Miamism Blog

You are here

Fisher Island is the wealthiest zip code in the US

Ines Hegedus-Garcia
ines@miamism.com

According to Forbes.com, Fisher Island FL(33109) and Alpine N.J. (907620) tied for first place in their list of 500 most expensive zip codes in the U.S.

fisherislanddrive.jpg

"Fisher Island, a man-made body of land named after developer Carl Fisher, is just as luxe. It teems with large waterfront mansions and boasts an impressive country club. It boasts a median income of $200,000 and residents including mutual fund manager Martin Zweig and Vector Group Chief Bennett Le Bow".

It really does not surprise me that such an exclusive community would surpass New Jersey's celebrity haven. Fisher Island is an exclusive community that has not been affected by the down real estate market as other areas around the nation. The following graphs will show you an upward trend in prices since 2005, although the time on the market has increased (from an average of 95 days in 2005 to 135 in 2006 and 199 in 2007), sales are still strong.

fisher_island_sales.jpg

fisher_island_price_per_sqft.jpg

I am a bit biased when it comes to Fisher Island, because it's an amazing place with total privacy and you feel like you are in a different world. Take a look at www.FisherIslandDrive.com to get an idea of a typical listing.


Forrest Gump 28th July, 2010

well...mama always said that life is like a box of chocolates because you never know what you're going to get...which i don't really understand because you always get CHOCOLATE...i guess people on fisher island get more chocolates than other people do though, whatever happens...did i just get smart?

Recent Posts

  • Jan 15, 2018

No real estate transaction is easy but not all of them are as complicated as this last one.  We received a referral from a Washington REALTOR and we take referrals to heart because our reputation is very important to us. ... more

Time to report about Surfside's Real Estate market in 2017.  While a lot of neighborhoods around Miami didn't fare that well last year, Surfside remained a power to be reckoned with.  The market did slow down in number of... more

To all our clients and readers with commercial properties, keep in mind there is a sales tax decrease for real property rentals which include: Commercial office or retail space warehouses self-storage units or mini... more

Is 2017 really over?? Talk about a strange year for real estate.  Strange because the media tried to push gloom and doom but they didn't really succeed.  Small cities like Miami Shores continued to appreciate but the market... more

Our Twitter

What is the Value of my Home?

Obtain a free personalized home pricing report.