Jeff Bezos Acquires Third Mansion On Exclusive Miami Island, Sparking Envy Of Elites

Real estate

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By Mary K. Jacob

Jeff Bezos, the titan behind Amazon, is further strengthening his hold on the coveted Indian Creek Island with the purchase of a third mansion.

The transaction, which took place off-market, would have a staggering price of around $90 million, according to Bloomberg, making it another feather in Bezos’ real estate cap.

Sources familiar with the matter revealed to the Post that Bezos planned to take up residence in this new acquisition while orchestrating the demolition of his two previous island properties.

The bold move, however, did not sit well with some of the island’s well-off residents, who were eyeing their own share of the exclusive enclave.

“It’s currently the hottest place in the country. If there’s one thing wealthy elites want, it’s a piece of exclusivity,” said a source close to the region’s real estate industry. “Properties on the island are already scarce, so there’s no doubt that Bezos’ off-market deals will annoy those considering homes there.”

The exclusive 300-acre island is home to just 41 residential homes and the Indian Creek Country Club.

Representatives for Bezos declined to provide any comment on the matter.

Records indicate the property last changed hands in 1998 for just $2.5 million, a testament to the astronomical increase in value over the years.

Bezos’ latest foray into the Miami real estate scene follows his decision to move from the Seattle area to the Sunshine State.

With a net worth of $203.7 billion, according to the Bloomberg Billionaires Index, Bezos is no stranger to luxury living.

His previous acquisitions at Indian Creek, totaling a staggering $147 million, have firmly established him among the island’s elite residents.

With the addresses 11 Indian Creek Island Rd, 12 Indian Creek Island Rd and its latest acquisition at 28 Indian Creek Island Road, the price tag currently invested in the area now stands at a whopping $237 million.

Indian Creek, often referred to as the “billionaire’s bunker,” has a list of distinguished residents, including power couples Jared Kushner and Ivanka Trump, football icon Tom Brady, and famed investor Carl Icahn.

Bezos’ presence on the island adds yet another luminary to its star-studded lineup.

While Bezos’ financial prowess is undeniable, his recent actions have raised questions about his long-term investment plans and strategies.

In February, he sold Amazon shares worth a staggering $8.5 billion, marking his first significant divestment from the company since 2021. Where those profits went remains a mystery, fueling speculation around the financial maneuvers by Bezos.

Beyond his Miami acquisitions, Bezos has an impressive portfolio of properties, including homes in Washington, a lavish estate in Maui, and a lavish mansion in Beverly Hills, acquired for a whopping $165 million in 2020.

The seller of Bezos’ latest acquisition, located at 28 Indian Creek Island Road, is identified as former banker Javier Holtz.