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Indian Creek Compound is Miami’s Most Expensive estate

First listed during 2010 for a mind-boggling $60 million and later reduced to a whopping $52 million, the Indian Creek Island property was recently sold to some anonymous Russian buyer for the record sum of $47 million. This price made it automatically the most expensive single-family home sale in Miami-Dade County.

Covering a total of 30,000 square feet, this 10 bedroom and 14 bathroom residence almost seems to be floating on the surface of the water and features an array of gorgeous pavilions, interlinked by gorgeous lush garden walls and stone walkways.

On a rather negative manner, this sale proves the tendency of the prices to rise, a process currently affecting the real-estate market throughout Florida. In addition to these, and proving absolutely the same point, there are few examples like a different Indian Creek Island mansion bought by the hedge fund billionaire Edward S. Lampert for a staggering $38.4 million, a penthouse on top of the Setai South Beach Resort recently sold for $21.5 million and, ultimately, a penthouse in South Beach’s Continuum towers, purchased for $25 million. I think we have literally proven a point here.

The exclusive mansion we’re focusing on is located at 3 Indian Creek DR, Indian Creek, Florida, 33154, USA, adjacent to Miami’s Biscayne Bay. Built on a 300 acre island property, among a total of 32 luxury waterfront estate residences, a Country Club and an extremely famous 18-hole golf course, the residence provides a high level of security and privacy to its residents.

At a more detailed approach, this extremely expensive residence was built across an array of pavilions crafted from limestone, split by water ways with koi ponds. It was mainly a conceptual style, according to the acclaimed architect Rene Gonzalez, a highly chosen architect by the urban art lovers of Miami. As you’ve probably figured from the photos, this Indian Creek Island home resort boasts with indoor reflecting ponds and elegant, limestone walls. The lavish living spaces are enclosed by wooden louvers and glass, which allow an immense quantity of light to flow within this home.

In addition, the owner, his family and, why not, the guests, can lavishly enjoy the treated waters of a 100 feet resort style pool with underwater speaker, six wet bars, a stunning vertical garden, a large, exquisite Jacuzzi, rooftop “sky bar”, cabana and a top notch, state of the art TV lounge area. Furthermore, the residence sports a superb, fully-endowed, glass encased waterfront gym and a full spa pavilion.

[BornRich]

By Richie Rich

Posted 13 Aug 2012 3:18 pm

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