South Florida Dirt: Miami-Dade County vs. Fisher Island’s billionaires

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 limited to ferry, boat or helicopter and owners pay hundreds of thousands of dollars to belong to the private club.  Long story short, TransMontaigne Partners, the previous owner of the nearly 10-acre fuel depot put the property up for sale. Miami-Dade bid on the site, but dropped the ball, and HRP Group acquired […]

This article originally appeared on The Real Deal. Click here to read the full story.