Back On The Market-18 Indian Creek Drive Drops $5.5M

April 18, 2010

This elegant, Regency style estate located in South Florida’s exclusive Indian Creek Island returns to the market this spring for $19.5M. Offered for sale in 2008 for $25M, the property was designed by Alexander Luis and built in 1956. The residence sits on 2 acres with 200′ of water frontage overlooking Biscayne Bay. Its southern exposure provides dramatic views of the Downtown Miami skyline. With more than 7,000SF of interior living space, the spacious floor plan includes: 6 bed, 6 bath, formal living and dining areas, library, wet bar, elevator, 3-car garage and more.

Most Recent Sales on Indian Creek Island:
40 Indian Creek Drive-sold for $9.3M in 3/10
22 Indian Creek Drive-sold for $9M in 12/09
34 Indian Creek Drive-sold for $6M in 9/09 (this house was a tear down)

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