Star Island
Star Island
Pros & Cons
Top 3 Things To Do
Median Price
The Location
Day & Nightlife
Walk Score
Comparable Neighborhoods
Demographics
Star Island
Description of the Neighborhood:
Star Island stands as an exclusive and opulent enclave in Miami Beach, known for its ultra-luxurious waterfront estates, celebrity residents, and breathtaking views of Biscayne Bay.
The neighborhood is a symbol of prestige and offers an unparalleled level of privacy and sophistication.
Pros & Cons
PROS:
Luxury Living:
Star Island is synonymous with extravagant waterfront residences, showcasing some of Miami’s most magnificent homes.
Privacy and Security:
The island’s gated community provides a high level of security and privacy, attracting high-profile residents.
Breathtaking Views:
With its prime location on Biscayne Bay, Star Island offers stunning panoramic views of the bay and the Miami skyline.
CONS:
Exclusive Access:
The exclusivity comes at a cost, with limited access and a private, gated entry that restricts public entry.
High Cost of Living:
As one of Miami’s most prestigious neighborhoods, Star Island has a high cost of living, especially in terms of real estate.
Limited Commercial Amenities:
The focus on residential luxury means limited commercial amenities, with residents often needing to venture to nearby areas for shopping and dining.
Top 3 Things To Do
Top 3 things to do in the area:
Yacht Cruises:
Explore Biscayne Bay and the Atlantic Ocean with luxury yacht charters departing from the island’s private docks.
Mansion Sightseeing:
Take a leisurely drive or boat tour to admire the opulent mansions and celebrity homes that line the island’s waterfront.
Enjoy Sunset Views:
Witness breathtaking sunsets over the bay from the comfort of your own private waterfront oasis.
Best time of the year to visit:
If you can get in, the mild winter months, from November to April, offer pleasant weather, making it an ideal time to visit Star Island.
Median Price
Median Residential Rent:
Rental properties on Star Island are limited, but monthly rates for exclusive residences can start from $30,000 and reach into the six figures.
Median Residential Sale:
Owning a piece of Star Island’s luxury comes with a hefty price tag. Residential properties typically start in the multimillion-dollar range and can reach tens of millions.
Median Commercial Rent:
No commercial properties on this Island.
Median Commercial Sale:
None.
Data as of 12/2023 researched by RealFeed Research Department.
The Location
Day & Nightlife
What’s Happening?..
The neighborhood is known for its exclusive and private lifestyle, with residents often organizing their own events. If you know a friend of a friend, maybe you can be one of the lucky ones to get an invitation.
Nightlife options are limited within Star Island itself, but nearby Miami Beach and downtown Miami offer a vibrant scene.
Walk Score
Perfect Island to walk or bike around.
Somewhat Walkable
Comparable Neighborhoods
Comparable areas are;
Fisher Island:
Another exclusive island enclave with luxurious residences and a private club, accessible by ferry.
North Bay Island:
Located nearby, North Bay Island offers a mix of luxury living and more accessible real estate options
Similar Areas
Demographics
Star Island attracts an affluent and influential demographic, including celebrities, business tycoons, and high-net-worth individuals seeking the epitome of luxury living.