Inside Ivanka's $24 Million 'Billionaire Bunker' Mansion With A $15 Million Mortgage

A two-year renovation has transformed a neoclassical estate into one of Miami’s most notable modern mansions as Ivanka Trump and Jared Kushner complete work on their $24 million Indian Creek Island property.

Property records analyzed by Realtor.com show the couple secured a $15 million mortgage for the six-bedroom, 8.5-bathroom compound purchased from billionaire Alex Meruelo in April 2021. The extensive renovation stripped the property to its shell before reimagining it as a contemporary entertainment space.

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According to the Realtor report, the reconstructed mansion retains several original architectural features, including 26-foot-high ceilings, open living areas and a signature double staircase. According to Miami-Dade County building plans, new additions include a chef’s kitchen adjacent to the dining room and a primary suite with dual closets and a spa bathroom.

Outdoor amenities received particular attention during the renovation. The property’s swimming pool was completely rebuilt and the pool cabana now features modern wellness amenities including a sauna, steam room and cold plunge pool. A private boat dock provides direct access to Biscayne Bay.

The location itself adds value to the property. Indian Creek Island, nicknamed “Billionaire Bunker,” hosts just 34 homes and maintains its police force. Notable neighbors include tech mogul Jeff Bezos and former NFL star quarterback Tom Brady.

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Prior to moving into their Indian Creek residence late last year, the couple lived in Arte Surfside, occupying a $17 million six-bedroom waterfront apartment. Their new property is in Miami’s ultra-luxury market, where high-end renovations and security features command premium prices.

According to Realtor, the exterior renovation replaced traditional wooden accents with contemporary black trim against fresh white paint, while interior spaces now showcase an industrial aesthetic. The transformation reflects broader trends in Miami’s luxury real estate market, where modern designs increasingly replace classical architecture.

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Since completion, the property’s entertainment spaces have already hosted several gatherings, including wellness events and family celebrations, establishing it as an addition to Miami’s high-end residential landscape.

The move marks a shift in the Trump family’s real estate footprint in Florida.

While Ivanka and Kushner chose Miami’s exclusive island enclave, other family members have established residences further north. Eric and Donald Trump Jr. opted for Jupiter properties closer to the former president’s Mar-a-Lago estate.

The family’s geographic spread across Florida’s affluent coastal communities points to their continued investment in the state’s premium real estate market, where luxury properties routinely command eight-figure price tags and extensive security features.

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