LUXURY HOMES

Mansion at 12 Indian Creek sells for $28 million

 
 
Steel magnate Larry Schecter sold his mansion at 12 Indian Creek Drive for $28 million. The French-style home boasts 200 feet of bayfront on the exclusive Indian Creek Island, a favorite choice among billionaires.
Steel magnate Larry Schecter sold his mansion at 12 Indian Creek Drive for $28 million. The French-style home boasts 200 feet of bayfront on the exclusive Indian Creek Island, a favorite choice among billionaires.
Nelson Gonzalez / Nelson Gonzalez

mbrannigan@MiamiHerald.com

Steel magnate Leroy Schecter sold his 7-bedroom, 10-bathroom home at 12 Indian Creek Drive in Indian Creek Island, a favorite choice among billionaires, for $28 million.

The sale came at a 20 percent discount from the most recent asking price of $35 million, according to listing agent Nelson Gonzalez of EWM Realty International.

Gonzalez said the property had been priced as high as $45 million after a property at 3 Indian Creek, which has a new contemporary-style home, sold for $47 million in 2012, a Miami-Dade County record for a single-family home.

“What is really the value? It’s what someone will pay for it,’’ said Gonzalez.

The French-style home, built in 2000 and spanning 16,474 square feet on an 80,000 square foot lot, has 200 feet of waterfront with a wide view of Biscayne Bay, an infinity pool and cabana, a theater library and billiard room, according to the listing.

The buyer wasn’t identified. “It’s not anybody famous. Just a regular rich guy,’’ said Gonzalez.

The buyer’s agent is Nina Rudolph of Harding Realty in Surfside.

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