Top 11 Richest Neighborhoods in Florida (2024)

The richest neighborhoods in Florida are home to some of the world's most famous celebrities and business moguls. The Sunshine State is becoming well-known for its lavish lifestyles and wealthy neighborhoods that exude sophisticated luxury. There are many neighborhoods in Florida where residents enjoy an incredibly luxurious lifestyle, and below are the top 11 richest neighborhoods in Florida.

Fisher Island in Miami, Florida

Miami itself is home to over 35,000 millionaires and 30 billionaires, and Fisher Island is a gorgeous islet where many of them have homes. Julia Roberts, Oprah Winfrey, Mel Brooks, Andre Agassi, Anne Bancroft, Harold Ford, and many other well-known celebrities and business moguls own homes in the community.

Fisher Island has unbelievable amenities that cost residents a mandatory membership fee of $250,000. With a golf course, beach club, marina, and more, the storied waterfront neighborhoodclosely resembles the local enclave of Sailfish Point in Stuart, Florida.

Fisher Island is listed as the nation's third most expensive zip code, and the average price of a home on Fisher Island is $5.5 million. The remote island is only accessible by private yacht, ferryboat, or helicopter and provides privacy unmatched by other wealthy Florida neighborhoods. Fisher Island is a magical islet that is safe and peaceful, offering an exceptionally luxurious lifestyle.

Golden Beach, Florida

Golden Beach is a popular residential neighborhood for some of the wealthiest people in Florida. The small community has a highly exclusive population of around 900 people. The average household income in Golden Beach is $370,512 at the time of writing.

Golden Beach is tucked between the Intracoastal Waterway and the Atlantic Ocean and is renowned for its soft golden sand and turquoise water. Although the neighborhood only covers 1.8 square miles, the community offers nine parks, a long private beach, and a stunning, historic pavilion. It is also unique in that it’s solely comprised of single-family homes with amazing views of the water.

Gold Beach has stunning beachfront properties. Median home prices in Golden Beach are over $12 million, making it one of the richest neighborhoods in Florida by that metric alone. Many famous people have homes in the area, including Bill Gates, Paul Newman, Eric Clapton, and more. The properties in Golden Beach are luxurious and situated among world-class architecture in a stunning, lush, tropical landscape.

Indian Creek in Miami, Florida

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Indian Creek is an ultra-exclusive neighborhood of luxurious mansions occupied by some of the richest people in the world. The private, gated neighborhood is also called “Billionaire Bunker.” Indian Creek is home to many celebrities, athletes, and CEOs. Amazon billionaire Jeff Bezos paid $68 million to live in the exclusive neighborhood and bought a second property for $78 million to secure his stake in Indian Creek. Other famous Indian Creek homeowners include Tom Brady, David Guetta, Jared Kushner, and Ivanka Trump.

Indian Creek is nestled on Biscayne Bay off the coast of Miami. The neighborhood is small, with only forty elegant and luxurious waterfront mansions. The average sale price of a property in Indian Creek is over $23 million, with real estate regularly priced close to $100 million. In Indian Creek, residents enjoy a country club lifestyle of leisure and luxury.

Star Island in Miami Beach, Florida

Star Island has a fascinating history. Developers initially built it as a resort town in the early 20th century, but it transformed into a prized real estate area after famous architects like Walter De Garmo started building beautiful mansions for the richest people in the nation.

Star Island is now famous for its beautiful architecture and the number of celebrities who have made it home. The neighborhood is easily one of the most glamorous in Florida. It has a special appeal among residents familiar with its history as an enclave for the rich and famous.

The community is tucked away in its own world, offering privacy and seclusion. The only exceptions are the guided tours, which occasionally show tours of celebrities' mansions. Celebrities such as Enrique Iglesias, Gloria Estefan, Shaquille O’Neal, Sean Combs, and many others live on Star Island. The atoll is incredibly safe, with virtually no crime, because it’s guarded and gated and can only be accessed by a single bridge that connects the neighborhood to MacArthur Causeway.

Jupiter Island in Hobe Sound, Florida

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Jupiter Island is a popular area for some of the wealthiest people in the world. The community is known as the safest in Florida and is home to less than a thousand people. Even the smallest homes in Jupiter Island cost millions of dollars, making the Island one of the wealthiest communities in Florida.

Like many other affluent communities, Jupiter has a large share of famous residents, including Nick Saban, Tiger Woods, Michael Jordan, and Celine Dion. Fantastic golf courses surround the community and have attracted many professional golfers and other athletes who have made the island home.

Jupiter Island residents have access to pristine beaches and excellent restaurants. Although the area is one of the wealthiest in the nation, it is part of Hobe Sound, a small niche that still maintains a laid-back and inviting atmosphere. The community is extremely luxurious and expertly maintained so residents can enjoy abundant luxury and nature.

Manalapan, Florida

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Manalapan is a pristine, elegant enclave twenty minutes from downtown Palm Beach, Florida. Most residents are extremely high net worth earners, with the community having an average household income of over $364K.

Property values in Manalapan are also incredibly high. The average home in the neighborhood sells for $20 million. The scenic water views and unique neighborhood topography make Manalapan a highly coveted community among the wealthy.

Residents of Manalapan have the luxury of living in an exclusive and beautiful community while also having everything that Palm Beach offers within a short driving distance. The fantastic shops, restaurants, arts, and entertainment of Palm Beach are a bonus to living in Manalapan. However, the neighborhood also has upscale dining, high-end boutiques, and entertainment.

Palm Beach, Florida

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Palm Beach, Florida, has become a hotspot for the ultra-wealthy, with the median price of single familyrecently reaching an astonishing $14 million. This surge was largely attributed to an influx of billionaires and Wall Street firms, with over 60 billionaires currently calling Palm Beach home.

Palm Beach's lavish lifestyle and favorable tax climate have been drawing high earners from cities like New York and San Francisco. Notable residents include Ken Griffin, Robert Kraft, Stephen Schwarzman, Ron Lauder, Carl Icahn, Margaretta Taylor, and President Donald Trump, who resides at the opulent Mar-a-Lago estate. The barrier island is also the spot of themost expensive home in Floridawhich sits on Tarpon Island.

The islet has a captivating history dating back to its early settlers in 1872; it got its name after a shipwreck in 1878. Palm Beach, Florida, quickly evolved into one of Florida's richest neighborhoodsand a thriving tourist destination. Henry Flagler's Royal Poinciana Hotel and the Florida East Coast Railroad's arrival in 1896 marked significant growth for Palm Beach's economy.

Palm and Hibiscus Island in Miami, Florida.

Palm and Hibiscus Islands have a long history of housing the rich. In the 1930s, celebrities and VIPs chose Hibiscus as the place to build their winter homes. Eventually, the Island became home to an enclave of mansions and large estates.

Today, the neighborhoods are still filled with lavish waterfront estates with opulent details. Hibiscus and Palm Island have become peaceful retreats for some of the richest people in Florida. Mansions on Palm and Hibiscus Island come in a range of incredible architecture, from mid-century modern homes to Mediterranean revival. The homes are an eclectic mix, although every home is highly luxurious.

One of the best features of Palm and Hibiscus Island is that the neighborhoods are a short drive to popular south Florida cities such as downtown Miami. Residents have easy access to world-class shopping, famous restaurants, and a wealth of arts, entertainment, and culture. The islands have numerous private recreational areas, docks, and some of the most beautiful private beaches in Florida. Hibiscus and Palm Island are private, quiet retreats tucked away from the excitement of Miami.

Port Royal in Naples, Florida

In 2023, Port Royal was named the second most expensive neighborhood in the nation. The community, built in the late 1950s, is tucked between Naples Bay and the Gulf of Mexico. Today, it's one of the most famous neighborhoods in Naples, Florida, and the country overall.

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The average home price in Port Royal is nearly $17 million. However, the affluent neighborhood is so desirable that estates in the communitycan cost up to $300 million. The homes are very stately on large, lush lots filled with an array of trees and foliage. Port Royal is an ultra-luxury community offering residents aprivate beach club. Owners can access the exclusive Port Royal Club with world-class facilities and gourmet dining. Port Royal offers a slice of paradise in Southwest Florida.

Gables Estates in Miami, Florida

Residents of Gables Estates have one of the most prestigious addresses in the country. The neighborhood is on the edge of Coral Gables and Biscayne Bay. The enclave was developed in the 1960s and consists of only 164 lavish homes.

Gables Estates has an undeniable elegance and unmatched prestige. The neighborhood is stunning, with numerous deep water, sea-walled waterways running through the community and lush gardens surrounding the streets and homes. Gables Estates is also renowned for its safety. The neighborhood has 24-hour security and a guarded and gated entrance. Private patrols ensure the neighborhood is always a picture of safety and serenity.

The stately mansions in Gables Estates range in style from Art Deco to Spanish-style homes. However, the neighborhood is highly coveted, so securing a home in the exclusive enclave can be difficult. Properties in Gables Estates start in the $10M range.

Culbreath Isles in Tampa, Florida

Culbreath Isles is one of the richest neighborhoods in Florida, and one of a few that are on the state's west coast. The community was developed in the 1960s before evolving into a private enclave of mansions only accessible to the very wealthy. Today, it's an elite enclave featuring beautiful dredged canals and stunning views of the Gulf of Mexico.

Homes in Culbreath Isles start in the $3 million range. Many of the mansions in Culbreath have dramatic great rooms overlooking resort-style pools and the water. Residents also enjoy a gated community with 24-hour security in a peaceful, relaxed, luxurious setting while enjoying the convenience of having everything Tampa offers within easy reach. The neighborhood is known for its fantastic water views, charm, and exclusivity.

Top 11 Richest Neighborhoods in Florida (2024)

FAQs

Where do billionaires live in Florida? ›

Jeff Bezos has the Billionaire Bunker. Ken Griffin dominates Star Island. Dozens of other billionaires and captains of industry flaunt opulent Palm Beach estates. But for those who aren't quite so drenched in wealth, there's always Fort Lauderdale.

What is the wealthiest place in Florida? ›

Which Florida City Has the Highest Level of Wealth? The Naples-Marco Island metropolitan region is the wealthiest city in Florida. The state average household income as of 2022 is $69,303, while the median household income is $80,815 as of 2022.

What is the most luxurious area in Florida? ›

Palm Beach, an affluent island town renowned for its upscale boutiques and majestic estates, stands as Florida's most expensive place to live.

Where is the most prestigious place to live in Florida? ›

Here's thelist of the top 14 best cities to live in Florida, according to U.S. News and World Report:
  • Naples.
  • Sarasota.
  • Pensacola.
  • Tampa.
  • Fort Myers.
  • Melbourne.
  • Jacksonville.
  • Orlando.
May 21, 2024

What is the poorest neighborhood in Florida? ›

According to the data, Florida's poorest city is Homosassa Springs. Located in Citrus County, over 14,000 people live in this community. The median household income is $46,047, compared to the statewide median of $67,917.

Where do rich celebrities live in Florida? ›

Celebrity Homes in Florida: Where the Rich and Famous Live in the Sunshine State
  • Shaquille O'Neal's Mansion, Windermere: ...
  • Tiger Woods' Estate, Jupiter Island: ...
  • Rick Ross' Mansion, Davie: ...
  • Dwyane Wade's Mansion, Miami Beach: ...
  • Dwayne “The Rock” Johnson's Mansion, Fort Lauderdale: ...
  • Celine Dion's Mansion, Jupiter Island:

Where is Billionaire Row in Florida? ›

Billionaires Row in Palm Beach is a stretch of ultra-exclusive waterfront properties located along South Ocean Boulevard.

Why is Naples, Florida so wealthy? ›

Thriving Economy

Naples's robust economy has contributed to its reputation as an affluent region. The city benefits greatly from a diverse industrial base that includes professional services, healthcare, and tourism.

What is the top 1% in Florida? ›

ORLANDO, Fla.

- SmartAsset, an online financial information and advice tool, has released its 2024 findings on the income required to be considered a top 1% earner in each U.S. state. In Florida, the study found that earning over $852,206 annually is necessary to join the ranks of the state's highest earners.

Is Naples or Miami richer? ›

Naples is the Richest City in Florida.

What is considered rich in Florida? ›

Although it can be difficult to define "rich" in Florida, the following criteria are important: Top 20%: To be in the top 20% of earners in Florida, you need a household income of around $141,000 or higher.

What is the most exclusive gated community in Florida? ›

The Sanctuary, Boca Rato

Speaking of yachting, The Sanctuary is one of the most exclusive gated communities in South Florida. Located on a private island off the coast of Boca Raton, the community comprises Mediterranean-style mansions and waterfront homes with access to a 20-slip marina and deep-water dockage.

Where does old money live in Florida? ›

Star Island in Miami Beach, Florida

Star Island is now famous for its beautiful architecture and the number of celebrities who have made it home. The neighborhood is easily one of the most glamorous in Florida. It has a special appeal among residents familiar with its history as an enclave for the rich and famous.

Where does the rich life live in Florida? ›

Where do most of the billionaires in Florida live? Most of Florida's billionaires choose Palm Beach as their home, with Miami coming in at a close second. Tarpon Isle, a private island off Palm Beach, has seen soaring property prices as the wealthy flock to its shores.

What is the richest county in Florida? ›

What county in Florida has the most money? According to a June 2023 study from SmartAsset and the Naples Daily News, Monroe County is the richest of Florida's 67 counties. Here are the top five richest counties in Florida, according to SmartAsset's June report: Monroe County.

Where are the richest houses in Florida? ›

Of the seven Florida neighborhoods that made the list, four are in the Miami metropolitan area, two are in Naples and one is in Palm Beach County. Gables Estates in Coral Gables, a suburb of Miami, took first place on this rankings list, with the average home value hovering close to $17 million.

What is the richest zip code in Florida? ›

The wealthiest zip code in Florida is 33109, located on Fisher Island in Miami-Dade County. This exclusive community has a median household income of $284,000 and an average home value of $2.2 million.

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