Exclusive Gated Communities in Miami

Exclusive Gated Communities in Miami

Cocoplum

This enclave of 302 estate homes—including 172 waterfront residences—designed by world-renowned architects and builders provides residents with the ultimate in privacy, elegance, and exclusivity. Strategically located in the southern part of Coconut Grove, Cocoplum is just minutes away from top schools, restaurants, entertainment, and the most exclusive shopping destinations. At Islands of Cocoplum, residents are entitled to use the private club house and its amenities. 

From September 2020 to January 2021, 12 Cocoplum homes were sold for an average price of $3,984,791. Homes feature an average interior square footage of 6,720, thus the average price per square foot is $592.97. The highest sale price during this period was $8,350,000, and the highest price per square foot was $849.06. 

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Gables Estates

Originally developed in the early 1960s by renowned industrialist Arthur Vining Davis, this secure community encompasses 192 lots with wide and deep sea-walled canals that wind their way through magnificent estate homes. Gables Estates is located next to Cocoplum, off the palm tree–lined Old Cutler Road in the southern region of Coral Gables and is bordered by picturesque Biscayne Bay. Gables Estates is considered one of the most prestigious residential communities in Florida, offering residents world-class facilities and truly luxurious living, with plenty of amenities. The family-friendly neighborhood is also home to some of the best schools and educational institutions in Florida, along with plenty of activities.

From September 2020 to January 2021, 8 Gables Estates homes were sold for an average price of $13,931,250. Homes feature an average interior square footage of 8,065, thus the average price per square foot is $1,727.37. The highest sale price during this period was $33,000,000, and the highest price per square foot was $3,085.84. 

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Bay Point

The upscale Bay Point community is located in the upper east side of Miami near the Design District. This gated community built in 1946 is one of the most sought-after locations in Miami, offering a private, safe, and quiet lifestyle. Bay Point has approximately 250 exclusive homes, and its waterfront properties face Biscayne Bay. Bay Point offers has quick and easy access to all the main areas of Miami—with the most premium shopping and the best restaurants in the area.

From September 2020 to January 2021, 9 Bay Point homes were sold for an average price of $5,450,333. Homes feature an average interior square footage of 5,277, thus the average price per square foot is $1,032.85. The highest sale price during this period was $11,300,000, and the highest price per square foot was $1,576.23. 

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Sunset Islands

Located between Edgewater and the Miami Beach Golf Club, the man-made archipelago of Sunset Islands offers its residents unrivaled vistas each and every day. Sunset Islands real estate consists exclusively of high-end residences—whether the homes are located right on the waterfront or further away from the bay, their architecture has a true Mediterranean flair, both classic and modern. Security guards patrol night and day on the four islands, ensuring residents’ privacy and safety.

From September 2020 to January 2021, 20 Sunset Islands homes were sold for an average price of $9,487,814. Homes feature an average interior square footage of 5,530, thus the average price per square foot is $1,715.70. The highest sale price during this period was $18,000,000, and the highest price per square foot was $3,115.26.

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Star, Palm & Hibiscus Islands

Hibiscus Island and Palm Island are two man-made islands in the South Beach neighborhood on Biscayne Bay. The islands are home to ground-breaking and extraordinary architecture, and Star Island in particular is known for its privacy, tranquility, and exclusive location with very easy access to Miami Downtown and Miami Beach. Star Island houses are also the most expensive villas in Miami Beach.

From September 2020 to January 2021, 6 Sunset Islands homes were sold (1 in Star Island, 1 in Hibiscus Island and 4 in Palm Island) for an average price of $8,600,000. Homes feature an average interior square footage of 5,860, thus the average price per square foot is $1,468.57. The home with the highest sale price during this period was in Star Island for $20,100,000, and the highest price per square foot was $2,094.02.

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Fisher Island

Fisher Island is one of the most exclusive spots in Miami, accessible only to its residents and their guests by ferry, boat, or helicopter. The island is less than a square mile in size, sitting south of Miami Beach and east of Downtown Miami. Fisher Island is a veritable paradise, with its golf course, eight restaurants, 18 tennis courts, a school, a private marina, private beaches, a spa, and a hotel—and it has been home to the highest per capita income in the United States since 2015. The island houses a community of about 700 families in luxury condos.

From September 2020 to January 2021, 26 Fisher Island condos were sold for an average price of $6,553,846. Condos feature an average interior square footage of 3,390, thus the average price per square foot is $1,933.29. The highest sale price during this period was $20,000,000, and the highest price per square foot was $3,241.49.

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