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.

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

The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $US11.995 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 $US2.2 million, according to Bloomberg. To be a member of the Fisher Island Club, residents must paya $US250,000 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 $US2.2 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 $US11.995 million luxury condo, which hits the market on Wednesday.


The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $US11.995 million condo on Fisher Island, the country’s richest zip code.

Lifestyle Production Group

Source: Douglas Elliman, Business Insider


Fisher Island is a 216-acre members-only island off the coast of Miami, where the average income is $US2.2 million. Residents must pay a $US250,000 initial fee and $US22,256 in annual dues — and that’s on top of purchasing a multimillion-dollar condo.

Lifestyle Production Group

Source: Business Insider


The $US11.995 million condo boasts a grand entryway.

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Douglas Elliman, Steven G.


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

Lifestyle Production Group

Source: Douglas Elliman


There’s an expansive chef’s kitchen …

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Douglas Elliman


The condo has six bedrooms …

Lifestyle Production Group

Source: Douglas Elliman


… and 7.5 bathrooms.

Lifestyle Production Group

Source: Douglas Elliman


Some of the bedrooms have entrances to the terrace.

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Douglas Elliman


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

Lifestyle Production Group

Source: Business Insider


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

Katie Warren/Business Insider

Source: Business Insider

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