OFF MARKET

Off Market Apr 2020 for $17M

$40,009,318

Est. refi paymentEst. refi $120,001/mo

•

9,709

sq ft

38 Indian Creek Island Rd, Indian Creek Village, FL 33154

About this home

Rebuilt and remodeled (2017) Estate on private Indian Creek Island, w/ 24hr police force & 18-hole championship golf course/club. Large 1.25 acre lot. Dubbed the "Billionaire Bunker" by Forbes, this 300-acre island has less than 40 home sites! 8BR, 12BA, elevator, office, huge gym (could be 9th BR) w/ steam shower & water views. Huge dock w/ lifts. New resort-style pool w/ multiple entertainment areas. This magnificent home is the least expensive property (home or lot) available on Indian Creek Island. Reduced for a quick sale!

Single-familyProperty Type

2017Year Built

1.23 acresLot Size

$4,121Est. Price/Sq.Ft.

4 car garageParking

Listed by Rafael Arias • One Sotheby's International Realty

•786-543-7873 (agent)

•rarias@onesir.net (agent)

•305-538-9711 (broker)

•MLS@onesothebysrealty.com (broker)

Bought with Rafael Arias • One Sotheby's International Realty

•305-538-9711 (broker)

•MLS@onesothebysrealty.com (broker)

Redfin checked: a minute ago

•Source:MARMLS #A10810412

Redfin Estimate

$40,009,318

$23.0M since sold in April 2020$863K since July

Recently sold homes
Estimate history
Homes for sale

This home's estimate is 100.9% higher than the average sale price ($19.92M) of 6 comparable homes.

SOLD JUN 26, 2026
$8,750,000
A
6 beds6.5 baths6,222 sq ft
9045 Hawthorne Ave, Surfside, FL 33154
SOLD JUN 16, 2026
$42,973,750
B
7 beds8.5 baths10,801 sq ft
56 Bal Bay Dr, Bal Harbour, FL 33154
SOLD AUG 11, 2026
$20,000,000
C
8 beds8.5 baths5,916 sq ft
9814 W Broadview Dr, Bay Harbor Islands, FL 33154
SOLD JUN 15, 2026
$21,770,000
D
8 beds9 baths8,007 sq ft
9640 W Broadview Dr, Bay Harbor Islands, FL 33154
SOLD JUN 26, 2026
$8,300,000
E
4 beds3.5 baths2,204 sq ft
9064 Bay Dr, Surfside, FL 33154
SOLD FEB 25, 2026
$17,725,000
F
7 beds6.5 baths7,690 sq ft
1155+1165 N Biscayne Point Rd, Miami Beach, FL 33141

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Earn from this home

Sell

$25,813,698

Est. take-home

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Refinance

Est. cash available

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Rent

$10,966/mo

Redfin rental estimate

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Market trends in 33154, FL

Last updated July 2026

Buyer's Market

Seller's Market

Buyer's market

Sale-to-List Price

92.1%

+0.3% MoM

Median sale price

$1.6M

$60K MoM

Avg. days on market

135d

3 days MoM

Recently sold homes

117

6 MoM

New listings for sale

NEW 12 HRS AGO
$2,995,000
2 beds2 baths1,453 sq ft
8800 Collins Ave #310, Surfside, FL 33154
(305) 935-0300
$1,100,000
2 beds2 baths1,500 sq ft
9595 Collins Ave Unit 5NG, Bal Harbour, FL 33154
(954) 545-5583
$330,000
1 bed1.5 baths770 sq ft
9156 Collins Ave #202, Surfside, FL 33154
(917) 655-0408
$660,000
2 beds2 baths1,024 sq ft
9273 Collins Ave #308, Surfside, FL 33154
(310) 922-2804
$1,200,000
2 beds2 baths1,281 sq ft
10275 Collins Ave #1506, Bal Harbour, FL 33154
(305) 502-1717
$1,890,000
3 beds2.5 baths1,300 sq ft
10275 Collins Ave #722, Bal Harbour, FL 33154
(305) 502-1717
$1,499,000
3 beds2.5 baths2,060 sq ft
10205 Collins Ave #206, Bal Harbour, FL 33154
(305) 865-9811
$322,000
2 beds2 baths974 sq ft
1065 98th St #1, Bay Harbor Islands, FL 33154
(305) 809-7650
$569,000
1 bed1 bath800 sq ft
8911 Collins Ave #1103, Surfside, FL 33154
(305) 722-7969
$375,000
2 beds2 baths1,190 sq ft
1060 92nd St #6, Bay Harbor Islands, FL 33154
(786) 423-8674
See all

Sale history for 38 Indian Creek Island Rd

Date

Event

Price

MARMLS #A10810412

Apr 8, 2020

Sold

$17,027,500

$1,754/sq ft

Feb 1, 2020

Listed

$21,495,000

$2,214/sq ft

MARMLS #A10662143

Jan 31, 2020

Listing Removed

—

Jan 7, 2020

Relisted

—

Jan 6, 2020

Listing Removed

—

Sep 11, 2019

Price Changed

$21,900,000

$2,256/sq ft

Apr 26, 2019

Listed

$23,900,000

$2,462/sq ft

MARMLS #A10540820

Jan 31, 2020

Listing Removed

—

Jan 7, 2020

Relisted

—

Jan 6, 2020

Listing Removed

—

Sep 11, 2019

Price Changed

$21,900,000

$2,256/sq ft

Sep 21, 2018

Listed

$23,900,000

$2,462/sq ft

MARMLS #A10387052

Aug 2, 2018

Listing Removed

—

Jun 27, 2018

Price Changed

$22,750,000

$2,343/sq ft

Mar 5, 2018

Price Changed

$22,950,000

$2,364/sq ft

Dec 13, 2017

Listed

$23,995,000

$2,471/sq ft

Public Records

Feb 16, 1999

Sold

$5,400,000

$556/sq ft

Public Records

Dec 30, 1994

Sold

$1,350,000

$139/sq ft

Public Records

Jul 16, 1991

Sold

$1,150,000

$118/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$544,574 (+19.4%)

2024

$455,928 (+15.7%)

2023

$394,079 (+8.8%)

2022

$362,222 (+22.9%)

2021

$294,640 (−2.8%)

2020

$303,089 (+5.9%)

$10,739,200 + $2,667,359

$13,406,559

2019

$286,166 (+18.2%)

2018

$242,101 (+8.6%)

2017

$222,955 (+2.3%)

2016

$218,034 (+4.5%)

2015

$208,649 (+23.3%)

2014

$169,282 (+9.4%)

2013

$154,735 (+13.2%)

2012

$136,698 (+39.1%)

$3,490,240 + $2,094,364

$5,584,604

2011

$98,281

Tax history for 38 Indian Creek Island Rd

Year

Property tax

Land + Additions

Assessment*

2025

$544,574 (+19.4%)

2024

$455,928 (+15.7%)

2023

$394,079 (+8.8%)

2022

$362,222 (+22.9%)

2021

$294,640 (−2.8%)

2020

$303,089 (+5.9%)

$10,739,200 + $2,667,359

$13,406,559

2019

$286,166 (+18.2%)

2018

$242,101 (+8.6%)

2017

$222,955 (+2.3%)

2016

$218,034 (+4.5%)

2015

$208,649 (+23.3%)

2014

$169,282 (+9.4%)

2013

$154,735 (+13.2%)

2012

$136,698 (+39.1%)

$3,490,240 + $2,094,364

$5,584,604

2011

$98,281

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Beds

Baths

Stories

Lot width

—

Lot depth

—

Lot size

1.23 Acres

Year renovated

1990

Sq. Ft.

9,709

Year built

1977

Style

Single Family Residential

County

Miami-Dade County

APN

2122340020380

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Jul 1, 2026.

Property details

Parking

Garage/Carport Information
Has Garage
Has Attached Garage
# of Garage Spaces: 4

Parking
Features: Attached, Circular Driveway, Driveway, Garage, Garage Door Opener
# of Covered Spaces: 4

Interior

Virtual Tour

Bathroom Information
# of Full Bathrooms: 10
# of Half Bathrooms: 2

Room Information
Room Types: Den, Family Room, Guest Quarters, InLaw Suite, Laundry, Other, Storage Room, Utility Room, Sitting Room

Fireplace Information
Has Fireplace

Equipment
Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Icemaker, Microwave, Refrigerator, Washer

Interior Features
Window Features: Arched, Drapes, Impact Glass
Door Features: French Doors
Furnishing Negotiable
Flooring: Ceramic Tile, Hardwood, Marble, Tile, Wood
Other Features: Bedroom on Main Level, Breakfast Area, Dining Area, Separate/Formal Dining Room, Dual Sinks, Eat-in Kitchen, French Door(s)/Atrium Door(s), First Floor Entry, Fireplace, Kitchen Island, Pantry, Sitting Area In Primary, Separate Shower, Upper Level Primary, Vaulted Ceiling(s), Elevator

Exterior

Building Information
Stories: 2
Year Built Details: Resale
Roof Details: Barrel, Spanish Tile
Construction Details: Block

Exterior Features
Exterior Features: Balcony, Barbecue, Security/High Impact Doors, Lighting, Porch
Patio And Porch Features: Balcony, Open, Porch
Other Structures: Guest House
Security Features: Gated Community, Smoke Detector(s), Security Guard

Pool and Spa Information
Pool Features: In Ground, Pool, Pool/Spa Combo
Has Spa

Lot Information
Lot Size Area: 53,696
Lot Features: One To Two Acres, On Golf Course, Sprinklers Automatic
Is Waterfront
Waterfront Features: Bay Front, Canal Front, No Fixed Bridges, Ocean Access
Frontage Length: 118
Frontage Length Remarks: 118
Zoning Description: 0100

Property Information
Has View
Direction Faces: West

Financial

Tax Information
Annual Tax Amount: $274,719
Tax Year: 2019

Rental Information
Pets Allowed Details: No Pet Restrictions, Yes
Pets Comments: None

Utilities

Utility Information
Utilities: Cable Available
Sewer: Septic Tank
Water Source: Public

Heating & Cooling
Has Cooling
Cooling: Central Air, Ceiling Fan(s), Electric
Has Heating
Heating: Central, Electric

Location

Community Information
Community Features: Gated

Public facts

Beds: 7
Baths: 9.0
Sq. Ft.: 9,709
Stories: 1.0
Lot Size: 1.23 acres
Style: Single Family Residential
Year Built: 1977
Year Renovated: 1990
County: Miami-Dade County
APN: 2122340020380

Home facts updated by county records on Jul 1, 2026

Around this home

Schools

Ruth K. Broad Bay Harbor K-8 Center

Public PreK-8 • Assigned • 0.4mi

10/10

Miami Beach Senior High School

Public 9-12 • Assigned • 5.5mi

5/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

7/10 Flood Factor

Estimated 71-79% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

10/10 Heat Factor

7 days above 103° expected this year, 24 days in 30 years

10/10 Wind Factor

99% chance of strong winds in next 30 years

2/10 Air Factor

1 unhealthy days expected this year, 2 days in 30 years

Provided by First Street

Historical weather

Indian Creek Village, FL • 33154

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.3 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.3 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Estimated sale price

$38.01M – $46.01M

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New listings for sale in 33154

NEW 12 HRS AGO

$2,995,000

2 beds2 baths1,453 sq ft

8800 Collins Ave #310, Surfside, FL 33154

(305) 935-0300

$1,100,000

2 beds2 baths1,500 sq ft

9595 Collins Ave Unit 5NG, Bal Harbour, FL 33154

(954) 545-5583

$330,000

1 bed1.5 baths770 sq ft

9156 Collins Ave #202, Surfside, FL 33154

(917) 655-0408

$660,000

2 beds2 baths1,024 sq ft

9273 Collins Ave #308, Surfside, FL 33154

(310) 922-2804

$1,200,000

2 beds2 baths1,281 sq ft

10275 Collins Ave #1506, Bal Harbour, FL 33154

(305) 502-1717

$1,890,000

3 beds2.5 baths1,300 sq ft

10275 Collins Ave #722, Bal Harbour, FL 33154

(305) 502-1717

$1,499,000

3 beds2.5 baths2,060 sq ft

10205 Collins Ave #206, Bal Harbour, FL 33154

(305) 865-9811

$322,000

2 beds2 baths974 sq ft

1065 98th St #1, Bay Harbor Islands, FL 33154

(305) 809-7650

$569,000

1 bed1 bath800 sq ft

8911 Collins Ave #1103, Surfside, FL 33154

(305) 722-7969

Home values near 38 Indian Creek Island Rd

Data from public records.

Address	Redfin Estimate
41 Indian Creek Island Road, Indian Creek Village, FL 5 Beds \| 5 Baths \| 9190 Sq. Ft.	$27,697,828
40 Indian Creek Island Road, Indian Creek Village, FL 7 Beds \| 8 Baths \| 7535 Sq. Ft.	$32,853,402

Address	Redfin Estimate
35 Indian Creek Island Road, Indian Creek Village, FL 8 Beds \| 7 Baths \| 8040 Sq. Ft.	$22,284,098
36 Indian Creek Island Road, Indian Creek Village, FL 6 Beds \| 8.5 Baths \| 8510 Sq. Ft.	$40,446,620

Address	Redfin Estimate
39 Indian Creek Island Road, Indian Creek Village, FL 4 Beds \| 5 Baths \| 9827 Sq. Ft.	$28,867,029
9124 Bay Drive, Surfside, FL 3 Beds \| 2 Baths \| 2383 Sq. Ft.	$4,015,050

Property information provided by MARMLS when last listed in 2020. This data may not match . Learn more.

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