What makes gives a Miami Beach community luxury status? While there are many factors that go into “luxury real estate” status, the core values of location, exclusivity and quality remain. Luxury in Miami Beach is also a relative term, since most Miami Beach homes would be considered luxury in comparison to many other South Florida properties. However, when you focus on just Miami Beach real estate, there is an upper-echelon of luxuriousness.
Star Island is just one of many private Miami Beach communities, but is often considered one of the best places to own a Miami Beach home. Sticking with the core values of luxury real estate, it is easy to see why Star Island holds such great appeal with celebrities and other high profile residents.
Location: It may seem redundant to mention location, since it is such a common factor in accessing real estate value. However, Star Island truly has an unbeatable Miami Beach location situated in beautiful Biscayne Bay between South Beach and the Downtown Miami mainland. Star Island is a short car or boat ride to all of the fine dining, shopping and entertainment offered by South Florida’s premier communities, but also far enough away for adequate privacy.
Exclusivity: This may seem like a broad generalization, but exclusivity definitely adds value to any home or community. Star Island is one of the most sought-after places to live in Miami Beach, so homes for sale don’t stay on the market long. Star Island also has gate-guarded security and exclusive access through Bridge Road.
Quality: The quality of your home is obviously very important, but the quality of homes within your community is also important for a variety of reasons. The value of your home is impacted by the quality of homes within your neighborhood. Additionally, having neighbors that keep their homes nice and well maintained enhances the aesthetic and curbside appeal of your home.