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Miami + Miami Beach Mid Year Trend Analysis

Former Stock Broker and Hedge Fund Manager's Analysis of various Miami Real Estate Markets

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The WiseCat Deal of the Month: 45 Star Island

The WiseCat Deal of the Month of March is located on the famed Star Island in Miami Beach, which is located within Biscayne Bay between Miami Beach and the Greater Miami mainland. Star Island Miami Beach sits east of Hibiscus Island and Palm Island, and is only accessible via the MacArthur Causeway. Star Island is quite coveted, therefore property values are extremely high. This man-made island was completed in 1922, and was originally owned by developer Carl Fisher. Star Island is one of the most luxurious and exclusive neighborhoods in Miami Beach, and is comprised of both waterfront and dry lot single-family homes. The Miami Beach waterfront home featured this month is listed at $16,500,000, which a fantastic price for such a luxurious waterfront home.

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Interior Features

The gorgeous waterfront home located at 45 Star Island Drive, Miami Beach, FL 33139 is situated in one of the most popular South Beach areas. The home offers 9,753 square feet of living space, featuring 10 bedrooms, and 10 baths. There are 7 bedrooms with full baths, and 3 bedrooms with half baths. The home features a formal dining room, a formal living room, a family or great room, and ample space to entertain. This Miami Beach waterfront home showcases large, recently updated kitchen. The Star Island waterfront home also has a guest house that includes 2 bathrooms.

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Exterior Features

This Miami Beach waterfront home offers buyers magnificent views of the ocean and the surrounding areas. The backyard faces towards MacArthur Causeway and offers expansive views of the Port of Miami, the Miami Beach skyline, and the skyline of the City of Miami, as well as stunning views of the water. The backyard is an entertainers dream, and offers a uniquely shaped swimming pool, a terrace, a covered patio, and lush landscaping. Additionally, avid boaters will enjoy the ample waterfrontage and boat dock.

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Features of Star Island Living

Star Island is the ideal place for avid boaters to call home, or to use as a vacation property. Large yacht and boats are often seen docked at these luxurious residences. Star Island is a good neighborhood for individuals who enjoy haute dining, high-end shopping, and lively entertainment, as the island is just minutes away from the Collins Avenue shopping district and the world famous Lincoln Road. Additionally, the island is very close to the trendy South of Fifth neighborhood of Miami Beach. The current average listing price is $16,000,000; and, property values range from $16,000,000 to over $30,000,000.

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If you are interested in touring this WiseCat Deal of the Month located on Star Island, contact me at wisecatrealtors.com, and I will be more than happy to show you around. Not interested in this home? Don’t worry, I have many other Miami Beach homes and Miami Beach condos to show you, so that you can come on down and enjoy the Miami Beach lifestyle.

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Call us at: +1 (305) 523 - 9323 or email us below at info@wisecatrealtors.com
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