Florida couple downsizes to a $17.25M penthouse after selling their home to Jeff Bezos for $87M | CPT PPP Coverage

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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, 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. 

The Holtzes then bought a four-bedroom, 4½-bath penthouse at the Ritz-Carlton Residences, Miami Beach. It will be their primary residence, sources said.

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. 

The Holtzes’ new penthouse at 4701 Meridian Ave. first listed for $19.9 million six months ago. At 5,936 square feet, it features floor-to-ceiling windows, water views and a stunning wrap terrace that is a massive 4,000 square feet with panoramic city views.

“It’s more like a home on a rooftop,” a source said.

Partially enclosed, the terrace comes with a full outdoor kitchen. The private pool has ceramic blue tiles with a spa and a Baja shelf. The unit also features a home office, a floor-to-ceiling enclosed glass wine case, a chef’s kitchen, 13-foot-high ceilings throughout, a private elevator and a service elevator entrance. There’s also a 40-foot boat slip and a climate-controlled garage.

The sellers are James and Amy Dieterich, via an LLC. They paid $15 million for the residence in 2021. The listing broker was Coldwell Banker’s Grace Dieterich, who’s the sister-in-law of James. The buyers’ brokers were Andrew Holtz — the couple’s own son — and Nancy Batchelor of Compass. 

The Ritz-Carlton Residences were designed by Italian architect Piero Lissoni. Amenities include a private marina, a rooftop pool deck with cabanas and a restaurant grill. There’s also a yoga center, a meditation garden, a club room with a pool table, a virtual golf simulator and an art studio.