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THE WALL STREET JOURNAL – Star Island – a small spit of sand connected to South Beach via a causeway – has always lived up to its name. Past and current residents of its roughly 30 homes include NBA commentator Shaquille O’Neal, hip-hop artist Sean “Diddy” Combs, singer Gloria Estefan and comedian Rosie O’Donnell.

And, after several years of slow sales and price cuts reflecting a lagging luxury market, Star Island is experiencing a boom in real-estate sales as the wealthy flock to Florida for its lower tax rates and, more recently, its balmy weather… READ MORE:

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