What a steal.
A five-bedroom mansion on ultra-exclusive Indian Creek Island sold for $30 million on Monday, $5 million less than the asking price.
“There’s actually a lot of value in this property,” said Nelson Gonzalez, a senior vice president at EWM Realty International who handled the sale. “A vacant lot of the same size went for $23 million last week. But this lot has more waterfront because of its shape, and it includes a Palm Beach-style estate with beautiful bones.”
Gonzalez said the buyer did not want to be identified to protect his privacy. “He is foreign-born but lives in the D.C. area and wants to spend more time in Florida,” Gonzalez said. “This will eventually become his permanent residence.”
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The two-story house, with an address at 17 Indian Creek Dr., sits on 80,000 square feet and includes an elevator, a ten-seat movie theater, a wine cellar with room for 800 bottles, a four-car garage and a boat dock.
It had originally been listed at $35 million.
The previous owner, mutual fund mogul Charles Johnson, built the house in 2002.
Indian Creek — a private island with its own police force and some of the highest property taxes in Miami-Dade County — has just 86 residents. Many are fabulously wealthy, including activist investor Carl Icahn, fund manager Eddie Lampert and car dealership owner Norman Braman.
Previous sales on the island include a 30,000-square-foot mansion purchased by a Russian billionaire for $47 million in 2012. Last summer, steel tycoon Leroy Schecter sold his 22,686-square-foot for $28 million.