Fisher Island Prime Development Site Hits Market for $200 MILLION

Rodrigo Mattos

Fisher Island Shocker: Prime Development Site Hits Market for $200 MILLION!

Luxury Real Estate News

Calling all high-net-worth developers! Fisher Island, the ultra-exclusive enclave off the coast of Miami Beach, has a surprise offering: a nearly 10-acre development site previously occupied by a fuel depot. This is a **rare opportunity** to own a piece of paradise and potentially redefine the Fisher Island skyline.

Fisher Island Prime Development Site Hits Market for $200 Million

Prime Location, Unique Challenges

The property, located at 1 Fisher Island Drive, boasts a coveted location near the island's ferry terminal and golf course. However, there are some key details to consider. The site is being sold "as-is" with all existing limitations. Bidders will need to navigate zoning, environmental, and regulatory hurdles to achieve their development goals. Additionally, TransMontaigne, the current owner, cannot fully cease fuel operations until 2027.

Fisher Island Prime Development Site Hits Market for $200 Million

A Developer's Dream, Despite Challenges

Despite these challenges, the potential rewards are immense. This is a **once-in-a-lifetime opportunity** to develop on Fisher Island, which was previously thought to be out of developable land. The last remaining development site sold in 2022 for a staggering $122.6 million. The winning bidder for this property could potentially create a project that rivals the upcoming Six Fisher Island – a 50-unit boutique condominium where units start at $30 million!

Fisher Island Prime Development Site Hits Market for $200 Million

Is This the Final Chapter for Fisher Island Development?

With this latest offering, the future of Fisher Island development is up for grabs. Will a visionary developer take on the challenge and create a landmark project? Only time will tell, but one thing is certain: This is a story that will be closely watched by those in the luxury real estate market.

Looking to Invest in Miami Real Estate?

Whether you're a seasoned developer or just curious about the hottest properties in South Florida, stay tuned for further updates on this exciting Fisher Island development opportunity. And if you're interested in exploring other Miami real estate options, click here.



Explore the epitome of luxurious living with our experienced real estate team.

With over two decades of expertise in representing developments, our seasoned team is familiar with both developers and contracts. We are adept at negotiating the most advantageous deals for Real Estate for sale in Miami.

Contact us at +1 (786) 853-8484, or at [email protected]


Our team keeps expanding and we're looking for team players committed to excellence and hard work. Our agents are market experts with an entrepreneurial flair. We're enthusiastic, resourceful, data-driven, and insightful. Above all, we know that trust is built by providing results, and that our success is determined by yours.

Contact Us

Follow Me On Instagram