As they prepare for life after the White House, Ivanka Trump and Jared Kushner have snatched up a $31.8 million lot of land on Miami’s elite private island, Indian Creek Island, or “Billionaire’s Bunker” as it’s also known, Page Six reported on Monday.

After looking at several properties and lots in Miami and Palm Beach, according to Page Six, it’s believed the couple bought Lot 4 on the island in order to build a bayfront estate. The deal is scheduled to close on December 17.

Indian Creek Island is a guarded, gated community just northwest of Miami Beach. Forty-one luxury residences on the 300-acre island are guarded by the State of Florida police force, as well as a 24/7 armed marine patrol in the island’s surrounding waters. Amenities on the island include an 18-hole golf course and country club, lush gardens and properties with “resort-style pools.”

The island is located about an hour away from Trump’s Mar-a-Lago Club, and is also in close proximity to the $22 million Miami property Kushner’s younger brother, Joshua, recently purchased with supermodel wife Karlie Kloss.

The lot Trump and Kushner purchased is reportedly 1.84 acres with 200 feet of private waterfront. Taxes on the property are $472,764 per year.

A number of other well-known celebrities have been residents of the island in the past, including Spanish singer Julio Iglesias, pro golfer Raymond Floyd, billionaire investor Carl Icahn, model Adriana Lima and Saudi Arabian sheik Mohammed al-Fassi.

“Indian Creek is a magnificent parade of palatial homes exuding extravagance, with panoramic, breathtaking views of Biscayne Bay, the skyline of Downtown Miami, and a premier location of South Florida and the world,” the island’s website reads.

“The Kushners have been looking to purchase property in Florida for quite some time, and will also maintain their home in New York,” a source familiar with the deal told Page Six. With much of the couple’s family and friends having moved to the area, according to the source, their own move comes as no surprise.

For the past four years, Trump and Kushner have lived in D.C.’s elite Kalorama neighborhood with their three children where they have been renting a home from Chilean millionaire Andrónico Luksic at the tune of $15,000 a month. In addition to their new Florida property, the couple will continue to keep their Park Avenue apartment in New York City and their cottage near the Trump National Golf Club in Bedminster, New Jersey, which is currently undergoing expansion.

Email Lillian Dickerson

Show Comments Hide Comments
Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Success!
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription
×