Ivanka and Jared’s rumored Indian Creek Island purchase closes for $32M

Julio Iglesias sold the nearly 2-acre waterfront lot

Miami /
Dec.December 31, 2020 02:30 PM
Jared Kushner, Ivanka Trump and Julio Iglesias with the Indian Creek Island property (Getty, Lifestyle Production Group)

Jared Kushner, Ivanka Trump and Julio Iglesias with the Indian Creek Island property (Getty, Lifestyle Production Group)

Award-winning singer and songwriter Julio Iglesias closed on the sale of a waterfront Indian Creek lot that was reportedly purchased by Ivanka Trump and Jared Kushner.

Cabana Love LLC sold 4 Indian Creek Island Road to Top Line Ventures Limited, a British Virgin Islands company that lists a Dubai address, for $32.2 million. Iglesias transferred ownership of the lot in November to Cabana Love LLC, which is managed by his attorney, Russell L. King.

Page Six reported earlier this month that Trump and Kushner were set to pay $30 million for the 1.8-acre property, and that the couple was looking at private schools in the area for their children once their time in the White House ends in January.

The Indian Creek deal was expected to close Dec. 17, which is the same date listed on the newly recorded deed. Jill Eber of The Jills Zeder Group at Coldwell Banker represented Iglesias.

Representatives for Ivanka Trump and The Jills Zeder Group did not immediately respond to requests for comment.

Iglesias listed the land earlier this year for $31.8 million. It has about 200 feet of water frontage. He originally planned to build homes for his children on the four Indian Creek lots he owned; two remain. In November, Iglesias sold 7 Indian Creek Island Road for $30 million to Dr. Aaron Rollins, the founder of Elite Body Sculpture.

Indian Creek, a guarded and gated island north of Miami Beach, is also home to billionaire hedge funder Eddie Lampert, Hotels.com co-founder Bob Diener, Carl Icahn and developer Jeffrey Soffer. The late Don Shula also lived on Indian Creek.

Tampa Bay Buccaneers quarterback Tom Brady and supermodel Gisele Bündchen recently picked up their own property on the island, spending $17 million for the lot at 26 Indian Creek Island Road, next to Soffer’s house.

Trump and Kushner are also expanding their “cottage” by the Trump National Golf Club in Bedminster, according to the New York Times.






    Related Articles

    arrow_forward_ios
    Gordon Ramsey and his Lucky Cat restaurant (Lucky Cat)
    Gordon Ramsay to open first South Florida restaurant in Miami Beach
    Gordon Ramsay to open first South Florida restaurant in Miami Beach
    Tommy Hilfiger and his wife Dee Ocleppo Hilfiger with the Palm Beach location (Google Maps, Getty)
    Tommy Hilfiger and wife drop $46M on third Palm Beach real estate purchase this year
    Tommy Hilfiger and wife drop $46M on third Palm Beach real estate purchase this year
    David Hammond, CEO of Opulence and Tomi Rose
    Judge rules Tomi Rose must pay back nearly $77K to her former brokerage Opulence
    Judge rules Tomi Rose must pay back nearly $77K to her former brokerage Opulence
    Ivanka Trump and Jared Kushner and the Indian Creek property (Google Maps, Compass via One Sotheby's International Realty)
    Jared and Ivanka paid $24M for this waterfront Indian Creek estate: sources
    Jared and Ivanka paid $24M for this waterfront Indian Creek estate: sources
    Todd Michael Glaser, Don Francisco and 37 Indian Creek Island Road (Kobi Karp, Todd Glaser)
    Developer Todd Glaser pays $24M for Don Francisco’s Indian Creek estate
    Developer Todd Glaser pays $24M for Don Francisco’s Indian Creek estate
    Marc Anthony and the Coral Gables estate. (Getty, Nexxos Realty via Compass)
    Buyer revealed: Tiger Global honcho is purchaser of Marc Anthony’s former estate
    Buyer revealed: Tiger Global honcho is purchaser of Marc Anthony’s former estate
    Jeff Franklin and 1230 South Venetian Way (Getty)
    “Full House” creator Jeff Franklin buys waterfront Venetian Islands property
    “Full House” creator Jeff Franklin buys waterfront Venetian Islands property
    Novak Djokovic with the unit (Eighty Seven Park unit photo via Lenny Kagan, Djokovic via Getty)
    Novak Djokovic sells Miami Beach condo for modest profit
    Novak Djokovic sells Miami Beach condo for modest profit
    arrow_forward_ios

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

    Loading...