Related Sells 2 Fisher Island Penthouses for $150M as reported by Bloomberg

Related Sells 2 Fisher Island Penthouses for $150M as reported by Bloomberg

  • The APT TEAM
  • 04/4/24

As reported by Bloomberg, the real estate magnate Jorge Perez and his Related Group has recently completed the sale of two luxurious penthouses on Fisher Island, an exclusive enclave in Miami. The staggering price tag of over $150 million for these properties indicates that the trend of high valuations driven by new arrivals to the city is set to continue.

Although the penthouses are still under construction at The Residences at Six Fisher Island, they are expected to be among the most expensive condominiums ever sold in the metropolitan area. In the Bloomberg article, we learn, as respectfully it should be, that neither the identity of the buyers or specific details off the purchase have been disclosed.

Bloomberg goes on to add that Jorge Perez, the billionaire founder of Related Group and widely known as the Condo King for his significant influence in the Miami market, highlighted that the influx of new residents and businesses is bringing substantial wealth to the area. This surge in demand is further driving up prices and intensifying the sense of scarcity surrounding high-end properties.

“We’re seeing a great exodus that is coming to Miami, not just to buy real estate, but for the companies to make Miami their base,” Perez, 74, said in an interview in Sao Paulo, where he was inaugurating a project. “And that’s bringing the very high-end employment that is going to afford the condominiums.”

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The Enchanting Island: Fisher Island

A Brief Overview

Fisher Island, situated just off the coast of Miami Beach, is a barrier island that spans 216 acres. Originally a haven for the Vanderbilt family, this secluded paradise is now home to a select few who crave the epitome of luxury living. With its Mediterranean-inspired architecture, lush landscapes, and breathtaking views of the Atlantic Ocean and Biscayne Bay, Fisher Island has become an oasis of exclusivity.

A World-Class Community

Fisher Island is not just a residential enclave; it is a world-class community that offers a plethora of amenities to its residents. From a pristine private beach to a championship golf course, tennis courts, a marina, spas, and fine dining establishments, Fisher Island leaves no stone unturned in delivering a lifestyle of opulence and sophistication.

Fisher Island, Perfected

The rightful “Fisher Island, Perfected” and description of The Residences at Six Fisher Island reads as “

Stretched out across 650 feet of pristine shoreline are The Residences at Six Fisher Island, a collection ofonly 50 waterfront homes, the last to be built on what was once the Vanderbilt family's private retreat. Six Fisher Island is the ultimate expression of Fisher Island, a reflection that merges the grandeur and history of this storied tropical paradise with exacting contemporary design. Find serenity, privacy, and effortless living in these remarkable homes, on this exclusive island haven.

  • An expansive 6.5-acre site with more than 55,000 square feet of bespoke, five-star amenities exclusive to Six Fisher residents 
  • Three- to eight-bedroom residences, ranging from 3,872 to over 15,000 square feet 
  • Membership to the exclusive Fisher Island Club, with access to the Beach Club, restaurants, marina, full-service spa, golf course, and Racquet Club 




The Appeal of Miami Real Estate

Miami real estate has long captivated investors and high-net-worth individuals from around the globe. Its desirable location, favorable climate, and vibrant culture make it an irresistible destination for those seeking a luxurious lifestyle. The city's real estate market has seen steady growth, with Fisher Island standing out as one of the most prestigious and sought-after addresses.

The Allure of Fisher Island Real Estate

Exclusivity and Privacy

Fisher Island offers a level of exclusivity and privacy that is unparalleled. With its limited number of residences and strict access control, residents can enjoy a sense of seclusion and tranquility. The island's private beaches, lush landscapes, and meticulously maintained grounds create an idyllic setting for those seeking an escape from the hustle and bustle of city life.

Unmatched Amenities

The amenities provided on Fisher Island are second to none. Residents have access to a world-class golf course designed by P.B. Dye, a tennis center featuring clay, grass, and hard courts, a spa and wellness center, and a marina that can accommodate yachts of all sizes. Additionally, Fisher Island offers a wide range of dining options, including fine dining establishments and casual waterfront eateries.


The related sales of these two Fisher Island penthouses for $150 million highlight the allure and exclusivity of this prestigious island enclave. With its breathtaking views, luxurious amenities, and unparalleled privacy, Fisher Island continues to attract discerning buyers from around the world. As Miami real estate maintains its position as a prime investment opportunity, Fisher Island stands tall as a symbol of opulence and sophistication within this vibrant city.

Work With Us

While we are consistently award-winning and the recipient of 2021 Pinnacle Award, Top 2% of agents company wide and #1 in New Dev Sales for Florida, we believe luxury is not a matter of price points but of passion to service. Whether you are a discerning buyer, a savvy seller or are seeking to upgrade, go ahead, leverage us and maximize your real estate experience. We are uniquely focused in offering the best real estate tools and solutions to our customer portfolio on a one-to-one basis, with the highest standard of service, commitment and integrity.