Miami-Dade
Star Island
Thirty-odd lots, one guarded causeway
Overview
A single man-made island off the MacArthur Causeway holding some of the largest waterfront estate parcels anywhere in Miami.
On the market in Star Island
The Star Island guide
Star Island is a closed loop of roughly thirty waterfront lots with a guarded entrance, and it is one of the very few places in Miami where a genuine estate parcel — width, depth, private dockage, mature planting — exists within ten minutes of both downtown and the ocean. Because supply is a fixed number of lots rather than a fixed number of units, the market here is a land market: what trades is frontage and orientation, and what gets built on it is the buyer's own decision. Sales are infrequent, often unadvertised, and closely watched.
Star Island is a single guarded oval of large waterfront estates in Biscayne Bay, minutes from both South Beach and downtown and completely separate from either. There are very few houses, and they change hands rarely.
This is a land market. What is being bought is the lot, the frontage and the water in front of it — the house on it is frequently replaced, and much of what has traded here in recent years has been bought with that intention.
Because the supply is measured in a handful of properties, there is no meaningful comparable-sales analysis in the usual sense. Value is established property by property, which makes local knowledge and honest counsel worth considerably more than a market report.
Known for
The life here
- Guarded, gated single entrance from the MacArthur Causeway
- Deep-water frontage on Biscayne Bay with private dockage
- Downtown skyline views west, the beach a few minutes east
- Neighbouring Palm and Hibiscus islands as the comparable set
Buying here
Value is in the frontage, the orientation and what the seawall and dockage permit — not in the existing house, which a buyer at this level will often replace. Establish what is actually permissible on the parcel before valuing the improvements on it.
B&S Luxury
For owners
Own a residence in Star Island?
Discover what today's buyers may pay for it — a private, no-obligation valuation prepared personally by our team.
These sales are land sales dressed as house sales. Presenting the parcel's capacity — buildable envelope, frontage, dockage, seawall condition — is usually worth more than presenting the residence.
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