Mark Zuckerberg is the latest tech titan to splash huge cash on a Florida property as billionaires continue to shun the Golden State, according to a new report. <\/p>\n
The Meta CEO and his wife Priscilla Chan purchased an estate on Miami\u2019s Indian Creek that likely sold for between $150 million and $200 million, the Wall Street Journal reported<\/a>.<\/p>\n Mark Zuckerberg and his wife Priscilla Chan, co-founder and co-CEO of the Chan Zuckerberg Initiative, in Nov. 2025. AP<\/p>\n \t\t\t\t\t\t\tThe California Post is here. Sign up for Morning Report.\t\t\t\t\t\t<\/p>\n \n\t\t\t\t\t\t\tGet the perfect blend of news, sports and entertainment delivered to your inbox every day.\t\t\t\t\t\t<\/p>\n \t\t\t\t\t\tThanks for signing up!\n\t\t\t\t<\/p>\n Aerial images obtained exclusively by The Post show a sprawling waterfront compound spanning multiple adjacent lots on Indian Creek, a gated barrier island nicknamed \u201cBillionaire Bunker<\/a>\u201d for its ultra-wealthy residents, including David and Victoria Beckham, Tom Brady and Jeff Bezos, among others.<\/p>\n The estate stretches along Biscayne Bay, with reinforced seawalls and several private docks extending into the turquoise water, offering direct access for boats and yachts.<\/p>\n A large, newly built main residence stands at the center of the compound \u2014 flanked by palm-lined walkways and manicured grounds.<\/p>\n Construction equipment and unfinished landscaping visible in the images show the home is in its final stages of completion.<\/p>\n Follow The Post\u2019s coverage of California\u2019s wealth tax<\/p>\n Several interior sections show bare ground, patchy soil and areas awaiting sod, plantings or final grading \u2014 suggesting the landscaping phase is not yet complete.<\/p>\n Parts of the roofs, terraces and walkways appear newly installed \u2014 with no visible furniture or finished outdoor amenities<\/p>\n Aerial images of the property show a sprawling waterfront compound spanning multiple adjacent lots on Indian Creek. New York Post<\/p>\n Indian Creek is a gated barrier island nicknamed \u201cBillionaire Bunker\u201d for its concentration of ultra-wealthy residents. New York Post<\/p>\n The property backs onto a lush golf course and parkland, providing a buffer of open green space behind the home. New York Post<\/p>\n The property backs onto a lush golf course and parkland, providing a buffer of open green space behind the home, while bridges and causeways connect the island to Miami Beach and the mainland.<\/p>\n Agents and brokers in Miami said there has been an influx of Californians looking for ultra-luxury properties to snatch up in the area.<\/p>\n Google co-founder Larry Page purchased multiple properties in Miami<\/a> for around $188 million in recent months, while fellow co-founder Sergey Brin is in talks to buy a $50 million home in Miami Beach.<\/p>\n The purchases come as California legislators have proposed a one-time 5% \u201cbillionaire tax\u201d <\/a>to scrounge up funds for a health care system under strain after federal funding cuts.<\/p>\n Construction equipment and unfinished landscaping visible in the images suggest the home was recently completed or is in its final stages of completion. New York Post<\/p>\n Page moved several of his business entities<\/a> out of California to avoid the new tax.<\/p>\n Real estate agents believe California\u2019s potential new tax is sending billionaires out of the state and into tax havens like Florida.<\/p>\n \u201cThe 5% tax in California is really driving out people in a major way,\u201d Danny Hertzberg, a Miami real-estate agent at Coldwell Banker Realty, told the Journal.<\/p>\n Download The California Post App, follow us on social, and subscribe to our newsletters <\/p>\n California Post News: Facebook<\/a>, Instagram<\/a>, TikTok<\/a>, X<\/a>, YouTube<\/a>, WhatsApp<\/a>, LinkedIn<\/a> Gov. Gavin Newsom is opposed to the billionaires tax<\/a>, calling it a \u201cbadly drafted effort\u201d that has already had a \u201coutsized impact on this state.\u201d<\/p>\n The seller of the Zuckerberg property is a limited-liability company tied to Jersey Mike\u2019s founder Peter Cancro<\/a>.<\/p>\n The home sits on the barrier island of Indian Creek, also home to billionaire auto dealer Norman Braman<\/a>. Braman\u2019s wife Irma told the Journal that Zuckerberg planned to move into the Miami property by April.<\/p>\n \u201cWe\u2019re happy to have him,\u201d she said.<\/p>\n Zuckerberg\u2019s new home adds to his extensive real estate portfolio<\/a>, including mansions in Palo Alto, Lake Tahoe and on the Hawaiian island of Kauai.<\/p>\n Additional Reporting by Ariel Zilber.<\/p>\n \t\t\t\t\t\t
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