$21M island pent­house puts you among rich

South Florida Sun-Sentinel (Sunday) - - Money - By Robyn A. Fried­man Sun Sen­tinel Cor­re­spon­dent

If you want to live among the rich and fa­mous — the re­ally rich and fa­mous — then check out this newly listed pent­house on Fisher Island, a 216-acre trop­i­cal paradise just off the south­ern tip of Mi­ami Beach that’s ac­ces­si­ble only by ferry or pri­vate yacht.

Buy it, and you’ll be liv­ing on one of the most ex­clu­sive is­lands in the world — so ex­clu­sive that it has its own ZIP code, which was ranked the “rich­est ZIP code” in the United States by Bloomberg last year. (Bloomberg also re­ported that the av­er­age in­come on Fisher Island was $2.5 mil­lion, based on its anal­y­sis of 2015 In­ter­nal Rev­enue Ser­vice data.)

The 9,570-square-foot pent­house, at 5203 Fisher Island Drive, has five bed­rooms and five full and one half baths and was built in 1992. It re­cently un­der­went a three-year mul­ti­mil­lion-dol­lar ren­o­va­tion, ac­cord­ing to Pablo Al­faro, a direc­tor of lux­ury sales with Dou­glas El­li­man Real Es­tate in Mi­ami Beach, who holds the list­ing with fel­low agent Cyril Matz. The price for all this op­u­lence: $21 mil­lion.

“The own­ers did a great ren­o­va­tion,” Al­faro said. “Fisher Island is un­like any other place in the world — and this par­tic­u­lar unit has the best, west-fac­ing views of the Mi­ami sky­line. The sun­sets are mag­i­cal.”

Cur­rently the largest unit avail­able for sale on the island, ac­cord­ing to Al­faro, the sin­gle-story pent­house has un­ob­structed city and ocean views, a li­brary/of­fice, and a chef ’s kitchen with cus­tom cab­i­netry by Downsview Kitchens. It comes with a sep­a­rate one-bed­room, one-bath staff apart­ment and two golf carts.

Cur­rently the largest unit avail­able for sale on the island, ac­cord­ing to Pablo Al­faro, the sin­gle-story pent­house has un­ob­structed city and ocean views, a li­brary/of­fice, and a chef’s kitchen with cus­tom cab­i­netry by Downsview Kitchens.

Fisher Island it­self has ex­ten­sive ameni­ties, in­clud­ing a pri­vate beach and beach club, cham­pi­onship golf course, ten­nis cen­ter, two deep-water

mari­nas, seven din­ing venues, a full-ser­vice spa and fit­ness cen­ter. It also has its own day school, gro­cery store, aviary and ho­tel. New mem­bers of the Fisher Island Club pay an ini­ti­a­tion fee of $250,000 for eq­uity mem­ber­ship, Al­faro said.

“A lot of peo­ple find Fisher Island at­trac­tive for its pri­vacy — there are only about 700 fam­i­lies who live there, and very few live there full time,” he said. Al­faro ex­pects the unit to at­tract a va­ca­tion­home buyer rather than a full-time res­i­dent.

DOU­GLAS EL­LI­MAN REAL ES­TATE PHO­TOS

This $21 mil­lion pent­house is on Fisher Island, which is ac­ces­si­ble only by ferry or pri­vate yacht. The 9,570-square-foot pent­house has five bed­rooms and five full and one half baths.

The trop­i­cal paradise is one of the most ex­clu­sive is­lands in the world.

DOU­GLAS EL­LI­MAN REAL ES­TATE

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