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Jared & Ivanka Vacate Luxury Miami for New $24M Mansion; Unit to Sell for $18.8M

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Jared & Ivanka Vacate Luxury Miami for New $24M Mansion; Unit to Sell for $18.8M

By: Fern Sidman

As was recently reported on the New York Post,  Ivanka Trump and husband Jared Kushner’s 7,000-square-foot unit in Miami’s super luxe Arte building will be put up for sale next year and the offer price for the luxury seven bedroom spread in the Surfside section of Miami is said to be set at $18.8 million, according to a report on the Architectural Digest web site.

In 2021, it was reported that Jared, Ivanka and their three children had decided to call this unit their home while renovations were being conducted on a new home they purchased for $24 million on Indian Creek Island in Miami Beach.

Arte, designed by Italian architect Antonio Citterio in a unique pyramid shape, is an exclusive oceanfront building housing just sixteen units but packed with tons of resort-like amenities, according to the report on the Architectural Digest web site. Residents enjoy a wellness center complete with a sauna, steam room, gym, and dedicated yoga studio; children’s playroom; residents’ lounge with catering kitchen; a tennis court located on the rooftop of an adjacent building; a seventy-five-foot indoor lap pool with travertine decking and onyx accents; an outdoor pool; and even a serene “meditation pond” the length of a lap pool with a floor covered in flat, black river rocks, and a wooden pergola with automatic shutters set on a floating deck, the report added.

The Arte unit boasts ocean views — including from the main bedroom on the upper level — along with a chef’s kitchen on each floor and a private entertainment area on the lower level, as was reported by the Post.

Design details include white oak floors and a floor-to-ceiling glass wall system, the Post added.  There’s also a dramatic private staircase that leads directly to the beach, a pool, a meditation pond and a spa.

The new home that Jared and Ivanka and family are moving into on Indian Creek Island is often referred to as “Billionaire Bunker” as the exclusive island is the home of wildly wealthy celebrities, sports figures, internationally recognized entrepreneurs, and politicians.

In December 2020 it was reported that Jared and Ivanka purchased the undeveloped 1.8-acre waterfront plot of land on the ultra-exclusive private island from Latin crooner Julio Iglesias, according to a report on the Celebrity Net Worth web site. Iglesias put the plot of land together in two transactions. First he had owned a mansion on one plot for decades. He demolished that mansion and then in 2008 paid $15.2 million for the property next door to create the combined nearly 2-acre empty ocean-front lot.

Business Insider reports that Indian Creek is a village of just 42 people on a tiny private island in Miami’s Biscayne Bay.

Among those who call Indian Creek home besides Iglesias are billionaire investor Carl Icahn, the supermodel Adriana Lima, Beyonce & Jay-Z, billionaire hedge fund manager Eddie Lampert, car-dealership tycoon Norman Braman and Miami Dolphins former coach Don Shula. The singer and actor Ricky Martin also lived on the island at one point, but it’s unclear whether he still does, as was reported by Business Insider.

According to Forbes, Icahn paid $7.5 million for his 14,000-square-foot Indian Creek vacation home in 1997. Shula and his wife have lived in a sprawling white house on the island for more than 20 years, as was reported by Business Insider.

Michael Light, the founder of Miami Luxury Homes and senior director of luxury sales at Douglas Elliman, wrote on his website that “Indian Creek is an exclusive 300-acre island located on the beautiful waters of Biscayne Bay and recognized as one of the wealthiest, private, most secure communities in Miami Beach, and the world.”

He added that, “the high level of privacy and security is the highest priority to the residents of Indian Creek and maintained by having its own private police force, as well as its own 24/7 armed marine patrol monitoring the waters surrounding the island.”

According to the Business Insider report, the island is “so exclusive and private that visiting is not allowed with an owner’s written permission and even if you have that permission it’s illegal to get out of your car to go anywhere except the residence to which you were invited.”

Business Insider reported that the village’s 34 homes are built around the perimeter of the island, giving them all waterfront views. The center is occupied by an 18-hole golf course and a country club. The village is also protected by a private 13-person police force and they even patrol the perimeter of the island from the water, according to the report.

The island is accessible only by car via a single bridge that spans the waterway from Surfside.

The report also indicated that homes in Indian Creek are rarely up for sale. When the report was published in December of 2020 one house was on the market. It was described as an eight-bedroom, Mediterranean-style mansion that was going for a cool $24 million.

Indian Creek also has the distinction of being the place where the record was broken for the most expensive single-family home being sold in the Miami area. An estate was sold last February for $50 million.

As to the amenities on “Billionaire’s Bunker” the Indian Creek Golf Course is one of the prime golf courses in Florida, according to the website Top 100 Golf Courses, as was reported by Business Insider.

“This is not one of the most accessible venues for the visiting golfer, so you’ll need to befriend a member to tee it up on the classical William S. Flynn-designed course here at Indian Creek, which dates back to the 1930s,” the website reads.

The island has just one street, Indian Creek Island Road. It’s bordered by lavish homes on one side and the perfectly manicured golf course on the other, as was reported by Business Insider. Most of the village’s homes sit behind gates, partially shrouded from view by palm trees and other lush foliage.

Business Insider reported that the Indian Creek Country Club is a sprawling Mediterranean-style structure that sits on the island’s southwest shore. Writing in the Miami New Times in 2011, Gus Garcia-Roberts said, “The Indian Creek Country Club is Miami-Dade County’s most exclusive, and controversial, private society.”

The clubhouse includes a swimming pool, a fitness center, a massage and steam room, locker rooms, a bridge room, and a marina, according to the Business Insider report. It was built in 1929 by Maurice Fatio, the architect who designed many of the most famous estates in Palm Beach.

 

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