Jeff Bezos acquires third mansion on exclusive Miami island, sparking elite envy

Real Estate

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By Mary K. Jacob

Jeff Bezos, the titan behind Amazon, is further solidifying his grip on the coveted Indian Creek island with the purchase of a third mansion.

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

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

This bold move, however, isn’t sitting well with some of the island’s affluent inhabitants, who were eyeing their own piece of the exclusive enclave.

“This is the hottest spot in the country right now. If there is one thing wealthy elites want, it is a slice of exclusivity,” a source familiar with the areas real estate confided. “Property on the island is already scarce, so there is no doubt that Bezos making off-market deals will rile up a few who have been eyeing homes there.”

The exclusive 300-acre island only holds 41 residential homes and the Indian Creek Country Club.

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

Records indicate that the property last changed hands in 1998 for a mere $2.5 million, showcasing the astronomical rise in its value over the years.

Bezos’ latest foray into the Miami real estate scene comes hot on the heels of his decision to relocate from the Seattle region 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 on Indian Creek, totaling a jaw-dropping $147 million, firmly established him among the island’s elite denizens.

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

Indian Creek, often referred to as the “Billionaire Bunker,” boasts a roster of distinguished residents, including power couples Jared Kushner and Ivanka Trump, football icon Tom Brady, and renowned 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 plans and investment strategies.

In February, he offloaded Amazon shares worth a staggering $8.5 billion, marking his first significant divestment from the company since 2021. The destination of these proceeds remains a mystery, adding fuel to the speculation surrounding Bezos’ financial maneuvers.

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

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