Most Expensive Miami Home Sale Ever: Indian Creek Mansion Goes for $47 Million

Categories: Unreal Estate
A newly built mansion in the posh Indian Creek neighborhood has reportedly sold for $47 million. That would make it the most expensive single-family residential sale in Miami-Dade history. The name of the buyer is unknown, but they're foreign, of course.

Construction on the home began in 2008, near the bottom of the real estate bust. First-time developers Shlomy Alexander and Felix Cohen built the property with the express purpose of selling it, and originally put it in the market for $60 million. The price was slashed to $52 million earlier this year, and has now sold for $47 million.

According to the Wall Street Journal, the deal to sell the ten-bedroom home has been in the works for six months and is being completed in cash.

The home comes with custom furnishing, a wine cellar that can only be accessed by fingerprint, an art vault, and a 3D-projection movie theater among other amenities.

Here are photos of the joint:


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My Voice Nation Help

Property taxes on that mansion: Total Amount $ 161186.59 for 2011

Fernando Buch
Fernando Buch

Hater alert in 3,2,1 ...Fokin Drug dealers comprando todas las casas en Meami..

JennyLee Molina
JennyLee Molina

You're all invited to my house warming party! It's BYOB since I'm now officially broke.

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