Coastal sells waterfront Fisher Island home lot for $43M

Coastal Homes, the luxury custom home builder arm of Coastal Construction, sold a waterfront site on Fisher Island for $42.5 million.  Property records show Coastal Homes of South Florida sold the 1.1-acre property at 6901 Valencia Drive to Villa One Fisher, a Wyoming LLC. The true buyer is hidden.  Coastal, led by Tom Murphy Jr., […]This article originally appeared on The Real Deal. Click here to read the full story.