NOT LISTED FOR SALE

36 Indian Creek Island Rd Indian Creek Village, FL 33154

Estimated Value: $3,443,000

6 Beds
8.5 Baths
8,510 Sq Ft
$405/Sq Ft Est. Value

Last Sold April 13, 2021

Last sale price $24,000,000 $2,820 Per Sq Ft

Current estimated payment $22,623/month

98 Days on Market

Highlights

  • Property has ocean access
  • Private Dock
  • In Ground Pool
  • Ruth K. Broad Bay Harbor K-8 Center Rated A
  • Property Fronts a Bay or Harbor
  • 3-minute walk to Hawthorne Tot Lot

About This Home

As of April 2021

This magnificent, remodeled neoclassical masterpiece is the finest move-in condition home available on Indian Creek Island. Dubbed the "Billionaire Bunker" by Forbes, this private 300-acre island has only 36 home sites, a 24hr police force, and an 18-hole championship golf course/club. The 1.26 acre estate features romantic manicured gardens, reflecting pools, 26ft high domed ceilings, opulent double staircase, open entertaining areas, large family/screening room, wood-paneled office, large gym (could be 7th BR), and a huge master bedroom with 2 full baths. Beautiful resort-style pool & large dock.

Last Listed By

Rafael Arias

One Sotheby's International Re License #0607359 Listed on: 10/22/2020

One Sotheby's International Re

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $247,113

Year Built

  • Built in 1994

Lot Details

  • 1.26 Acre Lot
  • 124 Ft Wide Lot
  • Property Fronts a Bay or Harbor
  • West Facing Home
  • Property is zoned 0100

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Automatic Garage Door Opener
  • Circular Driveway
  • Open Parking

Property Views

  • Bay
  • Golf Course

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 8,510 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Picture Window
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Utility Room in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Sitting Area In Primary Bedroom
  • Main Floor Bedroom
  • Primary Bedroom Upstairs
  • Closet Cabinetry
  • Walk-In Closet
  • Two Primary Bathrooms
  • Maid or Guest Quarters
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Property has ocean access
  • No Fixed Bridges
  • Canal Width is 121 Feet or More
  • Private Dock
  • Balcony
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 21-22-34-002-0360

Community Details

Overview

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

Security

  • Security Service
  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$247,113

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1994
  • Property Sub Type: Single Family Residence
  • Architectural Style: Detached, Two Story
  • Directions: Collins or Harding Ave to Surfside Blvd (91 St), then west to Indian Creek Island entrance gate. Access to the island is restricted to owners, club members, or their registered guests. Island access by appointment only.
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • 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, Dryer, Microwave, Gas Range, Wall Oven, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, French Doors, Pantry, Vaulted Ceiling(s), Walk-In Closet(s), Wet Bar, Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Spa Yn: Yes
  • Full Bathrooms: 8
  • Half Bathrooms: 1
  • Total Bedrooms: 6
  • Door Features: High Impact Doors, French Doors
  • Entry Location: Foyer
  • Flooring: Carpet, Marble, Other
  • Furnished: Unfurnished
  • Living Area: 8510
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Unknown/Withheld
  • Window Features: Blinds, Drapes, High Impact Windows, Picture Window
  • Bedroom Features: At Least 1 Bedroom Ground Level, Sitting Area - Master Bedroom, Master Bedroom Upstairs, Other
  • Dining Room Features: Breakfast Area, Eat-In Kitchen, Formal Dining
  • Living Room Features: Den/Library/Office, Family Room, Great Room, Maid/In-Law Quarters, Utility/Laundry In Garage
  • Master Bathroom Features: 2 Master Bathrooms, Bidet, Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • Roof: Other
  • View: Bay, Golf Course
  • Exterior Features: Lighting, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: West
  • Lot Features: 1 To Less Than 2 Acre Lot
  • Patio And Porch Features: Open Balcony
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Canal Width 121 Feet Or More, No Fixed Bridges
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: INDIAN CREEK GOLF CLUB IS
  • Carport Spaces: 2
  • Covered Parking Spaces: 4
  • Garage Spaces: 2
  • Open Parking: Yes
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Sewer: Septic Tank
  • Water Source: Municipal Water
  • Cooling: Ceiling Fan(s), Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: In Garage
  • Security: Fire Alarm, Smoke Detector

Condo/Co-op/Association

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

Association/Amenities

  • MIAMIRE_TypeofAssociation: None

Lot Info

  • Parcel Number: 21-22-34-002-0360
  • Lot Size Sq Ft: 54844
  • Zoning: 0100
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 247113

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Apr 8, 2021
Sold by
Meruelo Alex and Meruelo Liset
Bought by
36 Ic Acquisition Llc
Seller's Agent
Rafael Arias
One Sotheby's International Re
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$24,900,000
Sold Price
$24,000,000
Premium/Discount to List
-$900,000
-3.61%
Total Days on Market
98
Current Estimated Value
$3,443,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$20,557,000
Avg. Annual Appreciation
-38.23%
Original Mortgage
$15,000,000
Outstanding Balance
$11,762,912
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
-$8,319,912

Purchase Details

Closed on
May 29, 2008
Sold by
City National Bank Of Florida
Bought by
Meruelo Alex and Meruelo Liset

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,500,000
Interest Rate
5.5%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 4, 2007
Sold by
36 Indian Creek Llc
Bought by
City National Bank Of Florida

Purchase Details

Closed on
May 18, 2006
Sold by
Storch Scott
Bought by
36 Indian Creek Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
6.57%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 15, 2004
Sold by
Dinnerstein Gillian
Bought by
Storch Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
5.67%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 12, 1996
Sold by
John Larsky Tr
Bought by
Dinnerstein Elliot and Dinnerstein Gillian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
7.29%
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
36 Ic Acquisition Llc -- Attorney
Meruelo Alex $7,050,000 Attorney
City National Bank Of Florida $6,500,000 None Available
36 Indian Creek Llc $8,100,000 Attorney
Storch Scott $6,500,000 --
Dinnerstein Elliot $2,725,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 36 Ic Acquisition Llc $15,000,000
Previous Owner Meruelo Alex $12,460,000
Previous Owner Meruelo Alex $5,500,000
Previous Owner 36 Indian Creek Llc $1,000,000
Previous Owner 36 Indian Creek Llc $6,885,000
Previous Owner Storch Scott $1,638,250
Previous Owner Storch Scott $4,500,000
Previous Owner Dinnerstein Elliot $1,000,000
Closed Storch Scott $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2021 04/13/21 Sold $24,000,000 -3.6% $2,820 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/22/2020 10/22/20 For Sale $24,900,000 -- $2,926 / 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 $386,527 $18,101,829 -- --
2023 $386,527 $17,574,592 $0 $0
2022 $382,373 $17,062,711 $14,807,880 $2,254,831
2021 $254,735 $11,590,834 $9,871,920 $1,718,914
2020 $261,879 $12,848,012 $11,105,910 $1,742,102
2019 $247,113 $12,871,199 $11,105,910 $1,765,289
2018 $228,411 $12,877,296 $11,105,910 $1,771,386
2017 $210,363 $8,586,580 $0 $0
2016 $205,491 $7,805,982 $0 $0
2015 $196,287 $7,096,348 $0 $0
2014 -- $6,451,226 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rafael Arias

    One Sotheby's International Re

    (786) 543-7873

    10 Total Sales

    Rafael Arias
    Section Image
  • Oren Alexander

    Buyer's Agent in 2021

    Oren Alexander

    MMLS Assoc.-Inactive Member

    (954) 774-3699

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A10946755

MIAMI REALTORS® MLS

APN: 21-2234-002-0360

Florida Miami/Dade County Indian Creek Village 33154

36 Indian Creek Island Rd, Indian Creek Village, FL

Homes for Sale in Indian Creek Village, FL

This home is located at 36 Indian Creek Island Rd, Indian Creek Village, FL 33154 since 22 October 2020 and is currently estimated at $3,443,000, approximately $404 per square foot. This property was built in 1994. 36 Indian Creek Island Rd is a home located in Miami-Dade County with nearby schools including Ruth K. Broad Bay Harbor K-8 Center, Nautilus Middle School, and Miami Beach Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.