The Most Exclusive Miami Neighborhoods

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Miami is a great place to call home permanently, or just for the winter season, and you won’t find anywhere in the world with a wider variety of luxury home options. In this article I’ll introduce you to some of Miami’s most exclusive neighborhoods. Over the next few weeks, we’ll take a detailed look at each of these neighborhoods.

Fisher Island

With fewer than 1,000 residents, you won’t find many places more exclusive than Fisher Island. It is home to Fortune 50 CEOs and Wall Street financiers, and about half of its population is from outside the United States.

The entire island is protected by 24/7 security. The only way to reach the island is by Ferry or private boat. Residences in the island’s luxury apartment complexes can be as large as 10,000 square feet and sell for more than $30 million.

Indian Creek Village

The Indian Creek Village community consists of only 35 homes and a population of less than 100. There is only one way onto the island and it is heavily patrolled by private guards. The Biscayne Bay island even has it’s own police force. Indian Creek Island Road, the main road through town, has been named one of the most expensive streets in the world to live on, with home prices well into the $30 million dollar range.

Venetian Islands

These artificial islands are were built in Biscayne Bay in the 1920s. Unlike Indian Creek Village and Fisher Island, however, you can still find homes for sale here. Beautiful, secluded private residences are often on the market in the $5-$10 million range. You can also rent vacation homes and, if money is no object, you could be very happy in a long-term rental. We recently came across a 6,000 square foot waterfront home you could rent for $95,000.

Cocoplum

This Coral Gables neighborhood is a private, gated community with endless amenities. Very large homes with beautiful gardens can be found all over the island. Built in three phases, the private community has home owners fees that range from $35,000 to $100,000 one-time fees and quarterly dues. Approximately half of the island’s homes are waterfront and have private docks. With average sale prices in 2016 hovering around $4.5 million, home prices here are relatively more affordable than many of the area’s other exclusive communities.

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South Beach

Located between Biscayne Bay and the Atlantic Ocean, South Place is the place to be if you want to live in an area where you can mix and mingle with celebrities. You can choose between ultra-exclusive, highly secure, high-rise condominiums for upwards of $20 million. Or you can buy your new home in this exclusive area for well under $1 million.

Other great luxury neighborhoods include Gables Estates, High Pines, Golden Beach, Brickell, La Gorce and Key Biscayne. We’ll be exploring these neighborhoods and others in upcoming articles.

Meanwhile, give me a call if you’d like to discuss your next luxury Miami home purchase. While my career has spanned the globe, Miami is where my heart is. I’m happy to call it home and would love to help you find the right Miami home.