Miami’s Priciest New Listing Is a $200 Million Ferris Rafauli Fantasy on Indian Creek

Miami has seen its share of trophy estates crest the $100 million mark this year, but none have arrived with the artistic swagger—or price tag—of this 27,889-square-foot masterpiece on Miami's exclusive Indian Creek island. 

Listed for $200 million by The Jills Zeder Group, the limestone-clad estate is currently under construction and nearly complete, according to listing agents Jill, Danny and Hillary Hertzberg, "giving the future buyer a unique opportunity to finish it to their own specifications."

Conceived by Ferris Rafauli, the Canadian architect-designer best known for his couture-level craftsmanship and his work on Drake’s famed Toronto residence (per media reports), the Indian Creek masterpiece promises to be an another one of his immersive, museum-like studies in what he calls “luxury living art.”

Rafauli’s signature will be unmistakable from the moment you step inside. Known for merging architecture, interiors, and sculptural art into one cohesive language, he layers monumental scale, precise geometry, and luxuriously tactile materials—limestone, suede, lacquer, bronze—into spaces that feel both cinematic and intimate. At Indian Creek, that vision takes shape in 38-foot ceilings, tailored architectural detailing, and a series of rooms that reveal themselves like curated installations.

The setting elevates everything. Spread across nearly two acres with 200 feet of Biscayne Bay frontage, the residence is designed to dissolve the boundary between indoors and out. Serenity comes from the uninterrupted water views; drama comes from the bespoke craftsmanship. The nine-bedroom layout is anchored by a moody private jazz lounge, a soaring double-height library with a hidden passage, and a 1,500-gallon aquarium glowing like a kinetic sculpture between the kitchen and dining room.

Wellness rises to resort level with a Himalayan salt-wall sauna, steam room, salon, and a sprawling primary wing that spans half of the second floor.

Outside, the estate becomes an all-season retreat. A 60-foot pool, an elegant cabana, and a 135-foot dock built for a serious yacht stretch out toward open bay views. Even as it approaches completion, the home already reads as a fully realized Rafauli creation—atmospheric, sculptural, and unapologetically grand.

Jill Hertzberg calls it "a statement of design, luxury and legacy" that "sets a new benchmark for exclusivity and craftsmanship.”

Even as Miami cements its status as one of the world’s most competitive luxury markets, this property stands apart as one of the most significant offerings to reach Indian Creek Island in a generation. 

View the complete listing by The Jills Zeder Group.