Inside Indian Creek Island, Miami’s Billionaire Bunker

Any mere multimillionaire can buy ocean views and build teak docks for 100-foot bespoke boats. The world’s richest pay top dollar for a far more exclusive amenity: security. Such is the case with Miami’s billionaire island fortress, Indian Creek. A Russian mystery buyer recently plunked down $47 million for a plot in Miami-Dade County’s most expensive sale ever (the price eclipsed hedge fund billionaire Edward Lampert’s record-breaking purchase in April for a home right down the street).

The barrier island touts only 40 waterfront property parcels arranged around an ultra private 18-hole golf course. Don’t think about washing ashore to sneak in a quick 18 holes: The sole entrance is heavily guarded, and a private police force patrols the island via boat, jeep and Jet Ski 24 hours a day. Super secure, unless you consider the Iglesias family a major threat.

Here’s just a few of the high-profile folks with Indian Creek Island addresses:

1 Indian Creek Drive

Owner: Norman Braman, car dealership billionaire

Sale price: $3.9 million in 1991

The home: County’s priciest sale at the time; 19,000-square-foot house with 8 bedrooms and 10 baths

3 Indian Creek Drive

Owner: Anonymous Russian buyer

Sale price: $47 million in August 2012

The home: Resort like spec compound by Bal Bay Development; amenities include a spa pavilion, 7-limo garage, rooftop bar with Jacuzzi

Indian Creek Drive

Owner: Julio Iglesias, Latin singer and father of pop star Enrique

Sale price: $14.8 million in June 2012

The home: One of 5 lots owned; razed house at 30 Indian Creek; living here while new mansion built next door

9 Indian Creek Drive

Owner: Robert Diener, tech entrepreneur

Sale price: $19.2 million in March 2012

The home: Sold by Calvin Klein Chairman Barry Schwartz; undeveloped 3-acre parcel

12 Indian Creek Drive

Owner: Leroy Schecter, chairman of steelmaker Marino/Ware Industries

List price: $45 million

The home: 22,000 square feet with theater, gym, 7-car garage and elevator is up for sale; Schecter to donate proceeds to charity

14 Indian Creek Drive

Owner: Edward Lampert, hedge fund billionaire

Sale price: $38.4 million in April 2012

The home: Sold by PLC Investments’ Paul Cejas; 17,700-square-foot neo-Palladian manse with arrival court

16 Indian Creek Drive

Owner: Don Shula, retired football coach for the Miami Dolphins, and wife Mary Anne

Sale price: N/A; ownership granted to Mary Anne in divorce from late billionaire Jackson Stephens

The home: The 2012 tax assessment on the 13,300-square-foot home is$4.5 million

17 Indian Creek Drive

Owner: Charles Johnson, mutual fund billionaire

List price: $38 million

The home: 1997 purchase for $3.75 million; rebuilt 16,000-square-foot Mediterranean with boat dock

22 Indian Creek Drive

Owner:Adriana Lima, super model, and husband Marko Jaric, pro basketball player

Sale price: $9 million in 2009

The home: Built in 1958; 7,600-square-foot Regency-style house is fresh off a 2-year remodel

24 Indian Creek Drive

Owner: Carl Icahn, leveraged-buyout billionaire

Sale price: $7.5 million in 1997

The home: 14,000-square-foot vacation house purchased out of foreclosure

36 Indian Creek Drive

Owner: Alex Meruelo, real estate entrepreneur

Sale price: $7.05 million in 2008

The home: 8,500-square-foot house with twin staircases, domed ceiling, frescoes

40 Indian Creek Drive

Owner: Geert-Jan Bakker, chief executive of Dutch company Bakker Magnetics

Sale price: $9.3 million in 2010

The home: Sold by celebrity power couple Beyonce & Jay-Z; 7-bedroom, 8-bath Mediterranean with boat dock

Indian creek village

Source: Forbes