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 06:22 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
White House attorneys investigating whether loans to Kushner Companies violated law: report
White House attorneys investigating whether loans to Kushner Companies violated law: report
White House attorneys investigating whether loans to Kushner Companies violated law: report
The push for Trump’s infrastructure plan begins with Ivanka
The push for Trump’s infrastructure plan begins with Ivanka
The push for Trump’s infrastructure plan begins with Ivanka
Kushner Cos. scored big loans after lenders met with Jared at the White House: report
Kushner Cos. scored big loans after lenders met with Jared at the White House: report
Kushner Cos. scored big loans after lenders met with Jared at the White House: report
Mueller subpoenas Deutsche Bank over loans to Trump
Mueller subpoenas Deutsche Bank over loans to Trump
Mueller subpoenas Deutsche Bank over loans to Trump
The Long View: Cadre and the dilemma of the secondary market
The Long View: Cadre and the dilemma of the secondary market
The Long View: Cadre and the dilemma of the secondary market
Kushner-backed Cadre wants to raise $65M at $800M valuation
Kushner-backed Cadre wants to raise $65M at $800M valuation
Kushner-backed Cadre wants to raise $65M at $800M valuation
TRD goes on WNYC to discuss CIM’s relationship with Kushner, Trump
TRD goes on WNYC to discuss CIM’s relationship with Kushner, Trump
TRD goes on WNYC to discuss CIM’s relationship with Kushner, Trump
Inside the universe of Kushner Companies
Inside the universe of Kushner Companies
Inside the universe of Kushner Companies
arrow_forward_ios

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

Loading...