Published by The Real Deal South Florida, July 6, 2021
Ivanka Trump and Jared Kushner acquired a waterfront South Florida home — a six-bedroom, 8,510-square-foot mansion — for $24 million, The Real Deal has learned. Trump and Kushner, who famously flew down to Miami to ride out their post-White House lives, acquired the home at 36 Indian Creek Island Road, according to sources. The 1.3-acre estate, with manicured landscaping, reflecting pools, a double staircase, a resort-style pool and a large dock, hit the market in October for nearly $25 million.
The sale closed in April and was recorded on the Multiple Listing Service. The deed transferred in April, according to property records, to 36 IC Acquisition LLC, a Delaware entity that is trustee of a similarly named land trust.
Ralph Arias of One Sotheby’s International Realty represented the seller, Alex and Liset Meruelo. Oren Alexander of Douglas Elliman represented the buyer, according to Redfin. Arias did not respond to requests for comment and Alexander declined to comment.
Trump and Kushner were rumored to have been the buyers of 4 Indian Creek Island Road, a waterfront lot that award-winning singer and songwriter Julio Iglesias sold in December for $32.2 million. The couple has also been renting a unit at the Arte Surfside luxury Oceanfront Condo in Surfside, Florida.
Indian Creek, a gated, guarded Island in Miami Beach, Florida, is home to a number of billionaires and celebrities. Homeowners include billionaire Carl Icahn, billionaire hedge funder Eddie Lampert, Hotels.com co-founder Bob Diener, developer Jeffrey Soffer, and others.
Longtime “Sábado Gigante” host Don Francisco recently sold his Indian Creek home to spec developer Todd Michael Glaser and his partners Scott Robins and Jonathan Fryd for $23.8 million.
Luxury Single Family Homes in South Florida are in high demand and their sales have shattered records–not only the number of sales, but record high purchase prices as well. There’s limited inventory of Single Family Waterfront Homes in South Florida.
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