Miami mansion quietly sells for $50 million, setting a new county record
In the posh South Florida village of Indian Creek, a modern mansion has traded hands in an off-market deal for a whopping $50 million.
It’s the most ever paid for a single-family home in Miami-Dade County, breaking its own record set in 2012 when it sold newly built for $47 million.
The sale doesn’t quite take the cake for the county’s overall price record, though. That belongs to billionaire Ken Griffin, who paid $60 million for a double-unit penthouse package in Faena House in Miami Beach four years ago.
Built to resemble a private resort, the Indian Creek mansion spans 23,000 square feet, with an additional 7,000 square feet of terraces. It holds 10 bedrooms, 14 bathrooms, a theater, recording studio, vertical garden and glass-enclosed waterfront gym.
A rooftop sky bar with a spa sits atop the home.
Stone walkways navigate the nearly 2-acre grounds, which include gardens, pavilions, a 100-foot swimming pool and spa, a cabana and six wet bars. The beach, which overlooks Biscayne Bay, is filled with pink sand imported from the Bahamas.
Tal and Oren Alexander of the Alexander Team at Douglas Elliman held the listing. Ralph Arias of ONE Sotheby’s International Realty represented the buyer.
Shlomy Alexander, the listing agents’ father, developed the estate, which was completed in 2011.