A rendering of the Madar Group development on Fisher Island.
There’s even potential for a combined lot to create a $100 million estate. David-Emmanuel Cohen, CEO of Madar Group USA, calls it a “once-in-a-lifetime opportunity” to own land on Fisher Island. Accessible only by ferry, the 216-acre (87-hectare) island has been home to high-profile residents like Oprah Winfrey and tennis star Caroline Wozniacki, but it primarily consists of condominiums, with only a few single-family homes on record.
Madar Group’s six lots on Fisher Island range from one-third to half an acre each. With space at a premium on the island, developed properties are “set for substantial appreciation,” according to David-Emmanuel Cohen. One of the homes has already been sold.
These homes are part of a broader development called Links Estates, featuring 12 lots. The concept of a mansion community was first introduced by local developer Heinrich von Hanau, the original owner of all 12 plots.
The Miami area has seen a surge of wealth since the pandemic, sparking a real estate boom. This influx has created challenges for newcomers, including long waiting lists for top private schools, delays in country club memberships, and heavy traffic congestion.
A rendering of the Madar Group development on Fisher Island.
