Ivanka and Jared buying $30M Miami waterfront lot from Julio Iglesias

Couple’s post-Trump White House plans now include 1.8-acre property on exclusive island

Miami /
Dec.December 08, 2020 09:30 AM
Jared and Ivanka with the Indian Creek Island property (Photos via Getty; Lifestyle Production Group)

Jared and Ivanka with the Indian Creek Island property (Photos via Getty; Lifestyle Production Group)

Ivanka Trump and Jared Kushner have set their post-White House sights on Miami.

The couple is spending $30 million to purchase a waterfront lot on Indian Creek Island in a deal that’s set to close Dec. 17, according to the New York Post.

Famed singer Julio Iglesias sold the 1.8-acre property, which the Post reported is Lot 4. Iglesias listed the land earlier this year for $31.8 million. It has about 200 feet of water frontage.

On the exclusive guarded and gated island north of Miami Beach, their new neighbors include billionaire hedge funder Eddie Lampert, Hotels.com co-founder Bob Diener, Carl Icahn and Jeffrey Soffer.

Trump and Kushner reportedly eyed properties in the Miami and Palm Beach areas. They’ve been renting a house in the Kalorama neighborhood of Washington, D.C., for $15,000 a month.

The couple is also expanding their “cottage” by the Trump National Golf Club in Bedminster, to include four new pickleball courts, a relocated heliport, and a spa and yoga complex, according to the New York Times.

People magazine reported that President Trump and First Lady Melania Trump will be heading to his Mar-a-Lago Club in Palm Beach after he leaves office. There, the staff is renovating the first family’s 2,000-square-foot residence. Melania is also reportedly looking to place their son Barron in school in Florida.

In addition to President Trump’s properties in South Florida, Kushner Companies has a number of projects planned in Miami and Fort Lauderdale.

[NYP] – Katherine Kallergis


Related Articles

arrow_forward_ios
Jared Kushner and Ivanka Trump with Arte Surfside (Getty, Arte)
Ivanka Trump, Jared Kushner to rent luxury condo in Miami’s Surfside
Ivanka Trump, Jared Kushner to rent luxury condo in Miami’s Surfside
Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M
Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M
Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M
Kushner Companies has filed papers to raise $100 million through a bond issuance on the Tel Aviv Stock Exchange. (Getty, iStock)
Kushner Companies plans $100M Israeli bond raise
Kushner Companies plans $100M Israeli bond raise
Charles Kushner (Getty)
Charlie Kushner gets presidential pardon
Charlie Kushner gets presidential pardon
Rosemary Vrablic with clients Jared Kushner and President Donald Trump (Getty, iStock)
Trump’s longtime banker resigns from Deutsche Bank
Trump’s longtime banker resigns from Deutsche Bank
Jared Kushner (left); Charles Kushner (right); and Laurent Morali
Kushner eyes return to normalcy. Good luck.
Kushner eyes return to normalcy. Good luck.
Tom Brady and Gisele Bündchen with 26 Indian Creek Island Road (Getty, Google Maps)
Tom Brady, Gisele Bündchen revealed as buyers of Indian Creek property
Tom Brady, Gisele Bündchen revealed as buyers of Indian Creek property
From left: Sen. Ron Wyden, Rep. Joaquin Castro, 666 Fifth Avenue and Jared Kushner (Getty; Google Maps)
Democrats launch probe into Kushner’s 666 Fifth Ave bailout
Democrats launch probe into Kushner’s 666 Fifth Ave bailout
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...