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New Waterfront Residences In One Of The Most Expensive Zip Codes In The Country

New Waterfront Residences In One Of The Most Expensive Zip Codes In The Country

A new luxury boutique residential development, Palazzo Della Luna, is currently being developed on tony Fisher Island. Slated for completion during the summer of 2019, the Mediterranean-style 10-story property is located on the last waterfront parcel left on the island. The sprawling 50 residence Kobi Karp-designed Palazzo Della Luna is a contemporary homage to the island’s original development, the Mediterranean Vanderbilt mansion built in 1936 on the island. It is being built adjacent to its sister property, Palazzo Del Sol which was completed in 2016. 

Off the coast of Miami, Florida and a stone’s throw across the water from South Beach, Fisher Island is a little-known island which used to be the home of a branch of the storied Vanderbilt family. The island is accessible only via the island’s own auto-ferry system or by private yacht.

Palazzo Della LunaCourtesy of Palazzo Della Luna

Fisher Island is one of the most expensive zip codes in the country

Fisher Island is a private 216-acre island that is located only a few minutes away from Downtown Miami. At the heart of the island is the Fisher Island Club, a storied country club that offers some of the most luxurious residential and recreational amenities to be found anywhere in the world. It is also one of the most expensive zip codes in the country.

The island’s history is intertwined with that of the Vanderbilt family. According to locals, seven acres of the island was traded by former owner Carl Fisher in exchange for a 250-foot yacht owned by William Kissam Vanderbilt II. Vanderbilt, an avid sportsman and frequent visitor to Southern Florida, accepted the offer. Between the late 1920’s and the mid-1930’s, Vanderbilt increased his land holdings to a total of 13 acres where he built an elaborate Mediterranean-style mansion called “Alva Base" in 1936.

After several ownership changes, the island sat vacant for over fifteen years until development on the island began in the 1980s. In 1987, Fisher Island opened as a private Club. It is now an equity club owned by its members. The original Vanderbilt Mansion serves as the landmark centerpiece of 15  sprawling luxury homes.

Palazzo Della LunaCourtesy of Palazzo Della Luna

Panoramic views of the ocean

Palazzo Della Luna will feature 50 three- to seven-bedroom waterfront residences, ranging in size from 3,724 square feet to 10,194 square feet, with a variety of modern floor-through layouts. Units have panoramic views of the ocean, bay, South Beach, Downtown Miami, and the Fisher Island golf course. Prices for units will range from $6.5 million to $40 million. Its sister property, Palazzo Del Sol, is a 46 residence Kobi Karp-designed 10 story building. The development is a contemporary homage to the Vanderbilt Mansion. Palazzo Della Luna and Palazzo Del Sol sit on just over eight acres of land.

Palazzo Della LunaCourtesy of Palazzo Della Luna

Each residence will have a private elevator entry and a contemporary open floor plan with wide-plank European oak wood flooring. Each unit will also feature deep terraces featuring panoramic visas.

Palazzo Della Luna is being developed by Heinrich von Hanau of Fisher Island Holdings LLC and Cedrik Denain and Joseph R. Dieppa, Principals of ASR Construction. The property will feature interiors by Winston Kong, Partner at Champalimaud Design, a New York City based design firm founded by Alexandra Champalimaud.

Palazzo Della Luna penthouseCourtesy of Palazzo Della Luna

Three penthouses will feature 15 foot ceilings throughout, Enzo Enea-designed private rooftop terraces with panoramic views and Viking outdoor summer kitchens. The terraces will be finished in Ipe wood and Sea Grey granite hardscaping and manicured grass landscaping. Each unit will also have a private stainless-steel pool with glass-tile finish by Bradford, and an outdoor shower. One lower penthouse will also have access to its own rooftop terrace. In addition, three of the building’s four ground-floor lanai residences will enjoy their own private pools set within expansive Enzo Enea-designed private terraces.

Palazzo Della LunaCourtesy of Palazzo Della Luna

High quality interior furnishings include Lualdi doors, BOFFI kitchens with Miele appliances and Sub-Zero refrigeration, BOFFI master bathrooms with a custom “Fisher Island” soaking tub, Margraf honed statuaria book-matched marble and Dornbracht and Duravit plumbing controls and fixtures.

Palazzo Della LunaCourtesy of Palazzo Della Luna

Amenities for all ages

Palazzo Della Luna and Palazzo Del Sol will share a multitude of amenities including 24-hour front desk reception and security, white-glove multi-lingual concierge service, valet parking (and optional self-parking) and a waterfront north lobby lounge with butler-serviced aperitivo bar. There will also be an intimate reading lounge, beauty salon (for hair, manicures, pedicures and makeup), two treatment and massage suites, media room with luxury seating, business center with video conferencing capability, and fitness center by The Wright Fit.

The Kidville-designed children’s playroom is being created in collaboration with fifth and sixth grade students at Fisher Island Day school, who were engaged as part of their S.T.E.M. curriculum to help inspire its theme and design. Throughout their fall 2017 semester, students worked with design experts, conducted surveys and utilized classroom tools to propose a playroom inspired by its tropical island surroundings.

Palazzo Della LunaCourtesy of Palazzo Della Luna

Residents will also enjoy amenities including sunrise and sunset infinity-edge pools, a pool bar with towel and refreshment service, his & her spa cabana with sauna, steam and shower, expansive pool terraces with lush landscaping and nine private poolside cabanas available for purchase. High-speed wi-fi will be available throughout the building's lobby level and pool terraces.

Palazzo Della LunaCourtesy of Palazzo Della Luna

There will be outdoor tea gardens, a croquet lawn, bocce ball court and serenity yoga lawn.

Fisher Island is a secure island oasis with 216 private acres of tropical living, located within minutes of Downtown Miami and Miami Beach. The Fisher Island Club recently completed a $60 million renovation to its expansive amenities. Home owners on Fisher Island are required to purchase an equity club membership at the Fisher Island Club which has a $250,000 initiation fee. Members have access to the Vanderbilt Mansion clubhouse and restaurants, Beach Club, events, and racquet club with its 18 tennis courts including all four Grand Slam playing surfaces.

Golf memberships for the par-35 championship nine-hole golf course designed by P.B. Dye and two private deep water marinas slips are available for separate purchase. The Beach Club offers food, beverage and towel service for guests, while the rest of the more than a mile of private beach surrounding the island is totally private and accessible only to members. The beaches have white sand imported from the Bahamas.

The island has two surge-proof marinas with over 100 slips including one deep-water marina that can accommodate vessels up to 250 feet.

For more information about Palazzo Della Luna visit the Palazzo Della Luna website.