Jackie Soffer is keeping it in the family.
The Turnberry Associates CEO sold her waterfront Indian Creek Village teardown to her younger brother, Jeffrey Soffer, for $17 million, property records show.
Soffer had listed the nearly 2-acre property at 26 Indian Creek Island Road for sale, asking $29.5 million, in 2017. Records reveal her 26 Indian Creek Land Trust sold the 6,400-square-foot home to an LLC controlled by Jeffrey. Jeffrey owns the property next door at 27 Indian Creek Island Road.
The siblings co-led Turnberry Associates, the company their father, Donald Soffer, had founded, for 25 years before splitting up in early 2019. https://therealdeal.com/miami/2019/03/04/turnberry-partners-and-siblings-jackie-and-jeffrey-soffer-split-up/ Jackie stayed on at Turnberry Associates as chairperson and CEO, as well as principal owner of Aventura Mall and Town Center Aventura, among other properties. Jeffrey started Fontainebleau Development. His properties include the Fontainebleau Miami Beach, the JW Marriott Miami Turnberry Resort & Spa and Turnberry Ocean Club Residences, the latter of which was recently completed.
Jackie paid $11.5 million for the Indian Creek lot in 2007. The property includes a house that was built in 1948. Soffer lives with her husband, Miami Design District developer Craig Robins, in Miami Beach.
Mirce Curkoski, Alexa Eve Iacovelli and Albert Justo of One Sotheby’s International Realty previously had the listing.
The exclusive island, with about three dozen homes, is west of Surfside. Some of America’s 500 wealthiest people own properties on the island, including activist investor Carl Icahn, car dealership mogul Norman Braman and hedge fund manager Eddie Lampert.
In early 2019, a waterfront mansion on Indian Creek sold for $49.9 million, then a new record for single-family home sales in Miami.