Amazon founder Jeff Bezos has recently bought a mansion located on the coveted Indian Creek island, his third in the area.
Bezos purchased his third home for $90 million in an off-market transaction, according to Bloomberg. The property, which features six bedrooms and nine bathrooms, was last sold in 1998 for $2.5 million to banker Javier Holtz.
Bezos already owned $147 million worth of property on the island before his recent purchase. He first bought a $68 million waterfront mansion in August. He added a seven-bedroom mansion, which he bought for $79 million, in October.
It is unclear what Bezos plans to do with the properties. Sources who spoke to Bloomberg said Bezos plans to live in the six-bedroom mansion while he tears down two previous island properties. However, Fortune reported that Bezos plans to demolish all three properties to build a megamansion, citing Realtor.com. Neither plan has been officially confirmed by Bezos himself.
Apart from his properties in Indian Creek, Bezos also owns two neighboring mansions in Beverly Hills, California, as well as a ranch in Texas. He also owns a superyacht called Koru said to be worth $500 million.
Where Is Indian Creek?
Located on Biscayne Bay, Indian Creek is an exclusive island famously dubbed the "Billionaire Bunker." The island, which spans 300 acres, holds only 41 residential homes and the Indian Creek Country Club. The island is only accessible via a gated bridge.
Indian Creek is home to fewer than 100 residents, including prominent figures such as couple Jared Kushner and Ivanka Trump and football icon Tom Brady.
Bezos' recent acquisitions are part of his plans to move to Florida to be closer to his parents. He also previously said that he and his fiancee, Lauren Sanchez, "love Miami," per an Instagram Reel.
It is also possible that his move was spurred by his recent blockbuster divorce from MacKenzie Scott, which cost him $38.3 billion. Florida is one of the states without a capital-gains tax, which means Bezos could save more than $610 million in state taxes over the course of a year if he continues selling Amazon shares, per Business Insider.
