Available Deals On Star Island Homes For Sale Are Looking Very Good For Luxury Real Estate Buyers

Located in South Beach in the city of Miami Beach, Star Island is one of the great artificial islands that can be found sitting upon the waters of the Biscayne Bay in South Florida. It is situated south of the Venetian Islands and sits next to Hibiscus Island and Palm Island which are also artificial islands that offer exclusive luxury living within the Biscayne Bay location.

Many have found Star Island homes for sale to be perfect for their everyday needs despite the fact that it has the appearance of being a community neighborhood that can easily be accessible to the public via the MacArthur Causeway.

However, the community ensures that people are given the highest security possible by having a guard house right at the entrance of the island community since the vast majority of residents that live on the island tend to be high-profile individuals who need to be given as much security and privacy as possible.

One of the most recent transactions that were made in the community took place a couple of weeks ago on one of the fabulous Star Island homes for sale which is located at 22 Star Island Drive that belonged to Rosie Hallbaur. The 58,906 square foot lot that had been successfully sold to a corporation that is reportedly linked to Brian Bilzin who also owns a large property that is located on the same island.

The Star Island luxury home was sold for a value of $7,500,000 which makes for an amazing deal considering that it is less than the tax value that has been assessed for the property. Given the circumstances that surround the deal, it is highly likely that there are going to be plans to tear down the sold property in order to make room for an even more luxurious home construction to replace the old one.

If you would like to look into the possibility of being able to find yourself a deal as outstanding as the one mentioned above then you should get in touch with a real estate agent that specializes in Star Island homes for sale so that you can learn more about your available options.

Joan Vonnegut