A penthouse on Miami’s Fisher Island—one of the country’s wealthiest zip codes—is on the market for $38.5 million, making it the island’s most expensive listing, according to listing agent Pablo Alfaro of Douglas Elliman.

The residence is the largest of three penthouses at the ultra-luxe condominium Palazzo del Sol, the first new construction on Fisher Island since 2007. The building was finished earlier this year.

The penthouse first sold to an unidentified buyer for $35 million in February of 2015, setting a price record for the island. It returned to the market for $3.5 million more on Aug. 2. It is unclear why the owner is selling.  More at source: www.mansionglobal.com