Indian Creek Residences & Yacht Club Sells Second Penthouse for $11.25 Million
Just a few months after making headlines with the sale of its largest and most expensive penthouse, Indian Creek Residences & Yacht Club has once again captured the spotlight. This prestigious Miami property recently sold its second and final penthouse for an impressive $11.25 million. With this sale, the allure of this exclusive Miami community continues to grow, particularly among affluent buyers from New York.
Designed by the renowned Miami-based architect Kobi Karp, and boasting interiors by the acclaimed Zarifi Design, the building reflects a blend of modern aesthetics and luxurious comfort. The eight-story waterfront building features only nine luxury condominiums and includes six yacht slips, making it a unique offering in Miami’s competitive luxury real estate market.
Located across from the ultra-exclusive “Billionaire’s Bunker” and Indian Creek Country Club, the boutique condo offers more than just a home—it promises a lifestyle. The sold penthouse encompasses a full floor, spanning 5,164 square feet. It features 75 feet of unobstructed waterfront views, a private terrace, and not just one, but two state-of-the-art kitchens. Additional luxuries include a wine wall, a dedicated home office, and access to an impressive suite of amenities.
The Indian Creek Residences & Yacht Club doesn’t just stop at beautiful homes. It offers a resort-style amenities package that rivals the world’s finest hotels. This includes a yacht club complete with dockmaster concierge services, a world-class spa, a state-of-the-art fitness center, and an outdoor yoga lawn. For social gatherings, there is a flexible entertainment lounge equipped with a high-fidelity sound system and a bar. The landscaped rooftop terrace features a pool, dining area, outdoor kitchen, and a screening pavilion, providing everything residents might need for entertainment or relaxation.
Adding to its allure, the building offers a full-time doorman, a resident concierge, and 18 private parking spaces, ensuring that every need of the residents is catered to with the utmost attention to detail and privacy.
With its strategic location, stunning design, and comprehensive amenities, Indian Creek Residences & Yacht Club sets a new benchmark in luxury living. Developed by Landau Properties and with sales managed by OFFICIAL Partners, this project has not only transformed the skyline of Bay Harbor Islands but also redefined what luxury living should entail. As construction progresses, it continues to draw attention and admiration from luxury real estate aficionados worldwide.
Indian Creek Residences & Yacht Club Miami Breaks Ground
Miami’s Bay Harbor Islands are about to witness a transformation like never before, courtesy of Landau Properties. Breaking ground on the highly anticipated Indian Creek Residences & Yacht Club, this new residential development is set to redefine luxury living on the south shore of Miami. With Landau Properties at the helm, alongside a team of visionary designers and industry experts, Indian Creek Residences & Yacht Club promises to be a game-changer in Miami’s real estate landscape.
The excitement surrounding this development reached new heights with the recent record-breaking sale of its penthouse, fetching an undisclosed price that shattered previous records. This achievement only adds to the anticipation surrounding the project, further solidifying its status as one of the most desirable addresses in Miami.
At the heart of this ambitious project are the founding executives of Landau Properties: Jonathan Landau, DC Lowinger, and Yaeli Lowinger. Joined by esteemed figures such as Linda Zarifi of Zarifi Design, Kobi Karp of Kobi Karp Architecture and Interior Design, this collaboration of talent ensures that Indian Creek Residences & Yacht Club will set a new standard for luxury living in Miami.
Jonathan Landau, Founder and CEO of Landau Properties, expressed his excitement about this milestone, emphasizing the project’s innovative design and unparalleled waterfront location. With its seamless integration of luxurious amenities and cutting-edge architecture, Indian Creek Residences & Yacht Club promises to captivate the market and redefine waterfront living in Miami.
Designed by renowned architect Kobi Karp, the building’s distinctive curves pay homage to Bay Harbor Islands’ rich history of mid-century modern design, setting it apart from Miami’s conventional skyline. Boasting nine luxury condominiums and six private yacht slips, the development offers a rare opportunity to experience the epitome of waterfront living, complete with unobstructed views of Indian Creek Island and Country Club.
Beyond its breathtaking residences, Indian Creek Residences & Yacht Club offers a wealth of resort-style amenities designed to enhance residents’ quality of life. From a world-class spa and state-of-the-art fitness center to an outdoor yoga lawn and landscaped rooftop terrace with a pool, residents will enjoy a lifestyle of unparalleled luxury and relaxation.
With prices starting at $5.6 million for a half-floor home, Indian Creek Residences & Yacht Club represents a rare opportunity to own a piece of Miami’s most coveted waterfront real estate. As construction gets underway, anticipation is mounting for what promises to be a new era of luxury living in Miami’s Bay Harbor Islands.
Introducing the $12 Million Penthouse at Indian Creek Residences & Yacht Club
In the heart of Miami’s Bay Harbor Islands, an ultra-luxury boutique development known as Indian Creek Residences & Yacht Club is making waves in the real estate world. And at the center of this remarkable development, Penthouse 1 has shattered records before it was even publicly listed, setting new benchmarks for luxury living in the area.
Penthouse 1 at Indian Creek Residences & Yacht Club boasts a jaw-dropping asking price of $12 million, making it an unparalleled gem in the world of luxury real estate. What truly sets this penthouse apart is not just its price tag but the sheer extravagance it offers in return. This penthouse has redefined luxury living, not only for Bay Harbor Islands but for Miami as a whole.
The penthouse’s sale has rewritten the record books in terms of both total sale price and price per square foot for Bay Harbor Islands. To put it in perspective, the previous record for a condo sale on these islands was $3.325 million, a record that stood since 2014. Penthouse 1’s astonishing sale price illustrates the area’s evolution into a premier destination for luxury real estate.
One of the penthouse’s most captivating features is its breathtaking view of the exclusive Indian Creek Island, often referred to as the “Billionaire’s Bunker.” This island enclave is home to some of the world’s wealthiest individuals, including the likes of Jeff Bezos, Tom Brady, and Ivanka Trump. Penthouse 1 not only provides a front-row seat to this world of opulence but also immerses you in it.
Spanning an expansive 5,293 square feet, Penthouse 1 offers a full-floor living experience like no other. With 75 feet of unobstructed waterfront views, a private terrace, and a wine wall feature, this penthouse epitomizes the pinnacle of luxury living. Residents also enjoy access to a remarkable array of amenities, including one of the area’s exclusive private yacht clubs, a rooftop pool, spa, fitness center, outdoor screening lounge, and much more.
The sale of Penthouse 1 comes less than three months after Indian Creek Residences & Yacht Club initiated sales, underscoring the robust demand for luxury new developments in Bay Harbor Islands. The area has seen remarkable growth, with the average closed price increasing by 117% since 2019 and the average closed price-per-square-foot rising by 85%. Bay Harbor Islands are rapidly becoming a sought-after luxury destination in Miami, offering a sense of community and neighborhood charm.
Behind this masterpiece of a development is Landau Properties, a New York City and Miami-based developer led by Jonathan Landau. Indian Creek Residences & Yacht Club comprises nine luxurious condominium homes and six coveted yacht slips, making it one of the few places to experience a private yacht club in the area.
Architect Kobi Karp, a prominent figure in Miami’s architectural scene, has designed the eight-story waterfront development. With interiors by Linda Zarifi of Zarifi Design, this project represents Zarifi’s first ground-up condo venture in Miami. The building’s design takes inspiration from Bay Harbor’s mid-century modern architecture, featuring curved edges, natural materials, and sculptural details that seamlessly blend with the lush tropical landscaping by Enea Garden Design, creating a resort-like atmosphere.
Apart from its elegant homes, Indian Creek Residences & Yacht Club offers an array of resort-style amenities. The owners’ yacht club and private marina, complete with dockmaster concierge services, outdoor lounges, and a bar, provide the ultimate yachting experience. Residents can also indulge in a world-class spa, a state-of-the-art fitness center, an outdoor yoga lawn, and various entertainment spaces, including The Parlour and a 2,600-square-foot landscaped rooftop terrace with a pool, private dining area, outdoor kitchen, and bar.
Jeff Bezos Takes on the Magic City: Inside the Billionaire’s Move to Miami
Jeff Bezos, the trailblazing founder of Amazon and a pivotal figure in the e-commerce revolution, has announced a significant personal transition, opting to relocate to Miami, a city with deep familial ties. This move marks a return to his roots, as Bezos is an alumnus of Miami Palmetto High (’82) and has expressed a desire to be closer to his parents, who have recently moved back to the area.
Bezos’s decision also aligns with strategic shifts in his professional endeavors, particularly the increasing focus of his aerospace company, Blue Origin, on operations in Cape Canaveral. His investment in Miami real estate is substantial, with recent acquisitions on Indian Creek Island totaling over $140 million, signaling a long-term commitment to the region.
This relocation is not just a personal homecoming but also a strategic positioning within a burgeoning hub of tech and finance. Miami has recently welcomed a wave of tech industry leaders and financial magnates, including Paypal’s Peter Thiel and Citadel’s Ken Griffin, enhancing its reputation as a nexus for innovation and wealth.
For Bezos, whose net worth is estimated at $161 billion, making him the nation’s second-wealthiest individual, this move is a blend of personal nostalgia and forward-looking business strategy. His journey from a Cuban immigrant family to the pinnacle of global business underscores a remarkable American narrative of ambition and achievement.
As Bezos transitions to his new Miami base, he brings with him not only his business acumen but also a history of transformative ideas, from his early musings on space colonies to his tangible steps toward space travel with Blue Origin. His move is a testament to Miami’s allure and its rising status as a haven for the world’s elite in technology and finance.
For hedge fund managers and investors, Bezos’s relocation is a signal of Miami’s increasing importance as a financial and cultural hotspot, worthy of attention for both personal and professional considerations.
Jeff Bezos Buys Waterfront Mansion on Indian Creek Island for $68 Million
Third-richest man in the world and billionaire Jeff Bezos reportedly paid $68 million for a waterfront mansion on Miami’s Indian Creek Island. An organization that bought the demolished home at 11 Indian Creek Island Road was controlled by the founder of Amazon.
Bezos and his fiancée Lauren Sánchez, a former news reporter, and pilot, were searching for a new or restored property in the Miami region. He probably began looking for a home when in Miami in May for the Formula One Grand Prix. Given that he has looked at residences on La Gorce Island, Star Island, and North Bay Road in Miami Beach, he might potentially be prepared to buy additional properties.
The home was originally built in 1965 with some additional renovations completed in 1985. The home features 9,300 square feet of living space with 3 bedrooms and 3 bathrooms on 2.8 acres. According to tax records, the sellers are listed as hotelier Tulia Soucy de Gonzalez Gorrondona.
Other notables on Indian Creek Island include hedge fund manager Eddie Lampert, businessman Carl Icahn, Tom Brady, Ivanka Trump, Jared Kushner, musician Julio Iglesias, and auto dealer magnate Norman Braman.
David Guetta is also under contract to purchase the beachfront spec home at 37 Indian Creek Island Drive, which has a $69 million asking price.
David Guetta Buys Indian Creek Waterfront Mansion for $69 Million
David Guetta, a well-known DJ and producer, is under contract to purchase a beachfront spec mansion in Indian Creek that was recently listed for $69 million.
Guetta, who owns a condo at the Setai Miami Beach, reportedly sold his record collection to Warner Music for roughly $100 million two years ago. At the time, he had sold 50 million records and had more than 14 billion streams of music.
The celebrated French DJ is buying the almost 16,000 square foot, 12-bedroom estate at 37 Indian Creek Island Drive. The 1.2-acre property has 118 feet of water frontage. The property is being sold to Guetta by developer Todd Michael Glaser and his associates.
The Indian Creek property was sold to Glaser, Jim Randall, Scott Robins, and Jonathan Fryd two years ago for $23.8 million by longtime “Sábado Gigante” host Don Francisco. They started work on the spec mansion after demolishing the old residence.
Ivanka Trump and Jared Kushner’s property, which they acquired for $24 million in 2021, is right next door to the residence.
Indian Creek, a gated community, is located north of Miami Beach. Additionally, multibillionaire hedge fund manager Eddie Lampert, musician Julio Iglesias, Hotels.com co-founder Bob Diener, and auto industry titan Norman Braman own homes at this exclusive neighborhood.
In an off-market transaction that established a record for Indian Creek in June, hotelier Tulia Soucy de Gonzalez Gorrondona sold her beachfront mansion at 11 Indian Creek Island Road for $68 million. For his neighboring mansion at 26 Indian Creek Island Road, seven-time Super Bowl champion Tom Brady obtained a $35 million construction loan in that month.
Tom Brady Secures Construction Loan for New Residence at Indian Creek
Seven-time Super Bowl champion Tom Brady obtained a $35 million construction loan for his residence in Indian Creek.
In late 2020, Brady and his then-wife, supermodel Gisele Bündchen, bought the parcel at 26 Indian Creek Island Road. Brady retired from the NFL for the second and final time this year. They paid $17 million for the almost 2-acre beachfront property through an LLC run by officials of Fontainebleau Development. Developer Jeff Soffer, owner of Fontainebleau Development, and Brady are close friends.
In order to start development on the land, Fontainebleau Development submitted two notices of commencement in 2021. According to the documents, Brady intends to build a two-story residence with a security building, gym, cabana, pool, sport court, emergency generator, and more.
Brady obtained the loan from JPMorgan Chase using a covert LLC. According to the mortgage records, the initial lender was San Francisco-based First Republic Bank. First Republic was taken up by the Federal Deposit Insurance Corp. in May and sold to JPMorgan Chase. It was the second-largest bank failure in American history.
Brady’s loan has a starting 8.25 percent yearly interest rate while it is being built. When it expires in June 2025, the borrower will probably refinance.
In South Florida, Brady and Bündchen intend to co-parent their children after announcing their divorce last year. They lived close in a four-bedroom, 4,300 square foot lakefront property at 29 Indian Creek Island Road before getting divorced. Brady then signed a lease for an opulent condo at the Surfside Fendi Château Residences project.
We’re not too far from Bündchen. Records reveal that in October, she paid $11.5 million via a trust for a seaside demolition at 1400 Biscaya Drive in Surfside. Brady is building a mansion on Indian Creek across the lake from the 6,600-square-foot home, which was completed in 1981 on a 0.4-acre property.
Billionaires Ivanka Trump and Jared Kushner, who spent $24 million two years ago to purchase a waterfront property on the island, billionaire Carl Icahn, billionaire hedge funder Eddie Lampert, Taubco CEO Irwin Tauber, billionaire Hotels.com co-founder Bob Diener, and billionaire IndiGo airline co-founder Rakesh Gangwal also reside in the small, gated community of Indian Creek.
Sales Launch for Twenty Nine Indian Creek in the Faena District Miami Beach
JMH Development has officially launched sales for Twenty-Nine Indian Creek Condos, a boutique collection of only 11 private residences will rise at the nexus of Indian Creek Drive and Collins Avenue in the heart of the thriving Faena District in Miami Beach.
Twenty-Nine Indian Creek will reflect timeless sophistication and serve as an emblem for historic preservation, with architecture, interiors, and landscaping designed by renowned firm Urban Robot. The seven-story modern structure will house eight three-bedroom residences and one sprawling full-floor penthouse with an expansive wraparound terrace and panoramic views.
The development site is home to a 1930s Art Deco structure that has been hidden from public view for nearly 60 years. JMH Development will restore and relocate the structure to harmoniously integrate the past and present, resulting in two sprawling townhomes that will pay homage to the inherent design qualities of its former era.
Each elegantly appointed residence, ranging in size from 1,750 to 4,800 square feet, is designed to maximize space and seamlessly connect to the outdoors, with sweeping floor-to-ceiling windows and doors allowing in an abundance of natural light. Spacious terraces with iconic, undulated railings showcase exquisite craftsmanship that continues indoors – with meticulous attention to detail.
Gourmet chefs’ kitchens feature bone white lacquered custom cabinetry, Miele appliances with wine storage, and marble countertops and islands. Freestanding soaking tubs, dual vanities, honed flooring, and premium Hansgrohe fixtures are among the indulgent features found in spa-inspired bathrooms. Townhomes have double-height great rooms that are 18 feet tall, as well as private terraces with landscaped gardens and a summer kitchen.
Residents will enjoy a palm-tree shaded pool deck with daybed lounge chairs and tanning areas, a summer kitchen with barbeque and dining area, an outdoor shower, and direct access to a dedicated beach club. The Art Deco-inspired geometrical design of the building is complemented by lush landscaping with terraced walls and cascading greenery, water features, and a natural color palette, creating an immediate sense of serenity.
Twenty-Nine Indian Creek will be located in the city’s most vibrant neighborhood, allowing residents to easily explore world-class dining, hospitality, and cultural institutions such as the Faena Hotel and Faena Forum, The Miami Beach Edition, the upcoming Aman Miami Beach, and Bvlgari Hotel.
Prices range from $2.5 million to $10 million, with construction set to begin in Spring 2023 and completion expected in Q1 2025.
If you or someone you know have an interest in purchasing at Twenty-Nine Indian Creek, please contact Lucas Lechuga via email at lucas@miamicondoinvestments.com or by phone at 786-247-6332.
Elite Supermodel Adriana Lima Sells Waterfront Indian Creek Mansion for $40 Million
Former Victoria Secret supermodel, Adriana Lima sold her oceanfront Indian Creek Island mansion for $40 million.
Lima purchased the estate located at 22 Indian Creek Road in 2009 for $9 million and then remodeled the home completely in 2020. The home was originally built in 1958 and features 6,465 square feet of living space.
The old listing photos show the all brick ranch situated on 1.84 acres bayfront. The photos also show a traditional floor plan with wood-paneled walls and the original kitchen. The expansive patio overlooks a large dock and gorgeous ocean views.
The 6,465 square-foot mansion was built in 1958 and might be demolished. According to public records, Lima had the home’s interior remodeled in 2020. Although it was remodeled by Lima, the new buyers may demolish the property.
According to public documents, the trust associated with Lima, a Brazilian model, and former Victoria’s Secret Angel, paid $9 million for the four-bedroom, four-bathroom mansion in 2009.
According to the data, both the buyer and the vendor attempted to conceal their identities. Gordon Weiss, the proprietor of the CPA company Weiss & Weiss, manages the sale. Melep International Ltd, a British Virgin Islands company, is named as the buyer. The buyer’s genuine identity is unclear.
Indian Creek Island is a barrier island located in Biscayne Bay and has always attracted the super-wealthy dubbing its name “Billionaire Bunker.” On 294 acres of Island, 41 estates are nestled on the exclusive island surrounding a golf course and country club.
The island is heavily guarded, employing its own professional police force with an armed patrol boat, jeep, and jet-ski, operating 24 hours a day. Record-breaking home sales are commonplace on Indian Creek Island, where extravagance and utmost privilege are the standards.
Rockstar Energy Drink Founder Purchased Two Waterfront Properties for $35 Million
Photo Credit: BHHS EWM Realty
Founder of Rockstar Energy Drink, Russel Weiner recently purchased 2 waterfront properties in Miami Beach. Located on Pine Tree Drive, the properties were purchased for a combined $35.1 million.
The homes sold include 5011 and 5111 Pine Tree Drive. According to property records, the homes sold for $17 million and $18.1 million. The two properties were sold to a Las Vegas entity that is managed by Russel Weiner’s trust.
Weiner has made significant headway in the South Florida real estate market. In October 2020, Weiner purchased and flipped to homes in North Palm Beach for $48 million from the Swedish model, Elin Nordegren. He also purchased a mansion in 2016 for $20 million. He still owns this home.
According to Forbes, Weiner sold Rockstar Energy to Pepsi for $3.9 billion in 2020. It is estimated that Weiner is worth $4.1 billion.
The sellers, David and Leila Centner, are also the owners of the Centner Academy that is located in the Mami Design District. Earlier this year, the Centner’s received approval from the Miami Beach Design Review Board for an addition on 5011 Pine Tree Drive.
This specific property was built in 1920 by one of the city’s founding families and was designed by architect Russell Pancoast. The approval itself was for a two-story home, relocating the current residence, and relocating the boathouse.
The properties total 3.5 acres each with 150+ water frontage on Indian Creek. The property located at 5111 Pine Tree Drive features 9 bedrooms and 8 bathrooms, with over 20,000 square feet of living space. This property features ‘old world’ charm with hand-crafted hardwood floors, vaulted ceilings, and a Mediterranean design throughout.
The second property located at 5011 Pine Tree Drive is just one property over from 5111. The estate features a 3-story main house, guest house, and 560 square feet of water frontage. This property features a large dock for mega-yachts and multiple vessels. This property previously sold in 2018 for $14.5 million.