Miami's Most Expensive Home Lists for $32.5M

The most expensive existing waterfront home listing in Miami-Dade County is a $32.5 million, 16,000-square-foot mansion on Indian Creek Island, a private community where Supermodel Adriana Lima and her basketball-playing husband Marko Jaric purchased last year.

The price of the resale breaks the record of the $32 million list price steel magnate Leroy Schechter tried to fetch in 2007 on his equally-sized 7-bedroom estate on the island. (Both prices pale to the whopping $60 million list price of a 30,000-square-foot new construction on the island).