Where Does Don Francisco Live in Florida? The Indian Creek Estate He Sold for $24 Million

Where does Don Francisco live? Mario Kreutzberger, the Chilean host who ran Sabado Gigante from Miami for 29 years, lives in a condo near Indian Creek. That is in the northern part of Miami-Dade County. Until 2021 he owned a house on Indian Creek itself. That is the private island of 41 homes the press calls the Billionaire Bunker. He sold it for about $24 million to a developer who planned to knock it down. Here is what reporting says about the house he had, the sale, and where he went.

Key takeaways

• Indian Creek Village, sold in 2021: BioBioChile reported a sale of $23.8 million to developer Todd Michael Glaser and partners, who planned to replace the 1987 house.
• Bought for about $6 million: Diario Financiero reported the original price; the purchase year was not stated.
• About 7,500 square feet on the island's waterfront, with an elevator he added between floors, per the same reports.
• He bought a condo a few blocks away for under $12 million, less than half the sale proceeds, per Diario Financiero. Indian Creek itself shows zero active listings in our MLS feed as of September 2026.

Where does Don Francisco live in Florida?

Don Francisco lives in the Bal Harbour and Surfside area of Miami-Dade County, in a condo a few blocks from his former home on Indian Creek. That is as specific as the reporting gets. Diario Financiero, the Chilean business daily, reported that after the 2021 sale he bought an apartment near the old house. He paid less than half of what he had received. The building was not named, and Pure Equity does not publish private addresses in any case.

For most of his Miami years he lived on Indian Creek Village, a gated island in Biscayne Bay across from Surfside. The village has its own police force, a private golf club that takes up most of the island, and a 24-hour marine patrol, per Diario Financiero. Only 41 homes ring the course. Residents over the years have included Julio Iglesias, Jeff Bezos, Tom Brady, Ivanka Trump and Jared Kushner. That list is how the island got its nickname.

Kreutzberger arrived in Miami in 1986 when Univision, then SIN, picked up Sabado Gigante from Chile. The show ran from the network's Miami studios until 2015. He turned 80 in December 2020, a few months before the sale.

Inside the reported Indian Creek home

The house dates to 1987, per BioBioChile, and grew through several expansions over the years. Diario Financiero put the size at almost 700 square meters, which is roughly 7,500 square feet. That is small by Indian Creek standards, where new builds often top 20,000 square feet. It explains why the buyer wanted the lot rather than the house.

One detail both outlets picked up was the elevator. Kreutzberger had one installed between the first and second floors to make the house easier for family members to get around. Beyond that, the reports describe frontage on the bay and the usual island privacy. No bedroom count or interior tour was published.

The sale itself was off-market. BioBioChile reported that Todd Michael Glaser paid $23.8 million with partners. Glaser is a Miami developer known for buying older waterfront houses to replace them. Diario Financiero rounded it to nearly $24 million. Glaser's group announced plans to demolish the 1987 house and build new. They expected the finished home to sell for more than double what they paid. Kreutzberger had paid about $6 million for the property, so the sale returned roughly four times his cost.

Why Don Francisco chose Indian Creek and then left

The move to Miami was a job. Sabado Gigante had run in Chile since 1962, and Univision brought it to the United States in 1986. For nearly three decades Kreutzberger taped in Miami every week, so a home near the studios and the airport made sense. Indian Creek gave him privacy at a time when he was one of the most recognizable faces on Spanish-language television.

The reason for selling was stated plainly. Diario Financiero, citing people close to him, reported two reasons. At 80 the house had become far too large for his needs, and the offer was too strong to pass up. The show had ended in 2015, so the daily commute no longer mattered. A condo near the old neighborhood kept him close to friends, his doctors and the ocean. It also cut out the upkeep of a bayfront estate.

The buyer's logic was different. On Indian Creek, land is the asset. A 1987 house of 7,500 square feet on a lot that can hold three times that is worth more empty than standing.

The timing also matched the market. Mid-2021 was the peak of the pandemic rush into South Florida, when buyers from New York and the West Coast were paying record prices for waterfront lots. Indian Creek drew more of that money than any other street in the county. Selling into that wave, off-market, with no listing photos and no open house, is about as clean an exit as a private owner can get.

Where else does Don Francisco live?

Chile remains his second base. Kreutzberger was born in Talca in 1940 and built his career in Santiago. He still leads the Chilean Teleton, the annual charity event he founded in 1978. He travels there often for the event and for television work. Reporting we found does not describe a specific Chilean home, so we will not.

In Florida, the record shows a single move: from the Indian Creek house to a condo nearby. There is no reported second property in the state. That puts him in the same group as Cristina Saralegui. She is another Univision star who sold a large Miami estate in her later years and went smaller.

What homes near Don Francisco cost

Indian Creek is the thinnest market in South Florida. Our MLS feed as of September 2026 shows zero active listings on the island. With 41 homes and owners who rarely sell, most deals happen off-market, as Kreutzberger's did. Recent reported sales there have run from $24 million for teardown lots to well over $100 million for finished estates.

The condo market across the bridge is a different world. Bal Harbour shows about 155 active listings with a median list price of about $2.7 million and an average of roughly 200 days on market. Surfside, just south, has about 130 listings with a median near $1.1 million. A condo bought for under $12 million, as reported, would be among the larger oceanfront units in either town.

Buyers who want that kind of home can start with our oceanfront condos and luxury homes collections. Owners of older houses on the bay islands should note what the Glaser purchase showed: buyers there pay for the lot, and a well-kept 1980s house rarely adds to the number.

The gap between the two markets is the point of his move. He traded a house on an island with no listings for a unit in a town with more than a hundred. That means a quicker sale if he ever needs one, a building that handles the roof and the seawall, and neighbors on every side. For an owner in his eighties, those things count for more than a private dock.

Frequently asked questions

Where does Don Francisco live now?

In a condo a few blocks from Indian Creek, in the Bal Harbour and Surfside area of Miami-Dade County, per Diario Financiero. The building has not been reported.

Where in Indian Creek does Don Francisco live?

He no longer lives on the island. His former house was on Indian Creek Village's waterfront, and the developer who bought it planned to replace it. We do not publish addresses.

Where does Don Francisco live full time?

Miami has been his full-time base since 1986, and the answer to where does Don Francisco live is still the Miami area today. He travels to Chile often for the Teleton and other work.

How much did Don Francisco sell the Indian Creek home for?

About $24 million, per Diario Financiero, with BioBioChile reporting the figure as $23.8 million. He had paid about $6 million for the property.

Who bought Don Francisco's Indian Creek house?

Developer Todd Michael Glaser and partners, per BioBioChile. The group planned to tear down the 1987 house and build a larger one to sell.

Can you buy a home on Indian Creek?

Rarely. The island has 41 homes, and our MLS feed shows none for sale as of September 2026. Sales usually happen off-market between private parties.

If you own a home in Bal Harbour, Surfside or anywhere in Miami-Dade County and want to know what it is worth today, request a free home valuation from Pure Equity. Buyers can browse Bal Harbour listings or explore oceanfront condos across South Florida. For other Indian Creek stories, read where Mark Zuckerberg lives and where Cristina Saralegui lives.

Sources

• BioBioChile, Mario Kreutzberger sells his Miami Beach mansion for $24 million
• Diario Financiero, what Mario Kreutzberger did with the sale of his Miami house
• Wikipedia, Don Francisco (television host)

Based on publicly reported information; details may change and are not independently verified by Pure Equity. We do not publish private addresses.