New $ Record for a Single-Family Home in Miami - Rava Realty

New $ Record for a Single-Family Home in Miami

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A waterfront mansion on the exclusive Indian Creek Island sold for $49.9 million, setting a new record for single-family home sales in Miami.

Property records show AVK Land Holding LLC, managed by Russian attorney Andrey M. Kaydin, sold the 10-bedroom, 14-bathroom home at 3 Indian Creek Island Road to Angouleme Holdings II Limited Land Trust, which could be the same trust as one managed by Qatari businessman Abdulhadi Mana Al-Hajri, The Real Deal reports.

The nearly $50 million deal shatters a previous record for single-family home sales in Miami-Dade County, held by the same property when it sold in 2012 for $47 million.

 

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