Ivanka Trump and her husband, Jared Kushner, have splurged on yet another Miami-area property, the Real Deal reported. The sale on the ultra-exclusive Indian Creek Island closed in April for $24 million and the home is now owned by an entity reportedly connected to Kushner.
The guard-gated island, with only about 40 homes, is located in Miami’s Biscayne Bay.
Late last year, the couple sprang for a pricey vacant 2-acre lot—just down the street from this most recent purchase—for a whopping $32.2 million. That coveted plot of land was once owned by the singer Julio Iglesias.
The couple had future plans to build, but had been renting nearby in Arte—an oceanfront high-rise tower in Surfside, FL. That luxe building is located less than a mile from the Champlain Towers South, part of which collapsed last month.
Perhaps the couple wanted to leave their condo for the privacy and security of a mansion—which is a solid option with this turnkey purchase. When it was on the market, it was billed as the “finest move-in condition home available on Indian Creek Island.”
The “remodeled neoclassical masterpiece” features six bedrooms, 8.5 bathrooms, and 8,510 square feet of interior space.
The floor plan includes 26-feet-high domed ceilings, an opulent double staircase, open entertaining areas, a large family and screening room, a wood-paneled office, large gym, and a huge master bedroom with two full bathrooms.
Set on 1.26 acres, the estate features manicured gardens, reflecting pools, a resort-style pool, and a large dock.
A standout for its security and amenities, the private, gated development comes with its own 24-hour police force, golf course, and country club.
Dubbed “Billionaire Bunker” by Forbes, the 300-acre island has boasted high-profile residents including the billionaire investor Carl Icahn and the supermodel Adriana Lima. Tom Brady and Gisele Bündchen recently purchased a $17 million property there that they reportedly plan to tear down and rebuild.
The TV host Don Francisco recently sold his estate on the island to the developer Todd Glaser for $23.75 million. It has quickly returned to the market with a hefty markup, as a “pre-construction opportunity” for $55 million. And it’s currently the only listing available on the island.
The Florida land grab isn’t unique for the former first family. Donald Trump Jr. and his partner, Kimberly Guilfoyle, recently purchased homes in Jupiter, FL, as did Eric and Lara Trump.
Ivanka Trump and Kushner had previously rented a tony mansion in the upscale area of Kalorama in Washington, DC. They also previously lived in a Park Avenue apartment on Manhattan’s Upper East Side, and they own a home in Bedminster, NJ, on the property of the the Trump National Golf Club.
Ralph Arias with ONE Sotheby’s International Realty represented the seller. Oren Alexander with Douglas Elliman repped the buyers.