NOT LISTED FOR SALE

4 Indian Creek Island Rd Indian Creek Village, FL 33154

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

1.8 Acres
$12,077,973 Price per Acre
78,408 Sq Ft Lot

Last Sold December 17, 2020

Last sale price $32,179,413

Est. 32% decrease in value since last sale

Current estimated payment $139,280/month

291 Days on Market

Highlights

  • Property has ocean access
  • Home fronts navigable water
  • Gated Community
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Bay View
  • 3-minute walk to Bay Harbor Tot Lot

About This Lot

As of December 2020

Located on prestigious, private, & guard-gated Indian Creek Village this amazing parcel of land, Lot 4 offers stunning bay views & measures approx. 80,000 SF w/ 200FT of WF & breathtaking sunset views. This sprawling lot provides a rare opportunity to build your waterfront dream estate. Additionally, Indian Creek lots 5 & 6, plus lot 7 are also available for sale & can also be purchased together or separately. Combined, the 4 lots, which all face West would measure an astounding 320,000 SF, & offer 800 feet of WF w/a dock. The possibilities of what can be done with these lots are endless. Known as Miami’s “Billionaire Bunker, the island is one of the most exclusive & private neighborhoods in the world with its private Country Club & Golf Course, police force, & 24/7 armed boat patrol.

Last Agent to Sell the Property

Jill Eber

Coldwell Banker Realty License #0333469 Listed on: 01/31/2020

Coldwell Banker Realty

Co-Listed By

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Last Buyer's Agent

Jill Hertzberg

Coldwell Banker Realty License #0551544

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $472,764

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 200x400
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Dirt Road
  • West Facing Home
  • Partially Wooded Lot
  • Landscaped with Trees
  • Property is zoned 0100

Additional Features

  • Bay Views
  • City Lot
  • Underground Utilities

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,Indian Creek Island Subdivision

Security

  • Gated Community

Recreation

  • Property has ocean access

Property Details

Property Type

Land

Est. Annual Taxes

$472,764

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Co List Office Mls Id: CBRE68
  • Co List Office Phone: 305-672-6300
  • Road Frontage Type: Bay
  • Horses: No
  • Inclusions: Other
  • Lot Size Acres: 1.8
  • Lot Size: 200x400
  • New Construction: No
  • Road Frontage Type: City/County Maintained
  • Road Surface Type: Paved
  • Structure Type: Residential
  • Subdivision Name: INDIAN CREEK GOLF CLUB IS,INDIAN CREEK ISLAND
  • Special Features: VirtualTour

Interior Features

  • Possible Use: Unknown/Withheld

Exterior Features

  • View: Bay View
  • Direction Faces: West
  • Disclosures: Disclosure
  • Lot Features: City Location, Golf Course Location, Dirt, 1 To Less Than 2 Acre Lot, Other
  • Other Structures: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Navigable Water, 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, Sewer Connected, Underground Utilities, Water Connected, Electricity Available

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community

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: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 472764

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 31, 2020
Closed on
Dec 17, 2020
Sold by
Cabana Love Llc
Bought by
Top Line Ventures Limited
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$31,800,000
Sold Price
$32,179,413
Premium/Discount to List
$379,413
1.19%
Current Estimated Value
$21,740,352

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$10,439,061
Avg. Annual Appreciation
-7.85%

Purchase Details

Listed on
Jan 31, 2020
Closed on
Nov 25, 2020
Sold by
Somerville Ii Corporation
Bought by
Cabana Love Llc
Seller's Agent
Jill Eber
Coldwell Banker Realty
Buyer's Agent
Jill Hertzberg
Coldwell Banker Realty
List Price
$31,800,000
Sold Price
$32,179,413
Premium/Discount to List
$379,413
1.19%

Purchase Details

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

Purchase Details

Closed on
Jun 9, 2014
Sold by
4 Indian Creek Llc
Bought by
Alvak Holdings Llc

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
12/17/2020 12/17/20 Sold $32,179,413 +1.2% --
11/17/2020 11/17/20 Pending -- -- --
01/31/2020 01/31/20 For Sale $31,800,000 -- --
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: A10810205

MIAMI REALTORS® MLS

APN: 21-2234-002-0030