Miami Real Estate In 2012: Market Brings THE $40M Record Breaking Sale On Indian Creek Island

March 6, 2012

Conceived in the late 1990′s by the extraordinary Belgian designer, Axel Vervoordt and architect, Joe Brennan, 14 Indian Creek Drive represents the austere Palladian grace of another time while maintaining a modern decadence aptly befitting a $40,000,000 property in sunny south Florida. Completed in 2002, this estate occupies 2.71 acres on Biscayne Bay and offers 17,000SF of living space. Currently hedge fund manager Edward Lampert has it under contract; the transaction will be the highest residential sale for Miami Dade County to date.

AVAILABLE: INDIAN CREEK ISLAND

  • 3 Indian Creek Drive: Built in 2010, this slick, contemporary home recently had a significant price reduction from $60,000,000 —> $52,000,000.
  • 2 Indian Creek Drive: At the moment, this 80,000SF lot is the only vacant land available on Indian Creek Island, asking $16,900,000, this property offers the largest residential boat dock in Miami Dade County. *

SOLD 2011-12: INDIAN CREEK ISLAND

  • 4 Indian Creek Drive: This 80,000SF parcel of vacant land closed for $15,000,000 in July 2011. *
  • 18 Indian Creek Drive: This 4Bed/4Bath home closed for $14,500,000 or $1,922psf in July 2011.

*My exclusive listing

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