Ivanka Trump and Jared Kushner buy $40.3m lot on ’Billionaire’s Bunker’ in Miami
Ivanka Trump and Jared Kushner have splurged on a multimillion-dollar lot of land on Miami’s uber-swanky and high-security Indian Creek Island — known as the ‘Billionaire’s Bunker’.
Ivanka Trump and Jared Kushner have splurged on a $40 million-plus lot of land on Miami’s uber-swanky and high-security Indian Creek Island — known as the “Billionaire’s Bunker” — according to Page Six.
Ahead of President Trump’s exit from the White House, the couple is busy making plans for life after Washington DC and have viewed numerous properties and lots of land in the Miami and Palm Beach area.
RELATED: Ellen to become neighbours with Harry & Meghan
Ryan Seacrest is selling his Beverly Hills mansion for $115.5 million
Sam Worthington puts his $12.57 million Hollywood home back on market
The private, guarded and gated Indian Creek Island is also one of the most secure places in Florida, as it boasts a 13-man police force for just 29 residences.
It is believed the couple purchased Lot 4, which was owned by Julio Iglesias, to build a bayfront estate. The sale reportedly closes on December 17.
It measures 1.84 acres with more than 60m of private waterfront. The lot was for sale at $42.7 million (US$31.8 million). Taxes on the home will also cost them $635,333 (US$472,764) a year.
Indian Creek Island is also just over an hour from Trump’s Mar-a-Lago club. Plus, Jared’s younger brother, Joshua, and his supermodel wife, Karlie Kloss, this year bought a US$22 million home in Miami ahead of the birth of their first child.
The pair may also see a lot of President Donald Trump. After all, his private club Mar-a-Lago in Palm Beach is just a stone’s throw away. And in September, the President officially switched his private residence from Manhattan to Palm Beach.
A source familiar with the deal told Page Six that Ivanka and Jared had been on the hunt in Florida, as many of their friends have moved out of NYC to Florida and the Hamptons, saying: “The Kushners have been looking to purchase property in Florida for quite some time, and will also maintain their home in New York.”
Current and former residents of Indian Creek island include singer Iglesias, billionaire Carl Icahn, former Philadelphia Eagles owner Norman Braman, former Miami Dolphins coach Don Shula, supermodel Adriana Lima and billionaire Jeff Soffer.
MORE: F45 founder gives WWII survivor $20m payday
Hemp tycoon rents out Aussie sand dune mansion for $80k a week
Jared and Ivanka have spent the past four years living with their three kids in the prestigious Kalorama neighbourhood of DC, where they’ve been renting a US$15,000-a-month house owned by a subsidiary of the family of Chilean billionaire Andrónico Luksic.
They still own their New York City apartment on Park Avenue and have no plans to sell. They are also expanding their cottage by the Trump National Golf Club in New Jersey.
This article originally appeared on the NYPost and was republished with permission.
Werribee auction surprise: Why buyers wont back down
A bidding war in Werribee had buyers pushing the price higher than expected. What made this home so popular? The final result caught many by surprise.
Why this Yarraville home has buyers talking all weekend
A Yarraville home with a rare offer drew plenty of interest at its Valentine’s Day auction, but the result surprised many. Now, buyers are making their move.
Melbourne buyers risk missing out amid anticipated rate cut
A rate cut could shake up Melbourne’s property market, and experts suggest buyers who wait may pay the price. Here’s why timing your sale could be the smartest move.