Fisher Island Has Been Named The Highest Earning ZIP Code in The United States

The detrimental effects of continued and increasing state tax in high tax northern states such as New York and Connecticut is beginning to show its effects and fast. Connecticut and Manhattan were once home to numerous Wall Street big wigs and high income earners, yet residents have either fled to states such as Florida where the state is funded off of property tax and sales tax amongst others. While Greenwich, CT is still in the top 20, as is its Riverside neighborhood, Manhattan failed to crack the top 20 with any neighborhood.

Taking the cake, Miami’s ultra-luxe, hyper-private, ferry accessible Fisher Island 33109. Ask where the new residents are moving from and you will hear what you would expect, New York, Connecticut and New Jersey. Fisher Island has always attracted the rich and private, but in just a short timeframe they neighborhood has catapulted itself to a lead of over $1 million more of annual income per household at an astonishing $2.5 million per year.

Fishr Island has a fascinating history, named after South Florida pioneer and founder of Miami Beach Carl G. Fisher who purchased the island from Dana A. Dorsey, Florida’s first African American millionaire. Fisher later traded the island for William Vanderbilt’s yacht. The development that transformed the island into its current form began in the 1980’s and although there are now just over 220 properties on the island, by modern standards the island is just as exclusive only accessible by boat, ferry or helicopter.

Fisher Island’s 33109 is followed by Silicon Valley’s Atherton, CA (94027); Palm Beach, FL (33480); Palo Alto, CA (94301); Harrison, NY (10577); Gladwyne, PA (19035); Los Angeles, CA (90067); Kenilworth, IL (60043); Weston, MA (02493); San Francisco, CA (94111); Far Hills, NJ (07931); Boston, MA 02110); Portola Valley, CA (94028); Moose Wilson Road, WY (83014); Naples, FL (34102); Medina, WA (98039); Riverside, CT 06878); Old Westbury, NY (11568);  Glencoe, IL (60022), and in twentieth, Greenwich, CT (06831), according to a Bloomberg study of IRS data. 

Tour The Stunning Palm Beach Estate Which Was Used In Jenny Tolman's New Music Video "Something To Complain About"

There is a new major listing on the prestigious North Ocean Boulevard which was just featured in the music video from country music-star Jenny Tolman’s release of her new song “Something to Complain About” from her album “Jennyville” which aired on CMT March 13. The music video was shot inside the Palm Beach estate complete with all the modern amenities essential for luxury resort style, beachfront living.

The beachfront mansion offers 5 bedrooms, 6 bathrooms and 3 half-baths, all spread over 13,542 SF. The home was designed by Mark Timothy Inc, Affiniti Architects and Marc-Michaels Interior Design. Vanishing pocket sliders throughout blend the interior and exterior living spaces amidst the views of the resort-style pool, five-star grounds and endless ocean vistas. Finishes include white oak wood and limestone tile flooring; wood-paneled elevator, designer wall-coverings; impact glass windows and doors; generator; two separate garages with storage; security system; smart house technology; designer plumbing fixtures and more.

The estate was designed for entertaining complete with a formal living room and club room with a built-in wet bar and wine cellar at one end and two walls of sliders that open to the covered loggia and seaside grounds on the east end of the room. The home also offers chef's kitchen with top-of-the-line appliances, formal dining room, and master-suite wing complete with formal master-bath, massive dressing room and closets capped off with a seaside terrace complete with panoramic views of the Atlantic Ocean and lush grounds. 

Outside, the gated estates lush grounds offer meticulously manicured abundant green spaces, and ample room for lounging seaside amidst the endless views and can be accessed from the first floor main living areas via sliders that invite the outdoors in. Enjoy endless hours of relaxing and entertaining around the resort-style heated pool with spa complete with seaside terrace, summer kitchen and cabana bath.

Check out the CMT music video: http://www.cmt.com/video-clips/jja0wt/something-to-complain-about

6161 North Ocean Boulevard, Ocean Ridge is currently listed for $24.95 million with Nick Malinosky & Randy Ely with Douglas Elliman.

Check Out This Spectacular North End Oceanfront Estate in Palm Beach Asking $49.5 Million

Palm Beach is home to some of the most spectacular beachfront estates and this North End oceanfront estate located at 1471 N Ocean Boulevard is no exception. The palatial 2.04 acre gated compound situated on 156' of ocean frontage features 8 bedrooms, 11 full bathrooms and 3 partial baths spread over 11,027 SF. The estate features a main residence, a private 4-bedroom guesthouse, and a pool with cabana complete with lush landscaping and manicured gardens. The main house features a large living room with ocean views, formal dining room, wine cellar, media room, gym, wet bar, chef's kitchen, and large master suite complete with his and hers offices, baths, walk-in closets and ocean views. The North End offers residents a relaxed and charming neighborhood where zoning laws prohibit condominiums and commercial properties, leaving residents to enjoy private, beachfront views as well as a 3 mile scenic trail. 1471 N Ocean Boulevard, Palm Beach is currently listed for $49,500,000 with Cristina Condon and Todd Peter of Sotheby's International Realty Palm Beach Brokerage. 

Christie’s International Real Estate to Collaborate with Premier Estate Properties in Palm Beach

Christie’s International Real Estate has announced that Premier Estate Properties, a Network Affiliate for more than a decade, is opening its sixth South Florida office on Worth Avenue in Palm Beach, Florida, to extend the reach of our venerable brand (January 2018). The new Premier Estate Properties Palm Beach Office will be represented by established Palm Beach Broker, Jim McCann, whose achievements include sales exceeding $100 million annually since 2007. Jim will be joined by his long-time associates, Maryellen Cantera and Kristina Parker.
 
Premier Estate Properties is a privately held boutique real estate brokerage firm specializing in the sale of properties in excess of $1 million and currently holds a portfolio of $1.2 billion in properties in such luxury markets as Manalapan, Gulf Stream, Delray Beach, Boca Raton, Hillsboro Beach, Fort Lauderdale, and Vero Beach, amongst other markets. Working in conjunction with Christie’s International Real Estate, Premier Estate Properties Palm Beach Office will kick-off their relationship  by co-sponsoring this month’s Palm Beach Modern + Contemporary (PBM+C) Art Fair. For 25 years, Premier Estate Properties, led by Brokers/Owners Carmen N. D’ Angelo Jr., Gerard P. Liguori and Joseph G. Liguori, has dominated the South Florida market with many sales exceeding $20 million. Premier Estate Properties is also noted for exceptional concierge service, utmost discretion, marketing acumen and negotiating expertise and has repeatedly proven itself an industry leader in its own market areas and within the global Christie’s International Real Estate network.  

Carmen N. D’Angelo Jr. views the natural synergy of this collaboration as a unique opportunity for island residents of Palm Beach: “The Christie’s brand, cross-marketed through its auction house and network of high-end real estate firms, delivers a level of global visibility unmatched in this market - attracting the most elite buyers worldwide.”

"I have been associated with Premier Estate Properties for over 20 years, the last 10 managing the network’s Southeast Region where their six brokerages have operated as our valued Affiliate," says Rick Moeser, Executive Director of Christie's International Real Estate, whose office is also located in Palm Beach. "These are proven experts in the marketing and sale of high-value properties, and also in fully leveraging the power of our luxury brand to introduce these finest homes to the world. Premier Estate Properties’ expansion into Palm Beach is a formidable asset for buyers and sellers in both Palm Beach and globally."

Check-Out Wellness Inspired Amrit Ocean Resort & Residences Coming to Singer Island in Palm Beach

Amrit Ocean Resort & Residences has released new interior renderings of their wellness inspired hotel-condo coming to Singer Island in Palm Beach. The project is unique in the sense that each resident will receive a customized wellness program set just for them and a 24/7 wellness advisor. Amrit Ocean Resort & Residences will feature 351 units in total with 100,000 SF of wellness amenities including an outdoor spa, meditation garden, outdoor yoga studio, an oceanfront restaurant, and a private beach club with cabanas, water sports and lounge chairs; all located on 7 acres of waterfront on the Atlantic Ocean. The project was designed around "The Five Pillars" which focus on nutrition, fitness, mindfulness, sleep and relaxation. Amrit Ocean Resort & Residences was designed by S&E Architects and features interiors designed by Bilkey Llinas Design. Pricing for units starts around $700,000 and ranges to over $4 million while unit sizes range from 1,460 SF to 2,525 SF with penthouses available at 3,350 SF. Penthouses come complete with rooftop terraces, summer kitchens and hot tubs. Amrit Ocean Resort & Residences is located at 3100 North Ocean Drive, Singer Island, Riviera Beach and is being developed by Creative Choice Group in partnership with ESPA and the Himalayan Institute.

Brightline To Begin Passenger Rail Service Between West Palm Beach And Fort Lauderdale January 8th

Brightline will be launching South Florida into the future in early 2018 as they have announced that they will begin their inaugural rail service between West Palm Beach and Fort Lauderdale the week of January 8, 2018. For the past several months they have made progress toward operational readiness by training employees and test equipment. Simultaneously work on the track between Miami and Fort Lauderdale is wrapping up and is expected to launch in Q1 2018. In December the Brightline locked down final approvals for Phase 2 from the U.S. DOT to begin construction to Orlando in 2018. Brightline also closed on the sale of $600 million in Private Activity Bonds to finance the Phase 1. Brightline has also received approval to sell an additional $1.15 billion in PAB Bonds for Phase 2. Brightline is reportedly also considering alternative financing including a Railroad Rehabilitation and Improvement Financing loan. When completed the Brightline will set the new benchmark for travel by train in America with express inter-city passenger rail service connecting Miami, Fort Lauderdale and West Palm Beach, with future service to Orlando. Providing a travel option that lives at the intersection of transportation and hospitality, the service is expected to reduce traffic and provide South Floridians with a simple and intuitive experience from door to destination, and foster new opportunities to explore more of Southeast Florida. Brightline will be the only privately owned, operated and maintained passenger rail system in the United States. 

Explore the Grounds of Casa del Ensuenos, The 1923 Lakefront Palm Beach Estate Asking $32.5 Million

Built in 1923, Casa del Ensuenos is a classic Palm Beach estate located in the Estate Section on the market asking $32.5 million. The lakefront estate was designed by famed architect Addison Mizner, who in the 1920's was one of the most well-known American architects. Mizner's Mediterranean Revival and Spanish Colonial Revival works transformed South Florida and Casa del Ensuenos displays his classic, Venetian, signature style complete with interior and garden designs throughout. The immaculate estate features 9 bedrooms, 10 bathrooms and 6 half-baths spread over 14,397 SF of living area. The landmarked main house features 6 bedrooms while another 3 are located in the non-landmarked guest house. Inside features stunning detail including classic wood-beam ceilings, plaster walls, and 7 fireplaces along with multiple living areas, library and a formal dining room. Casa del Ensuenos also features a large pool with cabana, beautifully landscaped gardens and a private dock complete with a boat lift. 800 S County Road is currently listed for $32,500,000 with Cristina Condon and Jean Lembcke of Sotheby's International Realty. 

Brightline Locks Down Final Approvals For Phase 2, To Begin Construction To Orlando In 2018

Brightline can finally begin construction on Phase 2, their new line of tracks to Orlando after gaining federal approval from the U.S. DOT for the transit line. Construction on Phase 2 is expected to kick off in early 2018. Service is expected to soon commence between Fort Lauderdale and West Palm Beach, adding service to Miami soon after. On December 15, 2017, the U.S. Department of Transportation issued a Record of Decision for the privately funded Brightline intercity passenger rail project between Miami and Orlando. The Record of Decision (ROD) represents the final step in the National Environmental Policy Act (NEPA) process after the Final Environmental Impact Statement (FEIS) was issued in 2015 and is the last federal environmental approval needed to construct the system between West Palm Beach and Orlando. This decision marks the achievement of another significant milestones for the company as it gears up to launch Phase 1 of its service and start construction north of West Palm Beach. Over the past 4 years, The Federal Railroad Administration worked with the Army Corps of Engineers and the U.S. Coast Guard, along with local authorities, cities and counties, on the project's development and issuance of the FEIS. Brightline’s station in Orlando will be located at the Orlando International Airport’s new Intermodal Terminal Facility (ITF) that will be the hub of the future South Terminal complex. The ITF is connected to the North Terminal by a recently completed Automated People Mover and includes a 5,000-space parking garage. SunRail, Central Florida’s commuter rail system, has a planned connection to the ITF. Over the next few months, Brightline will finalize the design for the rail infrastructure and the 70-acre Vehicle Maintenance Facility which will be located on Orlando International Airport property. Construction of the system will create thousands of jobs and provide a much-needed link between Florida’s two most visited and populated regions.

“This is the most critical and final step in the extension of Brightline’s service to Orlando, and we are excited to move forward with Phase 2,” said Dave Howard, Brightline’s CEO. “This was a great year for us as we completed construction on two of our major stations and rail infrastructure, successfully presold tickets and corporate packages to individuals and businesses throughout the region and priced $600 million in Private Activity Bonds to fund Phase 1. We look forward to launching service to Miami and starting construction north to Orlando in the first quarter of 2018.”

Related Companies Planning Major Expansion Revamp To CityPlace West Palm Beach

The Related Companies is planning a major revamp of its CityPlace West Palm Beach property, proposing to add 350 apartment units, a new office building and a hotel expansion. Reports show Related Companies plans to knock down the current Macy's building, which would be replaced by the apartment development as well as retail and dining. They would then add a 255,000 SF office building as well as upgrade the AMC CityPlace 20 movie theater into a more upscale, luxury theater offering which have grown in popularity and expand the Hilton West Palm Beach hotel. The expansion is pending city approval. 

80-Acre Wellington Equestrian Compound With Development Site Lists For $25 Million

An 80-acre equestrian compound located at 13560 Indian Mound Road in Wellington tied to a Houston oil conglomerate has hit the market for $25 million. It is one of the largest properties for sale in South Florida and includes a grass grand prix field with natural jumps, a 26-stall barn with storage, a tack room, office, owners lounge, riders lounge, apartments, a rideable track, and 19 grass turnout paddocks. The property also features an elevated development site where a luxury estate could be built, transforming the property into an ultra-luxury equestrian estate. The owner purchased the property for $2 million in 1989. 13560 Indian Mound Road is listed for $25 million with Marley Overman of the Overman Team at Keyes’ Illustrated Properties.