Miami real estate news The Jills Blog

Why So Many Luxury Buyers Choose Star Island

Monday, February 11, 2013
Tags:   15 Star Island Drive, Star Island, 28 Star Island Drive

Star Island certainly has a flashy history with famous residents like Shaquille O’Neal, Madonna and Elizabeth Taylor all lending credence to the “Star Island” name. But beyond the glitz and glam of this island’s superstar residents are the luxury waterfront homes that draw top real estate buyers.

Star Island, Hibiscus Island and Palm Island are all part of manmade islands situated perfectly in beautiful Biscayne Bay. These islands have the distinct advantage of having a waterfront location that’s close to major metropolitan areas like Downtown Miami and South Beach, while having relative seclusion in the calm waters of Biscayne Bay. The privacy, fantastic location and year-round warm weather make Star Island and its neighboring islands some of the most appealing real estate in South Florida.

Star Island holds a distinct advantage over Hibiscus and Palm Island, due to its incredibly large plots of land. Star Island’s lot sizes allow residents to build larger homes and spacious outdoor living areas. Homes such as 15 Star Island Drive not only have large amounts of interior square footage, but also have large outdoor living areas which include, pool, pool deck, boat dockage, and more. Rarely do luxury waterfront Miami Beach homes exist on 40,000 square feet of land and contain 100 feet of water frontage such as 15 Star Island Drive.

Despite the island’s immense popularity, there is still a lot of opportunity to build new homes and take full advantage of the large lot sizes. 28 Star Island Drive is a 40,000 square foot lot of land on beautiful Star Island. With 100 feet of gorgeous water frontage, 28 Star Island holds wonderful opportunity for any luxury buyer to build the home of their dreams on nearly priceless land. The lot already has paved entrance and boat dockage and is simply waiting for the right buyer to build a magnificent home.

Here are the other properties currently available on Star Island:

AddressBD/BASq. Ft.Price
4 Star Island Drive5/48,161$20,000,000
40 Star Island Drive7/69,854$35,000,000
5 Star Island Drive9/1111,980$35,000,000
15 Star Island Drive9/98,699$16,900,000
30 Star Island Drive11/1116,000$32,000,000
43 Star Island Drive12/1211,104$17,500,000

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