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.

fisher island floridaLifestyle Production Group

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.

Read more: I got access to the richest zip code in the US, an island off Miami where the average income is $2.2 million, the beaches have sand imported from the Bahamas, and the preferred mode of transportation is golf carts. Here's what it looks like.

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.

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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, the country's richest zip code.

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.

Source: Douglas Elliman, Business Insider

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.

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.

Source: Business Insider

The $11.995 million condo boasts a grand entryway.

The $11.995 million condo boasts a grand entryway.

Source: Douglas Elliman

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

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

Source: Douglas Elliman, Steven G.

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

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

Source: Douglas Elliman

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

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

Source: Douglas Elliman

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

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

Source: Douglas Elliman

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

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

Source: Douglas Elliman

The condo has six bedrooms ...

The condo has six bedrooms ...

Source: Douglas Elliman

... and 7.5 bathrooms.

... and 7.5 bathrooms.

Source: Douglas Elliman

Some of the bedrooms have entrances to the terrace.

Some of the bedrooms have entrances to the terrace.

Source: Douglas Elliman

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

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

Source: Douglas Elliman

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

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

Source: Douglas Elliman

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

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

Source: Business Insider

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

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

Source: Business Insider

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