arts
South Florida Dirt: Miami -Dade County vs. Fisher Island’s billionaires
By Katherine Kallergis at The Real Deal
· June 7, 2026
· 1 min read
Miami-Dade County abandoned a proposed $400 million deal to purchase an aging fuel depot on Fisher Island. Instead, the county will pursue acquiring the property via eminent domain. The move ramps up the battle between the county and one of South Florida’s wealthiest communities, where access is lim
Key takeaway Long story short, TransMontaigne Partners, the previous owner of the nearly 10-acre fuel depot put the property up for sale.
Why this matters in The Miami
The decision to pursue eminent domain to acquire the fuel depot on Fisher Island sets the stage for a contentious showdown between Miami-Dade County and the island's affluent residents. Fisher Island, with its limited access and exclusive private club, is a microcosm of the county's broader struggles with wealth disparity and accessibility. As the county seeks to expand its presence on the island, it will likely face resistance from the community's billionaire residents, who have a vested interest in maintaining the island's exclusivity. The outcome of this battle will have significant implications for the future of development in Miami-Dade County, particularly in areas like Miami Beach and other coastal neighborhoods where sea-level rise and flooding are major concerns. The county's willingness to use eminent domain also raises questions about its approach to acquiring properties in other areas, such as Little Havana and Wynwood, where gentrification and displacement are already pressing issues.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit The Real Deal . Have a tip or correction? Contact our newsroom .
Category: arts ·
Published: June 7, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
newsletter" aria-label="Newsletter signup" style="margin:24px 0;padding:20px 24px;background:linear-gradient(135deg,#1e3a5f 0%,#2d5a8c 100%);border-radius:10px;color:#fff">
Get more The Miami stories like this
Free weekly briefing covering arts and other local news. Curated by our editorial team. No spam.
By subscribing you agree to our privacy policy . Unsubscribe anytime.
Frequently asked about this story
What is this story about? Miami-Dade County abandoned a proposed $400 million deal to purchase an aging fuel depot on Fisher Island. Instead, the county will pursue acquiring the property via eminent domain. The move ramps up the battle between the county and one of South Florida’s wealthiest communities, where access is lim
When was this published? This article was first published on June 7, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Katherine Kallergis at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
← Back to all news
More arts →
Today’s briefing
Subscribe to newsletter