large master-suite, large terrace and spiral staircase. The home is also available for rent at $24,000 per moth. Fisher Island features a private luxury community on an island only accessible by ferry or boat. Amenities include a 9-hole golf club, tennis club, pool and beach club, multiple restaurants, cafe, grocery store, marina and hospital among others. It is currently listed with Elena Bluntzer of ONE Sotheby's International Realty. Photos by ONE Sotheby's International Realty.
Fisher Island's Palazzo Del Sol Penthouse 2
One of the most excusive communities in South Florida, Fisher Island, has delivered its new Palazzo Del Sol project and it is simply stunning. PH2 is one of the crown jewels of the island, at 9,715 SF indoor, 8,595 SF outdoor and a whopping $38.5 million price tag. The unit features 7 bedrooms, 8 bathrooms, private rooftop, pergola, jacuzzi and summer kitchen. Photos and listing by Douglas Elliman.