This $59 million mansion on the high-security Miami island known as 'Billionaire's bunker' is now accepting payment in Bitcoin — check it out

Todd Michael Glaser/Dina Goldentayer
A $59 million mansion on a 300-acre island in Miami now accepts bitcoin as payment.
The listing could set a new record for the most expensive properties bought with cryptocurrency.
It is located in the "Billionaire's Bunker", a maximum security enclave where Tom Brady and Ivanka Trump live.
This $59 million mansion in Miami's star-studded Indian Creek neighborhood now accepts payments in Bitcoin.
A rendition of 37 Indian Creek in Miami Beach, FL. Todd Michael Glaser/Dina Goldentayer
It could be the most expensive real estate purchase ever made in cryptocurrency, as Forbes first reported. The record is currently held by a penthouse in nearby Surfside that was bought last year by an unnamed buyer for $22.5 million in crypto.
A living room in Surf Side's Arte condominium. One of its end-to-end penthouses sold for $22.5 million in cryptocurrency last year. Art Surfside
Source: Forbes, Insiders
DISPLAY
The mansion sits on a 300-acre island known as "Billionaire's Bunker," connected to Surfside, Miami by a single bridge. The only entrance is guarded by members of the municipality's private police force.
Todd Michael Glaser/Dina Goldentayer
Source: Insiders
The affluent enclave earned its name thanks to its high-profile residents, including Tom Brady, Gisele Bundchen, Ivanka Trump, Jared Kushner, and Enrique Iglesias.
Tom Brady and Gisele Bundchen attend the 2019 Met GalaJohn Shearer/Getty Images for THR
It borders the Indian Creek Golf Course, home to an exclusive country club that was accused of discriminating against black and Jewish residents in the early 2000s, local outlets reported. According to the Wall Street Journal, the club rejected the allegations.
Todd Michael Glaser/Dina Goldentayer
Source: Orlando Sentinel (2000), Wall Street Journal
DISPLAY
Developer Todd Michael Glaser bought 37 Indian Creek Island Road for $24 million last summer from the TV host known as "Don Francisco," according to the Miami Herald.
Todd Michael Glaser/Dina Goldentayer
Source: Miami Herald
The original home will be demolished and replaced with a "tropical modern playhouse," a Glaser spokeswoman told Insider. It should be ready for occupancy within 18 months.
Todd Michael Glaser/Dina Goldentayer
The new build includes 12 beds and 13.3 baths, 12 foot ceilings, a club room, cook and prep kitchens, media room and exercise facility.
Todd Michael Glaser/Dina Goldentayer
Source: Douglas Elliman
The spec home also features a four-car garage, shown in the digital render below.
Rendering of 37 Indian Creek Island Road in Miami Beach, FL. Dina Goldentayer
Its backyard contains "lush landscaping," 134 feet of water frontage, a large deck, pool, and tanning beds, the listing says.
Todd Michael Glaser/Dina Goldentayer
When asked why he decided to accept bitcoin for this project, Glaser said, "If Gucci accepts bitcoin, so will Todd Michael Glaser."
Photo by Gary Hershorn/Getty Image
"I think that would be a game changer for the industry," listing broker Dina Goldentayer told Insider. “As more methods of crypto conversion become popular and sellers become more familiar with the process, buying and selling real estate using crypto is bound to become more common.”
The Miami Bull is shownWilfredo Lee/ AP
The announcement comes amid a volatile week for Bitcoin, which fell 50% from Thursday's record high. However, Glaser sees this as a potential upside to the listing as crypto holders may look to make money and buy hard assets, he said.
A bitcoin coin lies on a screen showing the BitcoinFernando Gutierrez-Juarez alliance/Picture via Getty Images
Goldentayer believes the home will "attract a large family or tech bachelor with an extended entourage who want the ultimate in luxury and privacy" and has a penchant for modern architecture.
Douglas Elliman's Dina Goldentayer Courtesy of Dina Goldentayer
Read the original article on Business Insider
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