{"id":21196,"date":"2009-06-02T12:25:36","date_gmt":"2009-06-02T12:25:36","guid":{"rendered":"http:\/\/miamibeachrealestatenewsblog.com\/2009\/06\/02\/miami-beach-real-estate-18-indian-creek-drive-reduced-by-6m\/"},"modified":"2019-04-23T20:56:09","modified_gmt":"2019-04-23T20:56:09","slug":"miami-beach-real-estate-18-indian-creek-drive-reduced-by-6m","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/miami-beach-real-estate-18-indian-creek-drive-reduced-by-6m\/","title":{"rendered":"MIAMI BEACH REAL ESTATE: 18 INDIAN CREEK DRIVE-REDUCED BY $6M"},"content":{"rendered":"<div id=\"attachment_542\" style=\"width: 522px\" class=\"wp-caption aligncenter\"><img aria-describedby=\"caption-attachment-542\" loading=\"lazy\" class=\"size-full wp-image-542\" src=\"http:\/\/miamibeachrealestatenewsblog.com\/files\/2009\/06\/18-indian-creek-eve.jpg\" alt=\"ISH YOU WERE HERE: 18 INDIAN CREEK DRIVE, INDIAN CREEK, FL 33154\" width=\"512\" height=\"400\" \/><p id=\"caption-attachment-542\" class=\"wp-caption-text\">WISH YOU WERE HERE: 18 INDIAN CREEK DRIVE, INDIAN CREEK, FL 33154<\/p><\/div>\n<p>The private island of Indian Creek, located on Biscayne Bay between Miami Beach and Bal Harbour, is a secluded community of <a title=\"22 INDIAN CREEK DRIVE, INDIAN CREEK VILLAGE, FL 33154\" href=\"http:\/\/miamibeachrealestatenewsblog.com\/2009\/04\/03\/miami-beach-estate-sale-22-indian-creek-drive\/\">waterfront estates<\/a> comprising the most expensive real estate per square foot of any neighborhood located in Dade County.\u00a0 Like most <a title=\"Miami Beach luxury real estate\" href=\"http:\/\/www.nelsongonzalez.com\/\">residential offerings<\/a> today, the prices at the top of the market are not immune to reductions. Since the start of 2009, the high end has demonstrated a trend of decreasing the &#8216;ask&#8217; followed by a &#8216;sale.&#8217;\u00a0 South Beach luxury oceanfront condos seem to be in fashion, as reflected in recent penthouse sales at <a title=\"Il Villaggio Penthouse 6\/7 Private Rooftop Terrace, Miami Beach\" href=\"http:\/\/miamibeachrealestatenewsblog.com\/2009\/02\/12\/south-beach-would-you-be-mine-1455-ocean-drive-ph-67-sells\/\">Il Villaggio<\/a> and<a title=\"CONTINUUM I SOUTH TOWER\" href=\"http:\/\/miamibeachrealestatenewsblog.com\/wp-admin\/post.php?action=edit&amp;post=522\"> <\/a><a title=\"CONTINUUM I SOUTH TOWER\" href=\"http:\/\/miamibeachrealestatenewsblog.com\/2009\/05\/22\/miami-beach-real-estate-sold-100-south-pointe-drive-ph1\/\">Continuum I<\/a>.<\/p>\n<p>Will Miami&#8217;s ultra <a title=\"6050 NORTH BAY ROAD MIAMI BEACH, FL 33140\" href=\"http:\/\/miamibeachrealestatenewsblog.com\/2009\/03\/10\/game-on-the-miami-beach-market-is-in-playwaterfront-home-located-at-6050-north-bay-road-sells-in-only-12-days\/\">waterfront properties <\/a>conform? One of the premier lots on <a title=\"Luxury waterfront homes for sale in Miami Beach\" href=\"http:\/\/www.nelsongonzalez.com\/Real_Estate\/Homes\/Indian-Creek\">Indian Creek Island<\/a>, 18 Indian Creek Drive was originally listed for $25.M in September 2009; and subsequently reduced yesterday to $19.5M.\u00a0 Interesting fact, the property last traded 25 years ago, June 1, 1984 for $1.15M*.\u00a0 Designed by Alexander Luis, the existing structure was built in 1956.<\/p>\n<h3>PROPERTY HIGHLIGHTS:<\/h3>\n<ul>\n<li>7, 541 SF living area<\/li>\n<li>80,000 SF lot (200&#215;400&#8242;)<\/li>\n<li>245&#8243; water frontage (deep water dock under construction)<\/li>\n<li>South facing waterfront exposure<\/li>\n<li>gated entry<\/li>\n<li>6 bed, 6 1\/2 bath<\/li>\n<li>elevator<\/li>\n<li>3-car garage<\/li>\n<\/ul>\n<p><strong><br \/>\n<\/strong><\/p>\n<p><strong>Photos of 18 Indian Creek Drive:<\/strong><em><br \/>\n<\/em><\/p>\n<p><em>[nggallery id=5]<br \/>\n<\/em><\/p>\n<h3>2009 PRICE REDUCTIONS ON INDIAN CREEK ISLAND:<\/h3>\n<ul>\n<li><strong>40 Indian Creek Drive<\/strong> was listed in July 2008 for $15.9M. It was reduced to $12.9M in January 2009.<\/li>\n<li><strong>34 Indian Creek Drive <\/strong>was listed for $15M in May 2008. It was reduced to $9.7M in March 2009 and further reduced to $8.9M in April 2009.<\/li>\n<\/ul>\n<h3>ALSO AVAILABLE FOR SALE ON INDIAN CREEK ISLAND:<\/h3>\n<ul style=\"text-align: left\">\n<li>3 Indian Creek Drive &#8211; $57M<\/li>\n<li>12 Indian Creek Drive\u00a0 &#8211; $35M **<\/li>\n<li>4 Indian Creek Drive (vacant land) &#8211; $18M **<\/li>\n<li>38 Indian Creek Drive &#8211; $14.9M<\/li>\n<li>22 Indian Creek Drive &#8211; $12.9M**<\/li>\n<\/ul>\n<address><em>*Information provided by Multiple Listing Service.<\/em><\/address>\n<address><em>**Denotes my exclusive listings<\/em>.<\/address>\n<p><em><br \/>\n<\/em><\/p>\n<p><em><br \/>\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The private island of Indian Creek, located on Biscayne Bay between Miami Beach and Bal Harbour, is a secluded community of waterfront estates comprising the most expensive real estate per square foot of any neighborhood located in Dade County.\u00a0 Like most residential offerings today, the prices at the top of the market are not immune<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/miami-beach-real-estate-18-indian-creek-drive-reduced-by-6m\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":1,"featured_media":130092,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[11767],"tags":[1389,1657,5643,5695,5697,5703,5777,6635,135,7663,9815,9843,11277],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - 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