Indian Creek mansion owner gets parcel next door

New York trust pays $21.6 million for nearly two acres in exclusive community

TRD MIAMI /
Jun.June 13, 2014 10:30 AM

The owner of an Indian Creek mansion just plunked down $21.6 million to buy the waterfront property next door, The Real Deal has learned.

Alvak Holdings picked up the 80,000-square-foot parcel at 4 Indian Creek Island Road in a transaction recorded on Thursday, according to Miami-Dade County records. No financing was recorded. State corporate records link Alvak to a North Woodmere, N.Y.-based trust.

Another company tied to the same trust paid a record $47 million for a 30,000-square-foot mansion at 3 Indian Creek Island Road in August 2012. The registered agent for the trust in both transactions is Andrey M. Kaydin, according to state corporate records.

The seller of the vacant property is 4 Indian Creek LLC, which is also based in New York. Vladislava Finskyaka signed the deed as manager of the company, which paid $15 million for the parcel in July 2011.

A wealthy enclave northwest of Miami Beach, Indian Creek is home to some of Miami-Dade County’s most expensive single-family residences.


Related Articles

arrow_forward_ios
David Beall and 303 East Dilido Drive (Credit: LinkedIn, Relator, and iStock)

Pinkberry franchisee lands sweet deal for Venetian Islands home

Daily Digest Miami

Ben Carson talks Opportunity Zones, top developers riff on condos vs. rentals: Daily digest

Rendering of Ten30 and Masoud Shojaee

Shoma Group launches lower-priced condo project near Lincoln Road

30 Indian Creek Island Road and Shlomo Alexander

The Alexander Group allegedly mismanaged and then refused to complete Indian Creek Island mansion: lawsuit

Condo at Glass Miami Beach sells at 15% loss

The Julia hotel, Jesper Arnoldsso

SMS Lodging lists Miami Beach hotel after selling another for $21M

Ritz-Carlton Residences Miami Beach

Dialysis exec nabs condo at Ritz-Carlton Residences Miami Beach

1835 West 27th Street and Oren Alexander

Venezuelan oil tycoon lists waterfront Miami Beach mansion for $17M

arrow_forward_ios