He and his wife, Priscilla Chan, are buying a newly built waterfront mansion in the ultra exclusive Indian Creek community. <\/p>\n
The property\u2019s seller is a limited liability company with ties to Jersey Mike\u2019s Subs founder Peter Cancro, sources told WSJ.<\/p>\n
While it\u2019s not clear if the deal has closed yet, local real estate agents told WSJ that the 2-acre property would likely sell for $150 million to $200 million.<\/p>\n
Indian Creek, a village located on a man-made barrier island off Miami Beach in Biscayne Bay, has long been dubbed the \u201cBillionaire Bunker.\u201d <\/p>\n
Zuckerberg joins other Silicon Valley billionaires who have purchased homes in South Florida after a so-called \u201cbillionaire tax\u201d was proposed by a union representing health care workers in California. <\/p>\n
If the proposal moves forward, it would collect a one-time 5 percent tax from California residents worth $1 billion or more. There are about 200 billionaires in the state, according to documents filed by an attorney<\/a> representing those behind the initiative. <\/p>\n Google co-founder Larry Page, spent $188 million on several properties earlier this year to assemble a waterfront estate in Miami\u2019s Coconut Grove neighborhood, the New York Post reported<\/a>. <\/p>\n Another Google co-founder, Sergey Brin, is also buying a $50 million oceanfront home on Miami Beach\u2019s Allison Island, the Post said earlier this month<\/a>. <\/p>\n Billionaires Ken Griffin and Stephen Ross, who already call the Sunshine State home, recently launched a $10 million initiative called Ambition Accelerated geared toward convincing CEOs and high-level business leaders to relocate to South Florida, the Tampa Bay Times reported<\/a>. <\/p>\n