{"id":1210,"date":"2012-08-07T22:38:57","date_gmt":"2012-08-07T22:38:57","guid":{"rendered":"http:\/\/juliekrealestateblog.com\/?p=1210"},"modified":"2012-08-07T22:38:57","modified_gmt":"2012-08-07T22:38:57","slug":"indian-creek-compound-fetches-47-million-in-miamis-most-expensive-sale-ever","status":"publish","type":"post","link":"https:\/\/jurus.net\/juliemeggat\/indian-creek-compound-fetches-47-million-in-miamis-most-expensive-sale-ever\/","title":{"rendered":"Indian Creek Compound Fetches $47 Million In Miami’s Most Expensive Sale Ever!"},"content":{"rendered":"

Forbes has learned that 3 Indian Creek Island Road closed today for a record $47 million. It is now the most expensive home sale in the history of\u00a0Miami<\/a>-Dade County, eclipsing hedge fund billionaire Eddie Lampert\u2019s nearby\u00a0$38.4 million Indian Creek Island purchase\u00a0<\/a>earlier this year.<\/p>\n

Several real estate teams were involved the deal, which was all cash. The home was co-listed with power broker team\u00a0The Jills\u00a0<\/a>of\u00a0Coldwell Banker Previews International<\/a>\u00a0and the\u00a0Alexander Group of Douglas Elliman Real Estate<\/a>. The buyer side was represented by the Alexander Group.<\/p>\n

While the buyer\u2019s identity remains anonymous, rumor has it he hails from Russia (the land of \u00a0record-breaking billionaire home buyers) and is likely a member of the Forbes\u00a0World\u2019s Billionaires list<\/a>.\u00a0If that\u2019s true, the new buyer will have some things in common with the new neighbors: Russian businessman Max Finskiy reportedly bought the plot next door earlier this year.<\/p>\n

Indian Creek Island is an exclusive barrier island off the coast of Miami Beach. Unlike nearby celebrity enclaves like Star Island and Fisher Island, entrance to guard gated Indian Creek Island is granted only to home owners and their guests.\u00a0The island touts an 18-hole golf course and 32 homes. Its privacy and security \u2014 the island is reportedly patrolled by 15 full-time policemen \u2014 has made it a popular address for billionaires that include\u00a0Carl Icahn<\/a>,\u00a0Charles Johnson<\/a>,Norman Braman<\/a>\u00a0and Eddie Lampert. Celebrities like singer Julio Iglesias and model\u00a0Adriana Lima<\/a>\u00a0also own homes there.<\/p>\n

3 Indian Creek occupies two acres, including a private beach comprised of imported Bahamian pink sand. The 10-bedroom, 14-bath compound boasts 30,000 square feet of living space constructed to feel like \u201ca contemporary resort,\u201d according to co-listing agent Oren Alexander,\u00a0in a Forbes interview last year<\/a>. Alexander\u2019s father,\u00a0Shlomi Alexander of\u00a0Bal Bay Development<\/a>, is the developer-seller of the property.<\/p>\n

Built of limestone, glass and wood, the estate is comprised of five separate pavilions connected by walkways and water: a main pavilion, a guest pavilion, a spa pavilion, a gym pavilion and a media pavilion.\u00a0 The main pavilion houses a master suite and four additional bedrooms, a dining room, living room, library, wine cellar, and two kitchens. The guest pavilion has two bedroom suites with kitchenettes and a relaxation area with koi pond.\u00a0The spa pavilion touts a massage room, chromotherapy, aromatherapy, and a steam room, and the gym pavilion boasts workout rooms with python skin-framed mirrors and a waterside yoga area. The media pavilion has a\u00a03D projector and a professional-grade \u201cfloating\u201d recording studio.<\/p>\n

Other amenities include a 100-foot infinity-edge pool with underwater speakers, an outdoor dining room with built-in barbecue, a rooftop \u201csky bar\u201d with jacuzzi, a vertical garden, and a \u201cshow room\u201d with wet bar and TV lounge area capable of storing seven limo-sized cars.<\/p>\n

Alexander says his team and The Jills had shown 3 Indian Creek to more than 50 qualified buyers since it first hit the market in late 2010. The original listing price was $60 million, later reducing to $52 million before selling for $47 million today.<\/p>\n

\u201cThis sale sets the new standard for the Miami Beach luxury market,\u201d says Jill Eber of The Jills, in a statement. \u201cThis property is a private resort that is a true work of art. There is the combination of amazing architecture, finishes and location. I wish we had 10 more properties like this one.\u201d<\/p>\n

Eber, whose team also represents the\u00a0$125 million Versace Mansion<\/a>, may get her wish. Having found success with this spec home project, Bal Bay Development already has plans to build two more modern resort-like homes: another on Indian Creek Island and one in Bal Harbour.<\/p>\n

[slideshow]<\/p>\n

Source: FORBES<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Forbes has learned that 3 Indian Creek Island Road closed today for a record $47 million. It is now the most expensive home sale in the history of\u00a0Miami-Dade County, eclipsing hedge fund billionaire Eddie Lampert\u2019s nearby\u00a0$38.4 million Indian Creek Island purchase\u00a0earlier this year. Several real estate teams were involved the deal, which was all cash. […]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[243],"tags":[75],"class_list":["post-1210","post","type-post","status-publish","format-standard","hentry","category-architecture-design","tag-julie-kryukova"],"_links":{"self":[{"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/posts\/1210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/comments?post=1210"}],"version-history":[{"count":0,"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/posts\/1210\/revisions"}],"wp:attachment":[{"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/media?parent=1210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/categories?post=1210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jurus.net\/juliemeggat\/wp-json\/wp\/v2\/tags?post=1210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}