Jeff Bezos buys third mansion in Miami area for $90 million

by MMC
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The billionaire Amazon founder purchased a third home on Indian Creek Island for $90 million in an off-market deal, Bloomberg reported.

A representative for Bezos declined to comment.

The exclusive island, with its own mayor and police force, is home to fewer than 100 residents, including Ivanka Trump and Tom Brady, and is only accessible via an enclosed bridge.

Bezos plans to live in the six-bedroom house – which was last sold in 1998 for $2.5 million – while he demolishes two other homes he bought on the island, Bloomberg said .

He first bought a waterfront mansion for $68 million in August on Indian Creek. He bought a seven-bedroom mansion for $79 million some months later.

Bezos announced his move to Miami in November, saying he wanted to be closer to his parents and Blue Origin’s Cape Canaveral operations.

It’s possible thanks to Florida’s favorable tax code (it’s one of eight states without a capital gains tax) play a role.

Business Insider’s Madeline Berg and Katherine Long Previously reported Bezos left Seattle with eight properties in total, worth up to $190 million, according to Zillow estimates.

He is the second richest person in the world, according to the Bloomberg Billionaires Index. His vast real estate empire also includes two neighboring mansions in Beverly Hills, California, a ranch in Texas and a $500 million superyacht called Koru.

The billionaire is no stranger to purchasing several neighboring properties. Bezos did the same thing at his former residence in the Hunts Point enclave outside Seattle, using some homes for his security and staff.

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