The richest ZIP code in the US is turning 100. Here's what the ritzy private island off the coast of Miami used to look like and what it looks like now.
In 1919, Miami based real-estate tycoon Carl Fisher purchased a man-made island off the coast of Miami, with plans to turn it into a seaport.
Today, that same island is a 216-acre members-only island getaway for the elite — and also the richest ZIP code in the US.
Source: Business Insider, Bloomberg
He built up an estate and lived on the island during the winter months until his death in 1944.
Source: Business Insider
Business Insider's Katie Warren previously reported that Vanderbilt built a "Mediterranean-style compound" with "lush landscaping, guest homes, tennis courts, and swimming pools."
Source: Business Insider
The mansion includes a 2,250-square-foot ballroom and a 6,800-square-foot terrace ...
Source: Fisher Island Club, Business Insider
Those condominiums are home to 700 families, but only 30% of them remain on-island year-round.
The median home value on Fisher Island is currently $2.7 million. The average income of the island's residents is $2.2 million, making the ZIP code the richest in the country, according to Bloomberg.
To become a member, in addition to purchasing a multimillion-dollar condo, you must pay a $250,000 initial fee and $22,256 in annual dues.
A private shuttle boat or seven-minute private ferry is necessary to get to the island, which includes private beaches with sand imported from the Bahamas, eight restaurants, a golf course, a spa, 18 tennis courts, and two marinas.
Popular Right Now
Advertisement