Ivanka and Jared buy $30M lot on high-security Miami island
It measures 1.84 acres with 200 feet of private waterfront. The lot was for sale at $31.8M
Fox Business Flash top headlines are here. Check out what's clicking on FoxBusiness.com.
Ivanka Trump and Jared Kushner have splurged on a $30 million-plus lot of land on Miami’s uber-swanky and high-security Indian Creek Island — known as the “Billionaire’s Bunker” — Page Six can exclusively reveal.
Ahead of President Trump’s exit from the White House, the couple is busy making plans for life after DC and have viewed numerous properties and lots of land in the Miami and Palm Beach area.
NYC REAL ESTATE DEVELOPER DON PEEBLES LISTS FLORIDA HOME FOR $15 MILLION
The private, guarded and gated Indian Creek Island is also one of the most secure places in Florida, as it boasts a 13-man police force for just 29 residences.
It is believed the couple purchased Lot 4, which was owned by Julio Iglesias, to build a bayfront estate. The sale closes on Dec. 17, we’re told.
It measures 1.84 acres with 200 feet of private waterfront. The lot was for sale at $31.8 million. Taxes are $472,764 a year.
Indian Creek Island is also just over an hour from Trump’s Mar-a-Lago club. Plus, Jared’s younger brother, Joshua, and his supermodel wife, Karlie Kloss, this year bought a $22 million home in Miami ahead of the birth of their first child.
‘QUEEN OF VERSAILLES’ FLORIDA MEGA-MANSION STILL UNDER CONSTRUCTION, REPORTEDLY NEARING COMPLETION
A source familiar with the deal told us that Ivanka and Jared had been on the hunt in Florida, as many of their friends have moved out of NYC to Florida and the Hamptons, saying: “The Kushners have been looking to purchase property in Florida for quite some time, and will also maintain their home in New York.”
Current and former residents of Indian Creek island include singer Iglesias, billionaire Carl Icahn, former Philadelphia Eagles owner Norman Braman, former Miami Dolphins coach Don Shula, supermodel Adriana Lima, hedge funder Eddie Lampert and billionaire Jeff Soffer.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Jared and Ivanka have spent the past four years living with their three kids in the prestigious Kalorama neighborhood of DC, where they’ve been renting a $15,000-a-month house owned by a subsidiary of the family of Chilean billionaire Andrónico Luksic.
They still own their New York City apartment on Park Avenue and have no plans to sell. They are also expanding their cottage by the Trump National Golf Club in Bedminster, NJ.
Reps for the White House and Ivanka declined to comment.
CLICK HERE TO READ MORE ON FOX BUSINESS