Real Estate News

Adrienne Arsht’s Miami estate just sold for a record $106.9 million. Take a look inside

Adrienne Arsht, the prominent Miami philanthropist and attorney, on Friday sold her sprawling Coconut Grove estate overlooking Key Biscayne for $106.9 million, a record price in Miami-Dade County for a residential sale.

Arsht called her former primary home Indian Spring. Built in 1999, Indian Spring covers nearly 13,000 square feet and has five bedrooms and five bathrooms. Jose A. Gelabert-Navia, former dean of the University of Miami School of Architecture, designed the two-story mansion. The compound has a tennis court, a pool perched on a bluff and a guest house with two bedrooms, two bathrooms and a gym above a six-car garage.

The estate includes a separate 5,200-square-foot, three-bedroom historic residence, Villa Serena. That house, with three bedrooms and two bathrooms includes a guest house on top of a three-car garage. U.S. Secretary of State and three-time presidential candidate William Jennings Bryan commissioned August Geiger, one of the most prominent American architects, to design and build the two-story home in 1913.

Arsht restored the house and worked with preservationists to help place Villa Serena on the National Register of Historic Places in 2012.

Take a look:

Jose A. Gelabert-Navia, former dean of the University of Miami School of Architecture, designed the Arsht Estate’s two-story mansion called Indian Spring. Above: A photo of the residence and pool.
Jose A. Gelabert-Navia, former dean of the University of Miami School of Architecture, designed the Arsht Estate’s two-story mansion called Indian Spring. Above: A photo of the residence and pool. 1 OAK STUDIOS CORP
Adrienne Arsht called her former primary home Indian Spring.
Adrienne Arsht called her former primary home Indian Spring. Nahuel Padula 1 OAK STUDIOS CORP
The Grand Salon at Indian Spring.
The Grand Salon at Indian Spring. Nahuel Padula 1 OAK STUDIOS CORP
The primary closet at Indian Spring.
The primary closet at Indian Spring. Nahuel Padula 1 OAK STUDIOS CORP
U.S. Secretary of State and three-time presidential candidate William Jennings Bryan commissioned August Geiger, one of the most prominent American architects, to design and build the two-story home in 1913. The villa, pictured above, has original tile from Cuba.
U.S. Secretary of State and three-time presidential candidate William Jennings Bryan commissioned August Geiger, one of the most prominent American architects, to design and build the two-story home in 1913. The villa, pictured above, has original tile from Cuba. Nahuel Padula
Built in 1999, Indian Spring covers nearly 13,000 square feet and has five bedrooms and five bathrooms. Above: One of the five suites with a private balcony overlooking the bay.
Built in 1999, Indian Spring covers nearly 13,000 square feet and has five bedrooms and five bathrooms. Above: One of the five suites with a private balcony overlooking the bay. Nahuel Padula
Arsht’s estate includes a separate 5,200-square-foot, three-bedroom historic residence, Villa Serena, pictured above.
Arsht’s estate includes a separate 5,200-square-foot, three-bedroom historic residence, Villa Serena, pictured above. 1 OAK STUDIOS CORP
Rebecca San Juan
Miami Herald
Rebecca San Juan writes about the real estate industry, covering news about industrial, commercial, office projects, construction contracts and the intersection of real estate and law for industry professionals. She studied at Mount Holyoke College and is proud to be reporting on her hometown. Support my work with a digital subscription
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