Glass House sells for $50 million, Miami

A waterfront estate an hour north of Miami has now broken a real-estate record not once, but twice.

The sale was closed by Tal Alexander and Oren Alexander of The Alexander Team at Douglas Elliman on February 5 for a total of $50 million. It previously sold for $47 million in 2012, at which time it became the most expensive single-family home ever sold in the Miami area.

The 10-bedroom home at 3 Indian Creek Island Road sits on two acres of land on a private island. The 8093-square metre estate sits on the edge of a golf course and has 10 bedrooms, 14 bathrooms, and a 30-metre pool. The identity of the new buyer has not been disclosed.

 

Notably, the house did not break the Miami residential real-estate record at large. That’s still held by Ken Griffin’s $60 million purchase of a two-floor condo in Faena House in 2015.

 

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