Foreign Property News | Posted by Shwe Zin Win
This couple sold their house for $87 million and then downsized — to a $17.25 million penthouse.
Retired banker Javier Holtz and his spouse, Andria, sold their Indian Creek, Florida, home to Amazon titan Jeff Bezos, one of the world’s richest people. Then they went on a search for something smaller.
In this case, that meant buying a $15.75 million penthouse with its own pool and throwing in an additional $1.5 million or so for the furniture. The sale was first reported by the Real Deal.
(Javier and Andria Holtz. Javier Holtz/ Facebook)
(The penthouse comes with a 4,000-square-foot terrace. Iglesias Photography.com / @iglp11)
(The Ritz-Carlton Residences in Miami Beach. IglesiasPhotography.com / @iglp11)
(The couple will enjoy views from massive exposures. IglesiasPhotography.com / @iglp11)
(One of the bedrooms opens to the terrace. IglesiasPhotography.com / @iglp11)
Javier, the former chairman and CEO of Marquis Bank, and Andria sold their seven-bedroom, seven-bath residence at 28 Indian Creek Island to Bezos in April after buying it for $2.5 million in 1998, sources told Gimme Shelter.
It’s Bezos’s third home purchase in the gated community, bringing his total investment in properties on the ritzy island enclave to $234 million.
Neighbors include Mike Piazza, the All-Star former New York Mets catcher and Hall of Famer, and supermodel Cindy Crawford and her husband Rande Gerber.
(source described the splashy property as a “home on a rooftop” with panoramic city views. IglesiasPhotography.com / @iglp11)
(A view of the gracious layout.IglesiasPhotography.com / @iglp11)
(The temperature-controlled wine case.IglesiasPhotography.com / @iglp11)
Ref: Florida couple downsizes to a $17.25M penthouse after selling their home to Jeff Bezos for $87M (nypost)
Photo Credit- IglesiasPhotography.com / @iglp11, Javier Holtz/Facebook