Check Out This $59 Million Kobi Karp-Designed Indian Creek Island Billionaire Bunker Built by Todd Michael Glaser Which Can Be Purchased In Crypto

A $59 million waterfront compound on the star-studded Indian Creek is now accepting Bitcoin as a form of payment. The tropical modern playhouse being developed by Todd Michael Glaser and features architecture and interiors by Kobi Karp. The new construction spec mansion spans nearly 16,000-sq.ft. with 12 bedrooms and 13.5 bathrooms on a 53,696-sq.ft. lot (1.25 acres).

The main level will feature 12’ ceilings, a club room, chef and prep kitchens, a media room and a gym studio. The backyard offers tropical modern vibes with lush landscaping, 134’ of water frontage with dockage for a yacht up to 110’ yacht, a large sun deck, and an infinity pool and tanning beds perfectly placed for soaking in the sun.

Indian Creek is home to a rolodex of high profile neighbors including Tom Brady & Gisele Bündchen, Ivanka & Jared Trump, Enrique Iglesias, and more. Known as “Billionaire’s Bunker” - the 300-acre island consists of less than 40 homes and is secured by its own police force and anchored by the Indian Creek Golf Course.

37 Indian Creek Island Road is listed for $59 million by Dina Goldentayer with Douglas Elliman and will be move-in ready within 18 months.

Glaser and his partners acquired the property in the summer of 2021 for $24 million from “Sábado Gigante” host Mario Luis Kreutzberger Blumenfeld, also known as “Don Francisco,” in an off-market deal overseen by Dina Goldentayer. The existing house on the property was built in 1987 and was quickly demolished to make way for the new modern home.

Cryptocurrency closed sales and listings have been becoming more common place in Miami over the past several years. In 2021 a unit in Arte in Surfside sold for $22.5 million in crypto. The sale was followed by several in Downtown Miami including a $7.2 million sale at the nearby One Thousand Museum and Unit 5306 in Marquis Residences sold for $7.2 million in Ethereum. Recently the $34 penthouse at Regalia Residences announced that they would be taking cryptocurrency as a form of payment as well in partnership with RealOpen.

Images and renderings via Todd Michael Glaser, Dina Goldentayer and Kobi Karp

Rick Pitino's "Billionaire Bunker" Estate On Indian Creek Island Hits Market For $23.995 Million

Embattled Louisville basketball coach Rick Pitino's "Billionaire Bunker" estate, located on the famed Indian Creek Island, has hit the market for $23.995 million. Located at 38 Indian Creek Island Road, the 1.25 acre property is one of only 2 currently for sale on the ultra-exclusive island. The 12,000 SF Mediterranean Transitional Villa features 8 bedrooms, 10 full bathrooms and 2 half-baths, along with a gym, office, formal dining room, elevator, flow through gourmet kitchen with living room, grand foyer, 4 car garage, and large master suite. All rooms are finished with the finest fixtures, finishes and stonework with immaculate views of Biscayne Bay throughout. Outside, a waterfront resort style pool, wet bar, summer kitchen, multiple lounge areas, and a private dock with boatlifts. Indian Creek Island features an ultra-exclusive country club with an 18-hole championship golf course, its own police force and a mere 40 home sites on the 300-acre island. 38 Indian Creek Island Road is currently listed for $23,995,000 with Ralph Arias of ONE Sotheby's International Realty. 

Laure Tirouflet and Jose Carlo-Designed Boutique Hotel Approved on Indian Creek Drive in North Beach

The City of Miami Beach’s Design Review Board and Planning Board approved a newly proposed hotel to rise at 7128 Indian Creek Drive in North Beach. The hotel will be developed by IC Property Capital Corp and is being designed by Miami Beach-based architects Laure Tirouflet and Jose Carlo. The hotel will be built with "future street raising in mind" and the design includes 16-hotel rooms, underground parking, a rooftop pool deck, and graphic mosaic pattern on the front façade masking the garage and architectural treatments running along the spine of the elevator shaft. The community has an upcoming ballot in which Miami Beach voters will have the chance to approve or strike down the master plan to reenergize North Beach with a new downtown from 71st Street between Collins Avenue and Indian Creek Drive. 

“This is the type of beautifully designed, boutique hotel that people have been waiting to see in North Beach and dovetails nicely with the community’s Master Plan vision for this area,” said Greenberg Traurig Miami Real Estate Shareholder Ethan B. Wasserman, who represented IC Capital before the board. “Its location is ideal: in the Town Corridor just north of 71st Street and within walking distance of the ocean and park, as well as the local commercial sector that includes restaurants and other venues.”