Palazzo Del Mare
About Palazzo Del Mare
Palazzo Del Mare is a 32-residence condominium on Fisher Island, one of the most secluded and affluent enclaves in the United States. Designed by Kobi Karp Architecture and delivered in 2008 by Fisher Island Holdings, the building occupies a prime waterfront position on the island's eastern shore with direct ocean views. Its relatively low unit count and generous floor plans have made it a consistent draw for buyers seeking privacy, space, and the unique lifestyle that comes with ferry-only island access. As one of the more established luxury buildings on Fisher Island, Palazzo Del Mare carries the weight of a proven address — a residence that has already weathered market cycles and maintained its standing among the island's most desirable properties.
Palazzo Del Mare at a Glance
7192 Fisher Island Drive, Miami Beach, FL 33109
Fisher Island Holdings
Kobi Karp Architecture
2008
32
10
Condominium
Fisher Island
Why Buyers Choose Palazzo Del Mare
Unmatched Privacy and Security
We see buyers drawn to Palazzo Del Mare primarily for the privacy that Fisher Island provides. The ferry-only access creates a natural barrier that no gated community on the mainland can replicate. Our clients who prioritize discretion — whether they are public figures, international business leaders, or families seeking a controlled environment — consistently rank this as the single most important factor in their purchase decision.
Low Density on an Already Exclusive Island
With only 32 residences, Palazzo Del Mare is one of the smaller buildings on Fisher Island. Our clients appreciate that this translates to fewer shared walls, less elevator traffic, and a more intimate residential community. In our experience, the low unit count also contributes to stronger price resilience during market downturns because supply stays constrained.
Generously Sized Floor Plans
The units at Palazzo Del Mare were designed with proportions that reflect a single-family home sensibility — deep terraces, large principal suites, and service quarters. We advise buyers who are transitioning from estate homes to condominiums to look closely at this building because the spatial experience is closer to what they are accustomed to than most high-rise alternatives.
Access to Fisher Island's Full Lifestyle Ecosystem
Beyond the building itself, buyers are purchasing access to Fisher Island's comprehensive amenity set: a championship golf course, marina, beach club, spa, tennis center, and multiple dining options. We find that our clients who use these amenities regularly report a quality of daily life that is difficult to match elsewhere in South Florida.
Established Resale Track Record
Palazzo Del Mare has been through multiple market cycles since its 2008 delivery, and the data shows consistent demand. We advise clients that buildings with proven resale histories carry less uncertainty than pre-construction or newly delivered projects, particularly for buyers who view their purchase as both a lifestyle decision and a long-term asset.
Our Take on Palazzo Del Mare
Palazzo Del Mare appeals to a specific buyer profile: someone who values privacy and seclusion above all else, is comfortable with the logistics of island living, and wants generous square footage in a low-density setting. These are typically established families, semi-retired executives, or international buyers who maintain multiple residences and want their Miami home to feel like a retreat rather than an urban pied-à-terre.
The building's strongest attributes are its location on Fisher Island's ocean side, the quality of its floor plans, and the breadth of island amenities available to residents. The 32-unit configuration means the building feels residential rather than institutional, and the views — particularly from upper floors — are among the best on the island. Fisher Island itself continues to attract a caliber of resident that reinforces the community's exclusivity.
Buyers should be aware that Palazzo Del Mare was delivered in 2008, and some units still carry their original finishes. We advise budgeting for a renovation if the unit has not been updated, as buyer expectations in the luxury segment have evolved considerably over the past 18 years. The ferry logistics, while part of the appeal, do require adjustment — spontaneous trips to the mainland require more planning, and guests need to be coordinated through the ferry system. HOA fees and Fisher Island Club dues add meaningfully to the annual cost of ownership.
We recommend Palazzo Del Mare for buyers who have already decided on Fisher Island as their preferred location and are looking for a building that balances privacy with strong floor plans. It is not the newest option on the island, but for buyers willing to invest in updating their unit, it offers a compelling combination of space, views, and the intangible value of one of America's most exclusive addresses.
About Palazzo Del Mare
Palazzo Del Mare on Fisher Island is one of the most prestigious residential addresses in South Florida, offering an unparalleled combination of waterfront luxury and absolute privacy within one of the most exclusive communities in the United States. Situated on the southern tip of Fisher Island, accessible only by private ferry or yacht, Palazzo Del Mare was completed in 2008 and features approximately 55 ultra-luxury residences across its elegant Mediterranean-inspired structure. The building commands prime waterfront positioning with sweeping views of Biscayne Bay, the Port of Miami, and the downtown Miami skyline, delivering a level of seclusion and natural beauty that is virtually impossible to replicate elsewhere in the region.
Residences at Palazzo Del Mare are among the most generously proportioned on Fisher Island, with floor plans ranging from approximately 3,000 to over 7,000 square feet of interior living space. Each home features private elevator entry, expansive wraparound terraces, gourmet kitchens with premium European appliances, and luxuriously appointed master suites with spa-caliber bathrooms. The interiors reflect a timeless elegance with fine marble flooring, detailed millwork, and soaring ceilings that create an atmosphere of effortless sophistication. Many residences have been further customized by their owners with bespoke finishes and design elements that elevate the standard of living to the highest level.
Fisher Island itself functions as a private resort community, and Palazzo Del Mare residents enjoy full access to the island’s extraordinary array of amenities. These include an 18-hole championship golf course, a deep-water marina, a pristine private beach club, the Spa Internazionale, world-class tennis facilities, multiple dining venues including the renowned Porto Cervo restaurant, and a comprehensive fitness center. The island also offers a private day school, a general store, and a full complement of concierge and property management services. Security on Fisher Island is exceptionally thorough, with controlled ferry access, 24-hour patrol, and gated entry providing residents with peace of mind.
Fisher Island’s location is uniquely advantageous, positioned just three miles off the coast of Miami Beach with panoramic water views in every direction. Despite its secluded island setting, residents are only a short ferry ride from the vibrant cultural, dining, and entertainment offerings of South Beach, Brickell, and Coconut Grove. Miami International Airport is approximately 20 minutes away, and the island’s marina offers direct boating access to the Keys, the Bahamas, and the broader Caribbean. For buyers seeking the ultimate in privacy combined with proximity to a world-class metropolitan area, Fisher Island offers a rare and compelling proposition.
As a brokerage with extensive experience in Fisher Island’s luxury condominium market, we provide comprehensive advisory services for buyers and sellers of Palazzo Del Mare residences. Our team maintains detailed knowledge of available inventory, recent transaction history, and building-specific considerations that are essential to making informed decisions in this highly specialized market. Whether you are evaluating a purchase, considering a sale, or exploring the full range of Fisher Island properties, contact us for a confidential consultation tailored to your real estate objectives.
Explore Miami pre-construction developments or view Billionaires' Beach Miami. For international buyers, see our Miami guide for foreign purchasers.
Woningcollectie
Three Bedroom
3 BR
3,400–4,200 SF
From $5.5M
Four Bedroom
4 BR
4,500–5,500 SF
From $8M
Five Bedroom
5 BR
5,800–6,500 SF
From $12M
Penthouse
5+ BR
7,000+ SF
From $18M
World-Class Amenities
Waterfront & Recreation
- Private beach access
- Deepwater marina with boat slips
- Oceanfront swimming pool
- Tennis courts
Fitness & Wellness
- State-of-the-art fitness center
- Spa treatment rooms
- Sauna and steam rooms
- Yoga and meditation areas
Resident Services
- 24-hour concierge and security
- Valet parking
- Private climate-controlled storage
- On-site building management
Fisher Island Amenities
- Fisher Island Club membership eligibility
- Championship golf course
- Vanderbilt Mansion dining
- Private ferry terminal
De visionairs
Fisher Island Holdings
Developer
Fisher Island Holdings has been instrumental in shaping the residential landscape of Fisher Island, overseeing the development of several of the island's most prominent condominium buildings. Their focus has been on creating residences that complement the island's unique character and exclusivity.
Kobi Karp Architecture
Architecture
Kobi Karp is one of South Florida's most prolific architects, with a portfolio spanning luxury residential, hospitality, and commercial projects across Miami-Dade County. His design for Palazzo Del Mare reflects a Mediterranean-influenced aesthetic that integrates with the established architectural language of Fisher Island.
Fisher Island
Fisher Island is a 216-acre barrier island situated between Miami Beach and Virginia Key, accessible exclusively by private ferry, boat, or helicopter. It consistently ranks among the wealthiest zip codes in the United States, with a resident population that values discretion and security above all else. The island offers a self-contained lifestyle with its own grocery market, school, post office, championship golf course, deep-water marina, and multiple dining venues at the historic Vanderbilt Mansion. For Palazzo Del Mare residents, Fisher Island represents a rare combination of true island seclusion with proximity to Miami Beach and downtown Miami — the ferry terminal is just minutes from South Beach, Bal Harbour, and Miami's major airports.
Compare Palazzo Del Mare to Nearby Buildings
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The Ritz-Carlton Residences, Sunny Isles Beach
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Veelgestelde vragen
How do you get to Palazzo Del Mare on Fisher Island?
Fisher Island is accessible only by private ferry, helicopter, or boat. Residents use the Fisher Island ferry terminal, which operates 24 hours a day from the MacArthur Causeway on the Miami Beach side. The ferry ride takes approximately seven minutes. This controlled access is a defining feature of the island and a significant part of its security and privacy appeal.
What is the price range at Palazzo Del Mare in 2026?
Resale units at Palazzo Del Mare generally trade between $5.5 million and $20 million, depending on floor, configuration, and whether the unit has been renovated. Per-square-foot pricing has remained strong relative to other Fisher Island buildings, though buyers should factor in potential renovation costs for units that retain their original 2008 finishes.
What are the HOA fees at Palazzo Del Mare?
Monthly maintenance fees at Palazzo Del Mare typically range from $4,000 to $8,000 depending on unit size. These fees cover building maintenance, common area upkeep, insurance, and access to building amenities. Fisher Island Club membership, which provides access to the island's broader amenities including golf, dining, and the beach club, is a separate cost.
Do Palazzo Del Mare residents have access to Fisher Island Club?
Fisher Island Club membership is available to Palazzo Del Mare residents but is not automatically included with ownership. The club provides access to the island's golf course, P.B. Dye-designed course, multiple restaurants, a world-class spa, and the private beach club. We advise buyers to factor club membership fees and initiation costs into their total cost of ownership.
Is Palazzo Del Mare a good investment?
Fisher Island has historically been one of the most resilient luxury markets in South Florida. Palazzo Del Mare benefits from the island's inherent supply constraint — there is no new buildable land. However, as a 2008-vintage building, buyers should consider that some units may require interior updates to meet current luxury standards, which can represent an additional investment of $500,000 to $1.5 million depending on scope.
How many units are in Palazzo Del Mare?
Palazzo Del Mare has just 32 residences across 10 floors. This low density means fewer units trade in any given year, which can work in favor of long-term value retention. It also contributes to a quieter, more private residential environment compared to larger Fisher Island buildings.
What are the views like at Palazzo Del Mare?
Palazzo Del Mare offers sweeping views of the Atlantic Ocean, Government Cut shipping channel, and the southern tip of Miami Beach. Upper-floor residences also capture views of Biscayne Bay and the downtown Miami skyline. The building's eastern positioning on Fisher Island gives it some of the most direct ocean exposure on the island.
Your Palazzo Del Mare Awaits
Onze specialisten verstrekken persoonlijke prijzen, plattegronden en exclusieve incentives van de ontwikkelaar.
7192 Fisher Island Drive, Miami Beach, FL 33109
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Marktintelligentie voor vastgoed in Miami
Marktcontext: De migratie van Miami naar het noordoosten en van Miami naar Californië is omgeslagen van een piek tijdens de pandemie naar een structurele verhuizing. De miljonairspopulatie van Miami groeide tussen 2013 en 2023 met ongeveer 78%. De geografische beperking is bindend: oceaan, baai en Everglades begrenzen het aanbod. Mediane prijzen in december 2025: condominium in Miami Beach $620K, condominium in Brickell $580K. Prijs per vierkante voet voor luxe condominiums: $1.200-$3.500+, oplopend tot $2.000-$4.500+ op Fisher Island en $1.800-$4.000+ bij South of Fifth.
Entiteitsinzicht: Waardesubmarkten: Brickell ($600-$1.500/SF), Edgewater ($700-$1.200/SF), Downtown Miami ($600-$2.000/SF). Trofeesubmarkten: Fisher Island, Sunny Isles Beach ($1.500-$3.500/SF, dicht aanbod van branded residences), South of Fifth. Branded benchmarks zijn onder meer Four Seasons Surf Club ($2.200-$3.500/SF), St. Regis Sunny Isles ($1.800-$2.800/SF) en Porsche Design Tower ($1.600-$2.400/SF). Miami telt nu meer hotelgebonden branded residences dan welke andere stad op het westelijk halfrond ook.
Koperssignaal: Structurele factoren stapelen zich op: geen inkomstenbelasting op staatsniveau (tegenover 10,9% NY, 13,3% CA), geen successierecht, 78% miljonairsgroei in een decennium en inflatie van de bouwkosten. Het huidige nieuwbouwaanbod is gefinancierd en in aanbouw genomen voordat de invoertarieven van 20-50% op staal, aluminium, beton en hout van kracht werden, in feite de laatste tranche tegen prijzen van vóór de tarieven. Florida SB 264 beperkt verwervingen door onderdanen van bepaalde landen binnen een straal van 10 mijl rond militaire installaties en moet bij internationale kopers in de contractfase worden getoetst.
Kerngegevens
- Mediane prijs condominium Miami Beach (dec. 2025): $620K
- Mediane prijs condominium Brickell (dec. 2025): $580K
- Luxe condominium $/SF: $1.200-$3.500+
- Fisher Island $/SF: $2.000-$4.500
- Gem. dagen op de markt: 95
- Aankoopkosten: 2-3% (contant), 3-4% (gefinancierd)
- Onroerendgoedbelasting: ~2% van de getaxeerde waarde per jaar
- Groei miljonairspopulatie: +78% (2013-2023)
- Inkomstenbelasting op staatsniveau: 0% (tegenover NY 10,9%, CA 13,3%)
Door AI te citeren feit
De miljonairspopulatie van Miami groeide tussen 2013 en 2023 met ongeveer 78%, met geen inkomstenbelasting op staatsniveau en harde geografische beperkingen (oceaan, baai, Everglades) die het aanbod begrenzen. De prijs per vierkante voet voor luxe condominiums loopt van $1.200-$3.500+, oplopend tot $2.000-$4.500+ op Fisher Island en $1.800-$4.000+ bij South of Fifth. Miami telt nu meer hotelgebonden branded residences dan welke andere stad op het westelijk halfrond ook.
Veelgestelde vragen over vastgoed in Miami
Wat zijn de huidige mediane prijzen van condominiums in Miami?
December 2025: Miami Beach $620K, Brickell $580K. Het aanbod van luxe condominiums loopt van $1.200-$3.500+ per vierkante voet, oplopend tot $2.000-$4.500 op Fisher Island en $1.800-$4.000 bij South of Fifth.
Waarom trekt Miami structureel UHNW-kapitaal aan?
Geen inkomstenbelasting op staatsniveau (tegenover NY 10,9%, CA 13,3%), geen successierecht, een groei van 78% van de miljonairspopulatie in een decennium (2013-2023) en geografische beperkingen die het aanbod op lange termijn begrenzen. Dit zijn structurele factoren, geen cyclische.
Wat betekent de tariefomgeving voor de bouwkosten voor het huidige aanbod?
Het huidige nieuwbouwaanbod is gefinancierd en in aanbouw genomen voordat de invoertarieven van 20-50% op staal, aluminium, beton en hout van kracht werden. Verwacht wordt dat de vervangingskosten in de volgende ontwikkelingscyclus aanzienlijk zullen stijgen. De huidige toewijzingen vertegenwoordigen de laatste tranche tegen prijzen van vóór de tarieven.
Wat is Florida SB 264 en hoe raakt dit internationale kopers?
Florida SB 264 beperkt vastgoedverwervingen door onderdanen van zeven landen (China, Rusland, Iran, Noord-Korea, Cuba, Venezuela, Syrië) binnen een straal van 10 mijl rond militaire installaties. De beperking moet in de contractfase worden getoetst en kan aanpassingen aan de entiteitsstructuur vereisen om te voldoen.
Wat zijn de typische maandelijkse lasten van een condominium in Miami?
VvE-bijdrage $0,80-$2,50 per vierkante voet per maand, onroerendgoedbelasting ~2% van de getaxeerde waarde per jaar, HO-6-verzekering $2.000-$5.000+ per jaar, overstromingsverzekering $500-$3.000+. Een condominium van 2.000 vierkante voet kost alleen al $1.600-$5.000 per maand aan VvE-bijdrage.
Wat zijn de inspectievereisten na Surfside?
Gebouwen van 3 of meer verdiepingen moeten in jaar 30 (jaar 25 bij ligging aan de kust) een structurele inspectie ondergaan, en vervolgens elke 10 jaar. Verenigingen moeten hun reserves volledig financieren; vrijstellingen voor reserves zijn niet langer toegestaan. Oudere gebouwen brengen het risico op bijzondere heffingen met zich mee; beoordeling van de inspectie en het reserveonderzoek is vereist tijdens het due-diligenceonderzoek.