NOT LISTED FOR SALE

12 Indian Creek Island Rd Indian Creek Village, FL 33154

Estimated Value: $4,554,000 - $86,215,580

7 Beds
14 Baths
19,064 Sq Ft
$2,381/Sq Ft Est. Value

Last Sold October 12, 2023

Last sale price $79,000,000 $4,144 Per Sq Ft

Est. 43% decrease in value since last sale

Current estimated payment $314,523/month

140 Days on Market

Highlights

  • Property has ocean access
  • Golf Course Community
  • Home Theater
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property Fronts a Bay or Harbor
  • 4-minute walk to Bay Harbor Tot Lot

About This Home

As of October 2023

Step Inside With Me!

Last Listed By

Dina Goldentayer

Douglas Elliman License #3116846 Listed on: 05/24/2023

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $703,167

Year Built

  • Built in 2000

Lot Details

  • 1.84 Acre Lot
  • 200 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • East Facing Home
  • Property is zoned 0100

Parking

  • 6 Car Garage
  • Paver Block
  • Guest Parking

Property Views

  • Bay
  • Golf Course

Home Design

  • Tile Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 19,064 Sq Ft Home
  • Built-In Features
  • Fireplace
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Den
  • Sun or Florida Room
  • Sauna
  • High Impact Door

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Flooring

  • Wood
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Heated In Ground Pool
  • Property has ocean access
  • Balcony
  • Exterior Lighting

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 21-22-34-002-0110

Community Details

Overview

  • No Home Owners Association
  • Indian Creek Golf Club Is Subdivision

Recreation

  • Golf Course Community

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$703,167

Year Built

Built in 2000

Lot Details

0

Parking

6

Listing Details

  • Property Type: Residential
  • Year Built: 2000
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Multi Level
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Unrestricted Salt Water Access
  • New Construction: No
  • Structure Type: House
  • Subdivision Name: INDIAN CREEK GOLF CLUB IS
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Gas Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Bar, Built-in Features, Cooking Island, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Great Room, Maid/In-Law Quarters, Media Room, Sauna, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 11
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble, Wood
  • Furnished: Unfurnished
  • Living Area: 19064
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bedroom Upstairs, Sitting Area - Primary Bedroom
  • Dining Room Features: Breakfast Area, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Great Room, Maid/In-Law Quarters, Media Room, Sauna, Utility Room/Laundry
  • Master Bathroom Features: 2 Primary Bathrooms, Bidet, Separate Tub & Shower

Exterior Features

  • Roof: Curved/S-Tile Roof
  • View: Bay, Golf Course
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground, Heated
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN CREEK GOLF CLUB IS
  • Covered Parking Spaces: 6
  • Garage Spaces: 6
  • Parking Features: Covered, Guest, Paver Block

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry

Condo/Co-op/Association

  • Association: No
  • Community Features: Gated Community, Golf Course Community, Private Roads, Security Patrol

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 21-22-34-002-0110
  • Lot Size Sq Ft: 80000
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 703167

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2023
Closed on
Oct 12, 2023
Sold by
Indian Creek 1 Llc
Bought by
Cape Trust and Enjamio
Seller's Agent
Dina Goldentayer
Douglas Elliman
Buyer's Agent
Dina Goldentayer
Douglas Elliman
List Price
$85,000,000
Sold Price
$79,000,000
Premium/Discount to List
-$6,000,000
-7.06%
Total Days on Market
140
Views
8246
Current Estimated Value
$45,384,790

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$33,615,210
Avg. Annual Appreciation
-30.23%

Purchase Details

Closed on
Jul 18, 2014
Sold by
Schecter Leroy
Bought by
Indian Creek #1 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$14,000,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 13, 2009
Sold by
Schecter Leroy and Schecter Shoshana
Bought by
Leroy Schecter Revocable Trust

Purchase Details

Closed on
Apr 28, 2006
Sold by
Alarcon Raul
Bought by
Schecter Leroy

Purchase Details

Closed on
May 20, 2005
Sold by
Alarcon Maria
Bought by
Alarcon Raul

Purchase Details

Closed on
Apr 10, 1997
Sold by
Kramer Thomas
Bought by
Alarcon Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,437,500
Interest Rate
7.69%
Mortgage Type
New Conventional

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
Cape Trust $79,000,000 None Listed On Document
Indian Creek #1 Llc $28,000,000 Clear Title Group Llc
Leroy Schecter Revocable Trust -- Attorney
Schecter Leroy $18,650,000 Attorney
Alarcon Raul -- --
Alarcon Raul $3,250,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Alarcon Raul $34,000,000
Previous Owner Indian Creek 1 Llc $1,000,000
Previous Owner Indian Creek #1 Llc $14,000,000
Previous Owner Schecter Leroy $9,000,000
Previous Owner Schecter Leroy $5,350,000
Previous Owner Alarcon Raul $10,332,738
Previous Owner Alarcon Raul $2,500,000
Previous Owner Alarcon Raul $700,000
Previous Owner Alarcon Raul $2,437,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2023 10/12/23 Sold $79,000,000 -7.1% $4,144 / Sq Ft
05/24/2023 05/24/23 For Sale $85,000,000 -- $4,459 / 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
2024 $740,350 $57,855,428 $40,000,000 $17,855,428
2023 $740,350 $33,286,325 $0 $0
2022 $703,167 $30,260,296 $0 $0
2021 $614,426 $27,885,928 $0 $0
2020 $558,449 $25,350,844 $22,000,000 $3,350,844
2019 $580,022 $26,272,545 $22,000,000 $4,272,545
2018 $567,490 $26,324,389 $22,000,000 $4,324,389
2017 $540,948 $24,376,232 $0 $0
2016 $559,740 $24,428,076 $0 $0
2015 $543,959 $22,827,331 $0 $0
2014 $417,024 $16,881,230 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11392365

MIAMI REALTORS® MLS

APN: 21-2234-002-0110