Carl Fisher, considered a genius as a promoter, had conceived the Lincoln Highway, the first road across America, in 1913. Fisher had helped develop the Indianapolis Motor Speedway and Miami Beach and had at one time been worth an estimated $100 million. He lost his fortune in the Stock Market Crash of 1929 and the Great Depression. The losses in his real estate ventures left Fisher virtually penniless. Always a man whose lifeblood seemed to be new dreams and projects, by the mid-1930s, he was living in a small cottage on Miami Beach and received a US$500 per month salary from his former partners to do promotional work.
Shortly before his death, in what turned out to be his last project, Fisher developed the Caribbean Club on Key Largo as a fishing club for men of modest means, "a poor man's retreat." Eight years after his death, the Caribbean Club became famous as a purported "on location" filming site for the 1948 film Key Largo starring Humphrey Bogart and Lauren Bacall. In fact, only that film's initial exterior shots were filmed in the Florida Keys, and the rest was filmed in the Warner Bros. studio.
The Caribbean Club has been owned by the Whitehust family for two generations now. It serves as the local watering hole.
- Fisher, Jane (1947) Fabulous Hoosier R.M. McBride and Co.; New York, New York
- Fisher, Jerry M. (1998) The Pacesetter: The Untold Story of Carl G. Fisher Lost Coast Press; Ft. Bragg, California
- Foster, Mark S. (2000) Castles in the Sand: The Life and Times of Carl Graham Fisher. University press of Florida; Gainesville, Florida
- "The Hoosier Barnum: Carl G. Fisher". Indiana Historical Society. Retrieved 2012-10-12.
- Top 50 Most Influential people in Florida History website
- Lincoln Highway Association official website
- Lost Indiana website
- Newsday: 1926: Carl Fisher Creates Montauk
- Newsday: Mogul of Montauk
- American Experience series: Carl Fisher, "Mr. Miami Beach"
- Fisher Island official website
- Caribbean Club Official Website
- 2004 article in the Chicago Sun Times