These are three ultra-exclusive and private man-made islands located in the heart of Biscayne Bay and Miami Beach. They are at the top of the top, just taking a look at its residents and the people who gather here, gives us the idea of the uniqueness and wealthiness of these places. But we will talk about it later.
Through the years, Hibiscus Island has been one of the most sought-after locations in Miami Beach for the rich and famous. Completed in 1922, it was once called the home of Al Capone and is accessible only via the MacArthur Causeway and through Palm Island.
It exhibits incredible waterfront mansions situated on expansive lots, where once were the stage of A-list entertainers. Luxury homes in Hibiscus Island feature up to 7.000 sq. ft. of lot area. This applies to both waterfront homes and non-waterfront residences. If you tour the island, lots of styles can be admired: Streamline Moderne, Mediterranean Revival, Art Deco, and Spanish constructions.
In the 1940s and the 1950s, it became the epicenter of the Latin Quarter Nightclub where notable audiences enjoy the majestic performances of high-profile singers like Tony Bennett, Dean Martin, and Frank Sinatra.
Next to Hibiscus Island, we can find Palm Island, a secure, exclusive, and premium neighborhood with access managed by city police. There is no better place where you and your family can be safe to enjoy South Florida’s tropical pleasure. Varying in architectural style, the most popular Palm Island units are Mediterranean Classic and Miami Modern (Mimo).
It comprises only one hundred waterfront homes along Palm Island Park, placing at your disposal community basketball and tennis courts, kid’s playground among other private amenities. The community is only accessible by car ferry or by boat, privacy here is a total requirement, and has always been respected and controlled.
Impressive homes on this island feature up to 30.000 sq. ft. of lot area. This applies to both waterfront residences and non-waterfront homes. Five-star homeowners of the opulent Palm Island include Ana Gabriel, Rajat Gupta, Al Capone (as mentioned before), Nick Nolte, Barbara Walters, Scott Storch, Bryan “Birdman” Williams, and Gabrielle Anwar.
The third island is the Star Island, also developed in the 1920s by the American entrepreneur and visionary, Carl Fisher, on his tireless desire to promote the auto industry, highway construction, and real estate development in Florida.
It has a total land area of 0.134 square miles, boasting only 98 homeowners. The average lot size here is 40.000 sq. ft., and homes commonly feature interior floor plans ranging from 7.990 sq. ft. up to 18.356 sq. ft. in size. Residents have the beautiful Buoy Park located in the interior of the island which is open to public access and holds a single, oval-shaped street known as “Star Island Drive”.
The name is not a coincidence because since always it has been home to high-profile residents, from musicians and actors to business tycoons and even ex-presidents. Among the long list of A-list residents, the enclave has boasted celebrity names like Emilio and Gloria Estefan, Sean Combs, Don Johnson, basketball superstar Shaquille O’Neal, Rosie O’Donnell, Phillip Frost, and the Brazilian singer Xuxa.
Due to the privilege of owning a home on any of these three islands, the cost of living is higher than the rest of Miami, considering the million-dollar properties in the neighborhood. And the cost of living in Miami Beach is 30% higher than the Florida average and 29% higher than the national average. There is no doubt that investing in Hibiscus Island, Palm Island, and Star Island is a total luxury reserved for exclusive buyers willing to cover the cost of maximum comfort and privacy.
