'The Mansions on Fisher Island' Start Construction in One of U.S.' Wealthiest Zip Codes

Key Points:

• Exclusive Development: Only five private Mansions ranging from 7,500 to 15,800 square feet. 

• Prestigious Event: Groundbreaking hosted by Douglas Elliman agents Fredrik Eklund and Dina Goldentayer. 

• Prime Location: Situated on Fisher Island, accessible solely by ferry, private water vessel, or helicopter. 

On February 20, 2025, the real estate community witnessed the groundbreaking of The Mansions on Fisher Island, an ultra-luxury residential project poised to redefine waterfront living in South Florida. Hosted by renowned Douglas Elliman agents Fredrik Eklund and Dina Goldentayer, the exclusive event offered VIP brokers and guests a glimpse into this unparalleled development. Once delivered, the mansions will be some of the only single-family residences available on Fisher Island, home to the ultra-high-net-worth.

A New Benchmark in Luxury Living 

• Limited Availability: The development comprises only five expansive Mansions, each spanning between 7,500 and 15,800 square feet.

• Generous Estate Lots: Each residence is set on estate lots ranging from 13,000 to 18,000 square feet, providing ample space for bespoke outdoor amenities.​

• Architectural Excellence: Designed by Portuondo Perotti Architects, the Mansions feature Mediterranean-inspired exteriors that pay homage to Fisher Island's rich architectural heritage.​

Visionary Collaboration 

• Development Partners: The project is a collaboration between Madar Group USA and ASR Construction, both known for their commitment to quality and innovation.

• Interior Design: Ford Interiors has been entrusted with curating sophisticated, contemporary finishes, ensuring that each Mansion exudes elegance and modernity.​

The Allure of Fisher Island 

• Exclusive Access: Fisher Island is a 216-acre private sanctuary, accessible only by ferry, private vessel, or golf cart, offering residents unparalleled privacy.​

• Panoramic Views: Surrounded by the Atlantic Ocean and Biscayne Bay, the island boasts breathtaking vistas of the Miami skyline.​

• World-Class Amenities: Residents of The Mansions will enjoy membership to the Fisher Island Club, granting access to amenities such as:​

  • A championship golf course.​

  • Multiple fine dining venues.

  • A private deep-water marina.​

  • Access to the renowned Beach Club, where the historic Vanderbilt Mansion is located.

  • Spa Internazionale.​

  • The Racquet Club.​

Fisher Island Continues to See High Demand 

The launch of The Mansions on Fisher Island comes at a time when the island's real estate market is experiencing significant growth. Recent data indicates that the median listing home price on Fisher Island was $8.7 million in January 2025, reflecting a 64.2% year-over-year increase. This surge underscores the strong demand for luxury properties in this exclusive enclave.​

The groundbreaking of The Mansions on Fisher Island marks a pivotal moment in South Florida's luxury real estate landscape. With its limited number of expansive residences, esteemed development team, and unparalleled location, this project is set to attract discerning buyers seeking exclusivity and sophistication. As Fisher Island continues to solidify its status as a premier destination for luxury living, developments like these not only enhance its allure but also contribute to the island's rich legacy. Investors and potential homeowners alike should keenly observe this project's progression, as it embodies the future of ultra-luxury waterfront living.