Patrick Dovigi Sells Fisher Island Condo for $20 Million
Hockey player-turned-entrepreneur Patrick Dovigi sold a Fisher Island condo for $20 million in an off-market deal.
Dovigi’s Dovfam Fisher Lanai LP, a Delaware entity, sold unit 6812 at 6800 Fisher Island Drive to RJ Property Holdings, another Delaware LLC, records show. The actual buyer is unknown.
Cyril Matz of Douglas Elliman represented Dovigi, and Anthony Lauria of Compass brought the buyer.
Dovigi was a goalie on the National Hockey League’s Edmonton Oilers team in 1997. A decade later, he founded Green For Life Environmental (GFL), now one of the largest waste management companies in North America. GFL is headquartered in Toronto. In 2018 it merged with the U.S.-based Waste Industries. A deal that elevated Dovigi to becoming one of the wealthiest Canadians.
Dovigi bought the Fisher Island condo in Palazzo Della Luna for $21.3 million in February last year, then a price-per-square-foot record. Completed in 2019, the unit spans 4,300 square feet, four bedrooms, four bathrooms and one half-bathroom.
Matz said Dovigi, who still lives in the building, decided not to sell the poolside cabana that was included in his original purchase. The cabanas are valued at approximately $1.5 million, accounting for the price difference in this latest transaction, according to Matz.
Fisher Island is a tony enclave off of Miami Beach only accessible by boat, ferry or helicopter, and is one of the wealthiest zip codes in America. Inventory in the island’s Palazzo Della Luna and Palazzo Del Sol condo buildings is very limited, Matz said, driving hopeful buyers to off-market bids.
“I have a buyer right now looking for a three bedroom in Luna and I don’t have a unit to sell them,” he said.
This latest off-market sale is among the priciest on the island in recent months. Concrete mogul Luis García bought a Fisher Island condo for $8.8 million with plans to renovate in May. Shark Tank Brazil star João Appolinário sold a unit for $11.2 million in April. Josh and Jenni Coba, who made their fortune founding European Wax Center, sold a unit for $16.2 million in March. The latest project on the island, Related Group’s planned 50-unit Six Fisher, is expected to be among the most expensive condos in all of South Florida. The developers are asking $90 million for the building’s penthouse.
