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.

June 4, 2019

The founder ofSafeway Insurance is selling his $11.995 million condo on Fisher Island, the country’s richest zip code.
Fisher Island is a private island off the coast of Miami where the average income is $2.2 million.
To live onFisher Island, residents must pay a $250,000 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.
The 6-bedroom condo includes a 2,000-square-foot terrace and a private infinity pool.
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The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $11.995 million condo onFisher 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 $2.2 million, according to Bloomberg. To be a member of the Fisher Island Club,residents must pay a $250,000 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 $2.2 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 thepresident and chairman of Safeway Insurance, thelargest 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 $11.995 million luxury condo, which hits the market on Wednesday.

The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $11.995 million condo on Fisher Island, the country’s richest zip code.

Source:Douglas Elliman,Business Insider

Fisher Island is a 216-acre members-only island off the coast of Miami, where the average income is $2.2 million. Residents must pay a $250,000 initial fee and $22,256 in annual dues — and that’s on top of purchasing a multimillion-dollar condo.

Source:Business Insider

The $11.995 million condo boasts a grand entryway.

Source:Douglas Elliman

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

Source:Douglas Elliman, Steven G.

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

Source:Douglas Elliman

There’s an expansive chef’s kitchen …

Source:Douglas Elliman

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

Source:Douglas Elliman

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

Source:Douglas Elliman

The condo has six bedrooms …

Source:Douglas Elliman

… and 7.5 bathrooms.

Source:Douglas Elliman

Some of the bedrooms have entrances to the terrace.

Source:Douglas Elliman

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

Source:Douglas Elliman

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

Source:Douglas Elliman

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

Source:Business Insider

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

Source:Business Insider

DON'T MISS:Miami's 'Billionaire Bunker' is a high-security island that has a 13-person police force for its 42 residents. A real-estate agent got me past the guardhouse — here's what the exclusive community looks like.

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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.

The founder of Safeway Insurance, William Parrillo, and his wife Carol are selling their $11.995 million condo on Fisher Island, the country’s richest zip code.

Fisher Island is a 216-acre members-only island off the coast of Miami, where the average income is $2.2 million. Residents must pay a $250,000 initial fee and $22,256 in annual dues — and that’s on top of purchasing a multimillion-dollar condo.

The $11.995 million condo boasts a grand entryway.

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

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

There’s an expansive chef’s kitchen …

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

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

The condo has six bedrooms …

… and 7.5 bathrooms.

Some of the bedrooms have entrances to the terrace.

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

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

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

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

SEE ALSO:I got access to the richest zip code in the US, an island off Miami where the average income is $2.2 million, the beaches have sand imported from the Bahamas, and the preferred mode of transportation is golf carts. Here's what it looks like.

DON'T MISS:Miami's 'Billionaire Bunker' is a high-security island that has a 13-person police force for its 42 residents. A real-estate agent got me past the guardhouse — here's what the exclusive community looks like.