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$47M Sale of 3 Indian Creek Drive Shatters Previous Record Set in March

August 7, 2012 by Lucas Lechuga

3 Indian Creek Drive

Records were made to be broken.  Sometimes, however, records are shattered.  The recent sale of 3 Indian Creek Island for $47M shatters the previous record-breaking sale for single-family homes in Miami-Dade County set earlier this year by 22%.  Edward Lampert, Sears Holdings Corp.’s chairman and hedge fund billionaire, purchased a waterfront estate, also located on Indian Creek Island, in March for $38.4M.

3 Indian Creek Drive is paradise-living at its finest.  The 30,000 square foot, waterfront home is situated on an 80,000 square foot lot and has 10 bedrooms, 10 full baths, 4 half baths, a 100-foot resort-style pool, a full catering kitchen, certified green house, rooftop lawn and Jacuzzi, panic room, wine cellar, servant room, chromotherapy spa and massage room, library, elevator and a 7-limo-sized car garage.

No word yet on who the buyer of 3 Indian Creek Drive might be.  There are currently two single-family homes available for sale which could potentially eclipse the record-breaking sale of 3 Indian Creek: 12 Indian Creek Drive, listed for $45M, and the former Versace mansion, located at 1116 Ocean Drive, which has an astonishing asking price of $125M.

3 Indian Creek Drive

3 Indian Creek Drive

3 Indian Creek Drive

waterfront home

luxury home on Indian Creek Island

3 Indian Creek Drivewaterfront estate

3 Indian Creek Drive


master bath


3 Indian Creek



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