Building facts
- Address
- 6801-6895 Fisher Island Drive
- Neighborhood
- Fisher Island
- Year built
- 2019
- Floors
- 10
- Residences
- 50
- Status
- Completed
- Developer
- PDS Development LLC
- Architect
- Kobi Karp
- Pricing
- Starting at
Key Takeaways
- The highest median assessed value on Fisher Island: $11,607,978. Higher than Palazzo Del Sol, and higher than anything else on the island.
- 42 residences, including combined units, on the county record.
- The largest median floorplate of the three Palazzos at 4,738 square feet, running from 3,581 to 9,514.
- It reached $4,380 per square foot in 2024 — the highest per-foot figure recorded anywhere on the island.
- Recorded sales include $37,000,000 (June 2024) and $35,179,000 (December 2025).
- It has traded in every recent year — two sales in 2024, three in 2025 and one so far in 2026 at $26,700,000.
Fisher Island Drive, Miami, Florida | Neighborhood: Fisher Island
The island’s most valuable building
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 Della Luna returns 42 residential homes, including combined residences.
Heated area runs 3,581 to 9,514 square feet with a median of 4,738 — the largest median of the three Palazzo buildings. The mix is 16 three-bedrooms, 13 four-bedrooms, eight five-bedrooms, one six-bedroom and four seven-bedroom residences.
The 2026 assessed values run $4,786,953 to $32,274,342, with a median of $11,607,978. That median is the highest of any building on Fisher Island — above Palazzo Del Sol’s $10,390,565 and more than three times the island-wide median of $3,203,222.
What it actually trades at
Qualified sales from the county record — arm’s-length only.
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2024 | 2 | $25,500,000 | $4,380 |
| 2025 | 3 | $18,360,000 | $3,617 |
| 2026 to date | 1 | $26,700,000 | $3,657 |
The $4,380 per square foot median in 2024 is the highest figure recorded anywhere on Fisher Island, in any building, in any year I can measure. The building’s largest recorded sales are $37,000,000 in June 2024 and $35,179,000 in December 2025.
Note what the 2026 row does. A single sale at $26,700,000 at $3,657 per square foot — a higher median price than 2025, at essentially the same per-foot level. This building has not softened the way Palazzo Del Sol has over the same period.
Six qualified sales across three years is a thin record and every figure here carries that caveat. But unlike much of the island, this building has recorded a transaction in each of the last three years, and the level has held.
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 is the top of the Fisher Island market on the measure that covers every home rather than just the ones that sold. If you want the largest floorplates and the highest-specified inventory on the island, this is the building.
It has also held its pricing better than its neighbour. Where Del Sol’s per-foot pricing eased about 15% from 2023, Della Luna’s has moved from $4,380 to $3,657 — a fall, but from a far higher base and to a level still above anything Del Sol has recorded since 2023.
The constraint is availability. Forty-two homes and roughly two sales a year means waiting for the right residence is normal, and an exit is measured in seasons.
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 are included; an earlier version of this page excluded them, undercounted the building at 27 homes and wrongly reported no 2026 sale. Building age and storey count are omitted: published sources conflict and none has been confirmed. Re-check when the next tax roll publishes.
Palazzo Della Luna — Frequently Asked Questions
How many units are in Palazzo Della Luna?
The Miami-Dade County Property Appraiser records 42 residential homes, including combined residences. The mix is 16 three-bedrooms, 13 four-bedrooms, eight five-bedrooms, one six-bedroom and four seven-bedrooms.
Is Palazzo Della Luna the most expensive building on Fisher Island?
On median assessed value, yes — $11,607,978, the highest of any building on the island, above Palazzo Del Sol’s $10,390,565. It also recorded the island’s highest price per square foot, $4,380 in 2024. Del Sol holds the single largest sale, at $40,000,000.
What do homes at Palazzo Della Luna sell for?
One qualified sale so far in 2026, at $26,700,000 and $3,657 per square foot. In 2025 there were three, at a $18,360,000 median. The building’s largest recorded sales are $37,000,000 in June 2024 and $35,179,000 in December 2025.
How big are the residences?
Heated area runs from 3,581 to 9,514 square feet with a median of 4,738 — the largest median of the three Palazzo buildings. Assessed values run from $4,786,953 to $32,274,342.
Has Palazzo Della Luna held its value?
Better than its neighbour. Per-foot pricing moved from $4,380 in 2024 to $3,657 in 2026 — a decline, but from the island’s highest recorded level and to a figure still above anything Palazzo Del Sol has recorded since 2023.
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 Della Luna completed in 2019 — 10 storeys, 50 residences on what was the last waterfront development parcel on Fisher Island. PDS Development (Heinrich von Hanau), Kobi Karp architecture, Champalimaud Design interiors, with ten- to fifteen-foot ceilings and private elevator entry. Penthouse 3 sold for $30 million (about $4,573 per square foot across 6,560 square feet) in March 2022; no resale has been verified since. Note: this building and Palazzo Del Sol form a single condominium under one association.
Verified 3 August 2026. Source: Miami-Dade Property Appraiser folio 02-4210-018-0940 and PROFILEmiami, 19 Jul 2018
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