Named for automotive parts pioneer and Miami Beach developer Carl G. Fisher, who once owned it, Fisher Island is 3 miles off shore of Miami, Florida. No road or causeway connects to the island, which is accessible by private ferry and helicopter. Once a one-family island home of the Vanderbilts, and later several other millionaires, it was sold for development in 1960s. The property sat vacant for well over 15 years before development was begun for very limited and restrictive multi-family use.
Today, Fisher Island is occupied again, but remains a very exclusive and wealthy community. According to the U.S. Census Bureau, Fisher Island had the highest per capita income of any place in the United States in 2000.
After Vanderbilt's death in 1944, ownership of the island passed to U.S. Steel heir Edward Moore. Moore died in the early 1950s, and Gar Wood, the millionaire inventor of hydraulic construction equipment, bought it. Wood, a speedboat enthusiast, kept the island a one-family retreat. In 1963, Wood sold to a development group that included local Key Biscayne millionaire Bebe Rebozo, Miami native and United States Senate George Smathers, and then former U.S. Vice President Richard Nixon, who had promised to leave politics. (Interestingly enough, during his subsequent Presidency from 1968-1973, and during the Watergate scandal, Nixon maintained a home on nearby Key Biscayne known as the "Key Biscayne Whitehouse" that was the former residence of Senator Smathers and next door to Rebozo, but none of the three ever resided on Fisher Island.)
The Rosenstiel School of Marine and Atmospheric Science (RSMAS) of the University of Miami maintained the Comparative Sedimentology Laboratory on Fisher Island from 1972 to 1990 under the leadership of Dr. Robert Ginsburg.
After years of legal battles and changes in ownership, further development on the island was finally started in the 1980s, with architecture matching the original 1920s Spanish style mansions. Although no longer a one-family island, in 2005, Fisher Island still remains somewhat inaccessible to the public and uninvited guests and exclusive by modern standards as it was in the days of the Vanderbilts, providing similar refuge and retreat for its residents. The island contains mansions, a hotel, several apartment buildings, an observatory, and a country club. Boris Becker and Mel Brooks are among the celebrities with homes on the island.
In 2005, the island attempted to incorporate as a town, but the Miami-Dade County Commission did not support this initiative. Miami-Dade County Commissioner Natasha Seijas, known for her biting sense of humor, commented on some Fisher Island residents' request to become a city by saying that even though islanders would use Miami-Dade's police and fire rescue services it would not be an easy transition: "What are we going to do, have them scuba dive over there every day?" she asked.
There is a mystique about the island, primarily due to its inaccessibility. Through the internet, people can explore the island.
According to the United States Census Bureau, the CDP has a total area of 0.343 square miles (0.888 km²), all of it land. The entire island, which includes an uninhabited small part of the city of Miami Beach, is slightly larger at 0.938 km² (0.362 sq mi).
There were 218 households out of which 19.3% had children under the age of 18 living with them, 61.5% were married couples living together, 5.5% had a female householder with no husband present, and 31.2% were non-families. 26.6% of all households were made up of individuals and 7.3% had someone living alone who was 65 years of age or older. The average household size was 2.14 and the average family size was 2.51.
In the CDP the population was spread out with 15.6% under the age of 18, 3.2% from 18 to 24, 20.3% from 25 to 44, 45.6% from 45 to 64, and 15.2% who were 65 years of age or older. The median age was 51 years. For every 100 females there were 101.3 males. For every 100 females age 18 and over, there were 99.0 males.
The median income for a household in the CDP was in excess of $200,000, as is the median income for a family. Males had a median income of over $100,000 versus $85,789 for females. The per capita income for the CDP was $236,238. None of the population or families are below the poverty line.
As of 2000, English was the first language for 84.61% of all residents, while Spanish was the mother tongue for 15.38% of the population.
The Island has a private school, Fisher Island Day School
which covers Pre-Kindergarten through 5th grade for both on-island and off-island residents. Approximately 30% of the students come from off-island, predominantly the nearby neighborhoods of Star Island
, Hibiscus Island, Palm Island, Venetian Islands
, Sunset Islands, southern Miami Beach, and Coconut Grove