In Miami, there are a lot of high-end enclaves and plenty of luxury properties. The rich and/or famous that reside or own property in the Miami area tend to congregate in the part of South Beach that is known as South of Fifth, Fisher Island, Star Island, and of course, the ultra chic Indian Creek Island. That last area happens to be extremely exclusive. Some actually claim that the 300-acre island is the most exclusive community in America. It would certainly explain why it is a billionaire favorite. Residents can rest assured that they will have the security and privacy they desire because it has its own police force and an armed boat that patrols the waters around the island.
It is definitely true that Indian Creek Island real estate constitutes some of the most expensive property in the U.S. The mansions there are worth tens of millions of dollars. In fact, one of the most recent transactions involved the sale of a steel magnate’s mansion, with a final sales price of $28 million. That final price was actually quite a bit lower than the initial asking price of $35 million. Another mansion on the island sold in 2012 for $47 million, which happened to be a record for Miami-Dade County. In addition to extensive square footage and custom designs, the properties on this luxury island boast ample waterfront views, boat docks, private theaters, libraries, cabanas, infinity pools, and many other amazing amenities. Of course, the island also has its own country club and golf course. There aren’t that many estates dotting the island’s perimeter, so interested buyers definitely have to pay attention to sales activity to snatch up one of these exclusive properties. But, if you’re in the market for any luxury real estate in Miami, we can certainly point you in the right direction because there are plenty of other awesome options available.