Mansion in "Billionaire Bunker" in Miami-Dade sold for $68M

A mansion in Indian Creek Village, known as “Billionaire Bunker” for its roster of wealthy residents, sold for $68 million.

MTM Star International Corp., managed by Tulia Soucy de Gonzalez Gorrondona, who previously led hotel owner Concorde Organization, sold the 9,259-square-foot home at 11 Indian Creek Island Road to the Palm Trust, with attorney Terri Lacy in Miami as trustee. The price of the off-market deal equated to $7,344 per square foot.

Besides the home, another factor in the price was the oversized 2.75-acre lot along Biscayne Bay.

The home was built in 1965 and expanded in 1985. Its last recorded trade was for $1.4 million in 1982.

With just 41 homes, the village is home to wealthy and famous residents such as billionaires Norman Braman, Carl Icahn, and Edward Lampert. NFL legend Tom Brady is also building a home there. The last major sale in the village was in January 2022, when supermodel and actress Adriana Lima sold her mansion.

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