Building facts
- Address
- 7001-7095 Fisher Island Drive
- Neighborhood
- Fisher Island
- Year built
- 2016
- Floors
- 10
- Residences
- 43
- Status
- Completed
- Developer
- Fisher Island Holdings
- Architect
- Kobi Karp
- Pricing
- Starting at
Key Takeaways
- 49 residences — counted folio by folio on the Miami-Dade County record, including combined units.
- The largest recorded sale on Fisher Island happened here: $40,000,000 in December 2021, followed by $30,000,000 in March 2022.
- The single highest assessed home on the island is here too, at $37,709,321.
- The 2026 median assessed value is $10,390,565, across a range starting at $5,362,823.
- Homes run 3,620 to 9,775 square feet, median 4,102 — 25 three-bedrooms, 18 four-bedrooms, three five-bedrooms and two seven-bedrooms.
- Recent per-foot pricing has eased from $3,508 in 2023 to about $2,975 in 2026.
Fisher Island Drive, Miami, Florida | Neighborhood: Fisher Island
What the county record shows
Fisher Island sits across Government Cut from South Beach and has no road connection to the mainland — access is by ferry, private boat or helicopter. It is consistently reported among the most expensive ZIP codes in the United States, and the ferry is the reason: it keeps the island genuinely private in a way no gated mainland community can match.
Counted against the Miami-Dade County Property Appraiser record on 17 August 2026, Palazzo Del Sol returns 49 residential homes. Heated area runs 3,620 to 9,775 square feet with a median of 4,102, and the mix is 25 three-bedrooms, 18 four-bedrooms, three five-bedrooms and two seven-bedroom residences. There is no small inventory here whatsoever.
The 2026 assessed values run from $5,362,823 to $37,709,321, with a median of $10,390,565. That top figure is the highest assessed home anywhere on Fisher Island, and the median alone exceeds the highest recorded sale in most buildings I have measured across mainland Miami.
Record sales, and a softer recent market
Two things are true here and they point in different directions, so both are worth stating.
First, the ceiling. The county record shows a qualified sale of $40,000,000 in December 2021 and $30,000,000 in March 2022. The $40 million transaction is the largest qualified sale I can find anywhere on Fisher Island.
Second, the recent market. Qualified sales since 2023 — arm’s-length only:
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 5 | $15,500,000 | $3,508 |
| 2025 | 3 | $14,000,000 | $2,943 |
| 2026 to date | 2 | $12,563,350 | $2,975 |
No qualified sale is recorded for 2024, which in a 49-home building is unremarkable rather than alarming.
Per-foot pricing has eased roughly 15% from the 2023 level, and the 2021–22 records sit well above anything since. Ten qualified sales across four years is a thin record, so the direction is more reliable than any single number — and the direction has been gently downward from a 2021–22 peak.
The three Palazzo buildings, compared
All three were counted against the same county record on the same day, so these figures are directly comparable. Combined residences — two units merged into one home, which are common at the top of these buildings — are included.
| Building | Homes | Median sq ft | 2026 median assessed | Highest assessed home | Highest recorded sale |
|---|---|---|---|---|---|
| Palazzo Della Luna | 42 | 4,738 | $11,607,978 | $32,274,342 | $37,000,000 (Jun 2024) |
| Palazzo Del Sol | 49 | 4,102 | $10,390,565 | $37,709,321 | $40,000,000 (Dec 2021) |
| Palazzo Del Mare | 28 | 3,690 | $6,568,559 | $13,848,508 | $21,000,000 (Jan 2022) |
Della Luna carries the highest median assessed value; Del Sol holds both the single highest assessed home and the largest recorded sale on the island. Del Mare sits roughly 37% below Del Sol on median assessed value.
Who this building suits
This suits a buyer who wants the largest and most valuable inventory on the island, with the deepest proven ceiling. If you are buying at the very top of the Fisher Island market, this building has demonstrated it can sell at $40 million — something no other building here has done.
Two practical notes. Values have eased about 15% from the 2023 level, which is leverage for a buyer and important context for a seller anchored to 2021–22 numbers. And with two to five sales a year, both entry and exit take patience.
If you are weighing this against Six Fisher Island, the island’s new development, the comparison above is the one that matters — the existing top-tier pricing is what the new building is being set against.
Verified 17 August 2026 against the Miami-Dade County Property Appraiser record. Every Fisher Island condominium folio was retrieved individually and the Palazzo buildings separated by unit number, since the county registers Del Sol and Della Luna under one combined subdivision. Combined residences — two units merged into a single home — are included; an earlier version of this page excluded them and undercounted the building. Building age and storey count are omitted: published sources conflict and none has been confirmed. Re-check when the next tax roll publishes.
Palazzo Del Sol — Frequently Asked Questions
How many units are in Palazzo Del Sol?
The Miami-Dade County Property Appraiser records 49 residential homes, including combined residences where two units have been merged into one. The mix is 25 three-bedrooms, 18 four-bedrooms, three five-bedrooms and two seven-bedrooms.
What is the highest price ever paid at Palazzo Del Sol?
$40,000,000, in December 2021 — the largest qualified sale I can find anywhere on Fisher Island. A $30,000,000 sale followed in March 2022.
What do homes at Palazzo Del Sol sell for now?
Qualified county sales show a median of $12,563,350 so far in 2026 at $2,975 per square foot, against $14,000,000 and $2,943 in 2025. Per-foot pricing has eased roughly 15% from 2023’s $3,508.
How big are the residences?
Heated area runs from 3,620 to 9,775 square feet with a median of 4,102. The 2026 assessed values run from $5,362,823 to $37,709,321 — that top figure is the highest assessed home on Fisher Island.
Is Palazzo Del Sol the most expensive building on Fisher Island?
It holds the island’s highest single assessed home and its largest recorded sale. On median assessed value, however, Palazzo Della Luna is higher at $11,607,978 against $10,390,565 here.
How do you get to Fisher Island?
By ferry, private boat or helicopter. There is no road connection to the mainland.
Sources and further reading
Palazzo Del Sol completed in 2016 — 10 storeys, 43 residences plus one commercial unit, across more than 231,000 square feet on a 4.5-acre parcel facing Government Cut. Developed by PDS Development (Heinrich von Hanau), designed by Kobi Karp with interiors by Antrobus + Ramirez. Each residence comes with a custom Garia golf cart. Recent trade: unit 7012 at $16.2 million, about $3,448 per square foot, May 2025. Two corrections worth making. The residence count is 43, not the 47 that circulates on listing sites. And Palazzo Del Sol and Palazzo Della Luna are a single condominium under one association — any page showing separate associations or budgets for them is wrong.
Verified 3 August 2026. Source: The Real Deal, 22 Mar 2016 and The Real Deal, 20 May 2025
Interested in selling at Palazzo Del Sol?
Learn more about selling your condo at Palazzo Del Sol with Josh Stein.
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Part of Miami Luxury Condos.