The founder of Safeway Insurance is selling his $12 million condo in America's richest zip code, a private island off the coast of Miami. Take a look inside the 6-bedroom villa.

Katie Warren

Jun 5, 2019, 03:04 IST

The founder of Safeway Insurance is selling his $12 million condo in America's richest zip code, a private island off the coast of Miami. Take a look inside the 6-bedroom villa.

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The condo is on Fisher Island, a members-only island for millionaires off the coast of Miami.

The founder of Safeway Insurance is selling his $11.995 million condo on Fisher Island, the country's richest zip code.
Fisher Island is a private island off the coast of Miami where the average income is $2.2 million.
To live on Fisher Island, residents must pay a $250,000 entry fee for equity membership, which allows access to the island's amenities that include a private marina, golf course, spa, and private beaches with sand imported from the Bahamas.
The 6-bedroom condo includes a 2,000-square-foot terrace and a private infinity pool.
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The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $11.995 million condo on Fisher Island, a private island for millionaires in Florida, Business Insider learned from Douglas Elliman.

Fisher Island, a 216-acre island off the coast of Miami, is the country's richest zip code, with an average income of $2.2 million, according to Bloomberg. To be a member of the Fisher Island Club, residents must pay a $250,000 entry fee for equity membership, which allows access to the island's amenities that include a private marina, golf course, spa, and private beaches with sand imported from the Bahamas.

The Parrillos' six-bedroom condo has 6,618 square feet of living space. According to Douglas Elliman, which is selling the property, the ground-floor villa has the feel of a single-family home and is one of only a few exclusive residences that come with a private infinity pool.

Parrillo is the president and chairman of Safeway Insurance, the largest privately held, family-owned insurance company in the US.

Robert Conway of Douglas Elliman holds the listing for Parrillo's Fisher Island home.

Take an exclusive look inside the $11.995 million luxury condo, which hits the market on Wednesday.

The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $11.995 million condo on Fisher Island, the country's richest zip code.

Fisher Island is a 216-acre members-only island off the coast of Miami, where the average income is $2.2 million. Residents must pay a $250,000 initial fee and $22,256 in annual dues — and that's on top of purchasing a multimillion-dollar condo.

The $11.995 million condo boasts a grand entryway.

The interiors of the home are by Steven G., a Miami-based luxury interior designer.

One of the home's living areas includes a fireplace and floor-to-ceiling windows overlooking the water.

There's an expansive chef's kitchen ...

... and a formal dining room that seats at least 10 people.

A room that could be a private library or home office opens up to the home's private terrace.

The condo has six bedrooms ...

... and 7.5 bathrooms.

Some of the bedrooms have entrances to the terrace.

The home's 2,000-square-foot private terrace overlooks the bay and offers views of the Miami skyline.

The condo is one of just a few select residences that have a private infinity pool.

Fisher Island residents have access to luxurious amenities including two private marinas and private beaches with sand imported from the Bahamas ...

... as well as a beach club, eight restaurants, and a spa and wellness center.

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