NOT LISTED FOR SALE

4 Indian Creek Dr Indian Creek, FL 33154

Estimated Value: $4,480,000 - $55,832,056

1.84 Acres
$11,815,409 Price per Acre
80,150 Sq Ft Lot

Last Sold June 11, 2014

Last sale price $21,600,000 $270 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $139,280/month

386 Days on Market

Highlights

  • Property has ocean access
  • On Golf Course
  • Bay View
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property fronts an intracoastal waterway
  • 3-minute walk to Bay Harbor Tot Lot

About This Lot

As of June 2014

Nearly two-acre (80,000 sq Ft) waterfront parcel of land nestled on the exclusive island of Indian Creek; home to only 34 waterfront estates. 200 feet of open bay frontage. Direct western exposure with stunning views.

Last Agent to Sell the Property

Pablo Alfaro

Compass Florida, LLC License #0630752 Listed on: 02/18/2013

Compass Florida, LLC

Co-Listed By

Dennis Mangone

Compass Florida, LLC License #3220437

Last Buyer's Agent

NON-MLS MEMBER

MAR NON MLS MEMBER License #SEF

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $132,891

Lot Details

  • 1.84 Acre Lot
  • Lot Dimensions are 200x400
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • On Golf Course
  • West Facing Home
  • Partially Wooded Lot
  • Property is zoned 1 /S FM

Interior Spaces

  • 80,000 Sq Ft Home
  • Bay Views

Location

  • Flood Zone Lot
  • City Lot

Utilities

  • Underground Utilities
  • Phone Available

Listing and Financial Details

  • Assessor Parcel Number 21-22-34-002-0030

Community Details

Overview

  • No Home Owners Association
  • Indian Creek Golf Club Is Condos
  • Indian Creek Golf Club Is Subdivision
  • The community has rules related to building or community restrictions

Recreation

  • Golf Course Community
  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$132,891

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 1.84
  • Lot Size: 200x400
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road, Private Road
  • Road Surface Type: Paved Road, Dirt
  • Structure Type: Residential
  • Subdivision Name: INDIAN CREEK GOLF CLUB IS
  • Special Features: None

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: West
  • Lot Features: City Location, Lot Located In A Flood Zone, Golf Course Location, Near School, 1 To Less Than 2 Acre Lot, On Golf Course, Other
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN CREEK GOLF CLUB IS

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Electricity Connected, Other Utilities Available, Sewer Connected, Underground Utilities, Water Connected, Other, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Golf Course Community, Subdivision Restrictions

Lot Info

  • Parcel Number: 21-22-34-002-0030
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Undeveloped
  • Lot Size Sq Ft: 80000
  • Zoning: 1 /S FM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 132891

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 17, 2020
Sold by
Cabana Love Llc
Bought by
Top Line Ventures Limited
Current Estimated Value
$21,740,352

Purchase Details

Closed on
Nov 25, 2020
Sold by
Somerville Ii Corporation
Bought by
Cabana Love Llc

Purchase Details

Closed on
Dec 3, 2014
Sold by
Alvak Holdings Llc
Bought by
Somerville Ii Corporation

Purchase Details

Listed on
Feb 18, 2013
Closed on
Jun 9, 2014
Sold by
4 Indian Creek Llc
Bought by
Alvak Holdings Llc
Seller's Agent
Pablo Alfaro
Compass Florida, LLC
Buyer's Agent
NON-MLS MEMBER
MAR NON MLS MEMBER
List Price
$25,000,000
Sold Price
$21,600,000
Premium/Discount to List
-$3,400,000
-13.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.13%

Purchase Details

Closed on
Jul 27, 2011
Sold by
L & L Indian Creek Prop Llc
Bought by
4 Indian Creek Llc

Purchase Details

Closed on
Jul 21, 2005
Sold by
Indian Creek Lot 4 Llc
Bought by
L & L Indian Creek Properties Llc

Purchase Details

Closed on
Mar 11, 2004
Sold by
Indcreek Properties Inc
Bought by
Indian Creek Lot 4 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
5.68%
Mortgage Type
Unknown

Purchase Details

Closed on
Dec 31, 2003
Sold by
Globe Investments Ltd
Bought by
Indcreek Properties Inc
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Top Line Ventures Limited $32,179,500 Attorney
Cabana Love Llc -- Attorney
Somerville Ii Corporation $21,600,000 Attorney
Alvak Holdings Llc $216,000 Attorney
4 Indian Creek Llc $15,000,000 --
L & L Indian Creek Properties Llc $11,400,000 --
Indian Creek Lot 4 Llc $7,666,700 --
Indcreek Properties Inc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Somerville Ii Corp $10,000,000
Previous Owner Indian Creek Lot 4 Llc $4,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/11/2014 06/11/14 Sold $21,600,000 -13.6% $270 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/18/2013 02/18/13 For Sale $25,000,000 -- $313 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $763,019 $36,309,680 -- --
2024 $670,535 $33,008,800 -- --
2023 $670,535 $30,008,000 $0 $0
2022 $636,226 $27,280,000 $0 $0
2021 $545,037 $24,800,000 $24,800,000 $0
2020 $484,634 $22,000,000 $22,000,000 $0
2019 $482,412 $22,000,000 $22,000,000 $0
2018 $445,187 $22,000,000 $22,000,000 $0
2017 $443,832 $20,000,000 $0 $0
2016 $458,276 $20,000,000 $0 $0
2015 $438,459 $18,400,000 $0 $0
2014 $292,792 $12,000,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A1749775

MIAMI REALTORS® MLS

APN: 21-2234-002-0030