The Residences at Six Fisher Island

The Residences at Six Fisher Island rise ten floors and hold just fifty units at 6 Fisher Island Drive, on an island reached only by ferry or private tender. Related Group leads the development with BH Group, Globe Invest and Wanxiang America RE Group as named capital partners. Kobi Karp Architects designed the building; Tara Bernerd & Partners handled interiors.

Construction is underway, backed by a $400 million loan from Madison Realty Capital — a recorded, drawn senior facility rather than a projected one. A completion date has not been published; ask sales for the current construction schedule and any TCO estimate before you sign.

At 65% of fifty units sold, the building has cleared more than half its inventory at listed prices of $15 million to $90 million while still under construction — a meaningful sell-through rate for a project at this stage, and one the market has effectively priced itself.

Units range from 3,872 to 15,570 square feet, priced from $15 million to $90 million. No price-per-square-foot figure is published, so positioning against other Fisher Island product cannot be checked directly — but the size range alone puts this at the large end of new-construction condo stock in Miami-Dade.

Each residence has a private elevator with direct entry and terraces built 15 feet deep, sized to extend living space outward rather than as an afterthought. Select residences include private pools and outdoor kitchens. Every unit comes with three dedicated parking spaces — two for cars, one for a provided golf cart — plus bicycle storage; a private dock with houseboat is also part of the offer.

Finish specifics beyond materials named by the developer (soaring ceilings, expansive terraces) are not itemized further in the record. Ask for the finish schedule and confirm what is included versus buyer-optioned before comparing price per square foot to anything else on the island.

The amenity set leans into fitness and wellness: a Biscayne Bay-facing fitness center with Pilates reformers and a yoga studio, a padel court, a multisport simulator room, and access to the Fisher Island Racquet Club's 18 illuminated courts across all four Grand Slam surfaces plus pickleball. Golf is on-site via The Links at Fisher Island, a 9-hole course with its own clubhouse and pro shop. Two pools — Bayfront and Sunset — each carry a spa, cabanas and poolside service, backed by the Sanctuary Spa and the Fisher Island Club's Salone di Belleza.

Dining runs from a resident-exclusive bayfront restaurant under a named chef to a private dining room, Chef's Table, wine room, a speakeasy cocktail bar and a Sunrise Lounge Café. Service is built around three staffed lobbies, 24-hour butler service, house-tender transport on and off the island, house-car connections beyond the tender dock, and guest suites for visitors. UHealth's concierge medical service is available for an additional fee.

The neighborhood is the island itself: 650 linear feet of shoreline and nearly 6.5 acres of landscaped grounds, with the Fisher Island Club beach club and Sunset Bar as the social center. One Fisher Island Residences, a proposed 12-floor tower to the north, is cited with a 'partial' view impact — it has not been confirmed as permitted, so treat it as a watch item rather than a settled fact.

Related Group, founded in 1979 and headquartered in Miami, is one of the market's longest-running condo sponsors. On this project it is partnered with BH Group, Globe Invest and Wanxiang America RE Group — all named capital partners standing behind a drawn $400 million senior loan from Madison Realty Capital, which is itself a signal of institutional underwriting confidence at this stage of construction.

No open litigation names this project. Related's broader Miami-Dade delivery count isn't published in this record, which is a research gap rather than evidence against the sponsor.

The deposit schedule front-loads 40% before closing: 20% at contract signing, 10% at 90 days, 10% at top-off, with the 25% balance due at closing. That's a heavier pre-closing commitment than a bare-minimum structure, and worth budgeting for.

The escrow treatment for deposit funds above Florida's statutory 10% is not published — ask for this in writing before you sign. HOA or common-charge figures and rental/short-term-rental policy are also not published. None of these gaps are disqualifying on their own, but at this price band they should be resolved on paper, not verbally, before contract.

This building scores well across the board — 7.6 overall — for reasons that are specific rather than aspirational. Delivery (8) reflects an under-construction project with a recorded institutional loan and no litigation naming this building. Developer (8) reflects an established sponsor with confirmed, named capital partners, held just off the top of the band by an unrelated matter at a different Related-affiliated project. Liquidity (8) and market momentum (8) both rest on the same hard data point: 65% of fifty units sold against a drawn $400 million loan, in a location where the pool of comparable resale product is inherently thin. Location (7) reflects Fisher Island's access-restricted status, kept at baseline rather than pushed higher because a proposed neighboring tower's permitting status isn't confirmed. Value (7) and buyer protection (7) both carry real flags — no published $/sf comparable, and no published escrow percentage above statute — that don't lower the score by rubric but do need answers before you commit capital.

This suits a long-hold, end-user or patient-investor profile comfortable with a small, exclusive resale pool and island-access logistics, not a buyer looking for quick turnover or immediate clarity on carrying costs.