Jeff Bezos, the billionaire Amazon founder, continues to bolster his real estate holdings in the Miami area with the acquisition of a third mansion on Indian Creek island. The purchase, valued at $90 million, marks Bezos’s latest move as he transitions from Seattle to Miami.
The Acquisition
According to Bloomberg, Bezos finalized the purchase of the six-bedroom property in an off-market deal. Indian Creek island, often dubbed “Billionaire Bunker,” is situated on Biscayne Bay and is renowned for its exclusivity. With fewer than 100 residents, including prominent figures like Ivanka Trump and Tom Brady, the island is accessible only via a gated bridge.
Bezos’s Expansion Plans
Bezos intends to reside in the newly acquired mansion while overseeing the demolition of two other properties he bought on the island. His initial investment in Miami’s real estate market began with a $68 million waterfront mansion in August, followed by the purchase of a seven-bedroom estate for $79 million several months later.
Motivation Behind the Move
Bezos announced his relocation to Miami in November, citing a desire to be closer to family and Blue Origin’s Cape Canaveral operations. Florida’s favorable tax environment, characterized by the absence of a capital-gains tax, may have also influenced his decision.
Bezos’s Real Estate Holdings
Bezos’s Miami acquisitions complement his extensive real estate portfolio, which includes two adjacent mansions in Beverly Hills, California, a Texas ranch, and the $500 million superyacht named Koru. Notably, Bezos has a history of purchasing neighboring properties, a practice he also employed at his former residence in the Hunts Point enclave near Seattle, where some of the properties were designated for security and staff use.
As Bezos continues to expand his real estate empire, his presence in Miami’s luxury housing market underscores the city’s growing appeal among high-net-worth individuals seeking both lifestyle amenities and favorable tax conditions.
