Julio Iglesias buys $15.2M home in Indian Creek

Indian Creek Island and Julio Iglesias

Singer Julio Iglesias has paid $15.2 million for a home adjacent to the empty lot he owns on Indian Creek Island. Sources say Iglesias wants to demolish the property, which is located at 7 Indian Creek Drive, to build a new home. The six-bedroom, five-bathroom, 5,504-square-foot home had an assessed value of $7.73 million last year, according to the Miami-Dade County Property Appraiser’s office. Iglesias’ mansion at 5 Indian Creek Drive was listed for $28 million in 2006, among the most expensive homes in the United States at the time. After failing to sell it, the singer demolished the property in 2008. It remains a vacant lot.