Is Billionaire Bunker the New Star Island?

October 29, 2024
1 min read
Architectural Digest logo


The Miami area has more than a dozen islands. There’s Star Island, once home to Shaq. There’s La Gorce Island, preferred by Lil Wayne and Cher. Then there’s Billionaire Bunker. Since the man-made barrier island’s creation in the early 1900s, it’s been known as Indian Creek. But with a slew of new big-money buyers in the past decade—including Jeff Bezos, Ivanka Trump and Jared Kushner, Tom Brady, and other business titans and entertainers—the alliterative title has taken hold.

Though the concentration of extreme wealth is a relatively new development, the area has always been home to the affluent. Certain elements of the attraction to Indian Creek have remained the same since the village was incorporated in 1939. Nearly all of the island’s 41 homes are situated on at least an acre of land, and each boasts waterfront access—two highly desirable qualities.

“It’s really in a league of its own,” says Andrew Holtz, a Miami-based agent with the Nancy Batchelor Team at Compass. Holtz’s family owned a home on the island from 2003 to 2024. “The land itself really sets it apart. That land size on the water, it almost doesn’t exist.”

At the heart of the island is Indian Creek Country Club, which, per the Miami New Times, was the center of the locale’s social scene in the years following World War II. Nowadays, only a small percentage of the island’s residents are members of the highly exclusive club. “[Owning a house on the island] doesn’t mean that you have access to the club. It’s its own totally separate entry process,” Holtz says. In his opinion, the look of the establishment is a perk even for those who can’t get in. “It’s still something that’s nice to have on the island, aesthetically.” According to Holtz, the people of Billionaire Bunker tend to keep to themselves for the most part these days; a more discreet environment is ideal for the current crop of celebrity residents.



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

Telangana Government Establishes 25 Urban Development Authorities for Comprehensive Infrastructure Growth, ET RealEstate
Previous Story

Telangana Government Establishes 25 Urban Development Authorities for Comprehensive Infrastructure Growth, ET RealEstate

Acconto's novel lease deposit financing • RENX
Next Story

Acconto’s novel lease deposit financing • RENX

Latest from Blog