International Finance Executive Under Contract To Buy 2 Acres On Indian Creek Island For $110M
9 Indian Creek Island Road
$110,000,000
Building Size
—
Asset Type
Land
Closing
Jun 5, 2025
About this deal
AI
A 2-acre waterfront parcel located at 9 Indian Creek Island Road in Indian Creek Village is currently under contract for a price of $110,000,000. This sale is positioned next to properties owned by Jeff Bezos and is noted to be just $10 million below Miami’s highest recorded home sale, reflecting the ongoing demand in South Florida's ultra-luxury market.
Summary of transaction details:
- Property Type: Land
- Transaction Amount: $110,000,000
- Address: 9 Indian Creek Island Road
- Market: Indian Creek Village
- Broker: Ilya Reznik - The Reznik Group
- Parcel Size: 2 acres
An unnamed international finance executive is the buyer in this transaction, which adds to the exclusive list of residents on Indian Creek Island, further underscoring the area's appeal among affluent buyers.
Players
Indian Creek Village Land Market Snapshot
Boundary boundary · Land · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.14%
Cash-on-Cash
-0.04%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93