The Real Deal Miami

Indian Creek manse listed for $32.5M

December 08, 2010 03:29PM

Franklin Resources Chairman Charles Johnson has put his 16,000-square-foot Indian Creek Island mansion up for sale for $32.5 million, making it the priciest waterfront home on the resale market in Miami-Dade County. Of course, the listing, by Sotheby’s International agent Mirce Curkoski, is hardly shocking next to the $60 million that a brand-new 30,000-square-foot mansion is asking nearby. AOL’s Housing Watch suggests that perhaps the owners are selling after a dispute with the village of Indian Creek. Over the summer, Johnson and several of his neighbors sued over a property tax increase for the Indian Creek Country Club and four of the homes on the island,while taxes decreased for everyone else. Buyers of Johnson’s five-bedroom home and its two acres of bayfront land will count among their neighbors supermodel Adriana Lima and her husband, basketball star Marko Jaric, who purchased in the private community last year. [Housing Watch]