The 18 Richest Neighborhoods in Miami

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Miami’s allure as a playground for the rich and famous is epitomized in its exclusive neighborhoods, where luxury meets extravagance at every turn. From the secluded paradise of Fisher Island to the opulent waterfront estates of Star Island, each neighborhood boasts its own unique charm and allure. These enclaves, home to some of the wealthiest individuals in the world, offer a glimpse into a lifestyle defined by grandeur, sophistication, and unparalleled amenities. Explore the top richest neighborhoods in Miami, where the price of entry is not just financial but a testament to a life of unparalleled luxury.

Star Island

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Star Island, an exclusive enclave nestled in Biscayne Bay, is renowned for its lavish waterfront mansions, offering unparalleled luxury and privacy. The properties here are architectural marvels, boasting expansive grounds, private docks, and breathtaking views. Prices for homes on Star Island typically start at around $10 million and can soar up to $40 million or more for the most extravagant estates.

Fisher Island

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Accessible only by ferry, Fisher Island is a secluded paradise known for its ultra-high-end real estate. The homes here are designed with the utmost sophistication and feature top-of-the-line amenities such as private beaches, yacht docks, and exclusive club memberships. Prices on Fisher Island range from $5 million to well over $50 million, making it a haven for the elite.

Indian Creek Island

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Indian Creek Island is synonymous with exclusivity, boasting its own private 18-hole golf course and some of Miami’s most opulent residences. The homes here are architectural masterpieces, offering unparalleled luxury and privacy. Prices for properties on Indian Creek Island typically start at around $10 million and can exceed $40 million for expansive estates with prime waterfront locations.

Palm Island

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Situated just south of Hibiscus Island, Palm Island is a coveted neighborhood known for its stunning waterfront homes and panoramic views of the Miami skyline. The properties here are meticulously designed, featuring modern amenities, lush landscaping, and direct access to the bay. Prices in Palm Island range from $5 million to over $30 million, catering to affluent buyers seeking a luxurious waterfront lifestyle.

Hibiscus Island

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Hibiscus Island, located in Biscayne Bay, offers an exclusive retreat with upscale waterfront residences and a prime location near Miami Beach. The homes here are elegantly appointed, with spacious layouts, private docks, and luxurious outdoor living spaces. Prices for properties on Hibiscus Island start at around $3 million and can exceed $20 million for expansive estates with breathtaking waterfront views.

Venetian Islands

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Comprising a series of man-made islands, the Venetian Islands offer a unique blend of waterfront living and modern convenience. The properties here range from luxurious waterfront estates to chic modern villas, each designed to maximize the island lifestyle. Prices for homes on the Venetian Islands start at around $3 million and can reach up to $30 million for ultra-luxurious properties with panoramic water views.

Sunset Islands

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Divided into Sunset Islands I, II, and III, this prestigious neighborhood features lavish waterfront estates and a prime location near South Beach. The homes here are meticulously crafted, with grandiose designs, state-of-the-art amenities, and expansive outdoor living areas. Prices in Sunset Islands range from $5 million to over $25 million, catering to discerning buyers seeking the epitome of luxury living in Miami.

Cocoplum

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Nestled in the heart of Coral Gables, Cocoplum is a gated community known for its grand waterfront homes and lush surroundings. The properties here exude elegance and sophistication, with features such as private boat docks, infinity-edge pools, and meticulously landscaped gardens. Prices in Cocoplum typically start at around $3 million and can exceed $20 million for the most exquisite estates.

Gables Estates

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Renowned for its sprawling waterfront mansions and exclusive amenities, Gables Estates is a sought-after neighborhood in Coral Gables. The homes here are palatial in scale, offering expansive living spaces, resort-style amenities, and stunning views of the water. Prices for properties in Gables Estates start at around $5 million and can reach upwards of $30 million for the most prestigious estates in the community.

Key Biscayne

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Located just off the coast of Miami, Key Biscayne is a paradise island known for its pristine beaches and upscale residences. The homes here range from luxurious beachfront estates to modern condominiums, each offering a blend of luxury and tranquility. Prices in Key Biscayne start at around $3 million and can exceed $25 million for expansive properties with direct ocean access and panoramic views.

Bal Harbour

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Bal Harbour is synonymous with luxury shopping and oceanfront living, attracting affluent buyers from around the world. The properties here range from upscale condominiums to luxurious waterfront estates, each offering unparalleled views and access to the beach. Prices in Bal Harbour start at around $1 million and can exceed $30 million for the most prestigious residences in this exclusive enclave.

South of Fifth (SoFi)

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Situated at the southern tip of Miami Beach, SoFi is a trendy neighborhood known for its high-end condos and upscale dining scene. The properties here range from chic urban residences to lavish penthouses with panoramic views of the ocean and city skyline. Prices in SoFi start at around $1 million and can exceed $20 million for the most luxurious properties with prime waterfront locations.

Coconut Grove

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Known for its bohemian charm and lush landscapes, Coconut Grove offers a blend of luxury living and laid-back elegance. The properties here range from historic estates to modern waterfront homes, each showcasing unique architectural styles and upscale amenities. Prices in Coconut Grove start at around $1 million and can exceed $20 million for expansive properties with private docks and tropical gardens.

Mid-Beach

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Mid-Beach is a burgeoning luxury hotspot, known for its upscale condos and beachfront living. The properties here range from sleek modern residences to opulent waterfront villas, each offering a blend of style and sophistication. Prices in Mid-Beach start at around $500,000 and can exceed $20 million for ultra-luxurious properties with resort-style amenities and breathtaking views.

Aventura

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Aventura is a waterfront community known for its upscale shopping and golf courses, attracting buyers seeking convenience and luxury. The properties here range from elegant condominiums to spacious single-family homes, each offering a range of amenities and scenic views. Prices in Aventura start at around $500,000 and can exceed $10 million for exclusive waterfront estates and penthouses.

Golden Beach

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Golden Beach is a private town known for its exclusivity and pristine beaches, offering a serene retreat for affluent residents. The properties here range from luxurious beachfront estates to modern villas, each designed with the highest standards of craftsmanship and luxury. Prices in Golden Beach start at around $2 million and can exceed $30 million for expansive properties with direct beach access and lavish amenities.

Sunny Isles Beach

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Sunny Isles Beach is a coastal paradise known for its luxury condominiums and vibrant atmosphere. The properties here range from sleek high-rise condos to lavish oceanfront residences, each offering panoramic views and upscale amenities. Prices in Sunny Isles Beach start at around $500,000 and can exceed $30 million for ultra-luxurious penthouses and waterfront estates.

Coral Gables

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Coral Gables is a picturesque city known for its Mediterranean-style architecture and upscale living. The properties here range from historic estates to modern mansions, each showcasing timeless elegance and luxury. Prices in Coral Gables start at around $1 million and can exceed $20 million for expansive properties with sprawling grounds, private pools, and premium amenities.

This article is originally appeared on Rarest.org

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