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.
The Meta CEO and his wife Priscilla Chan purchased an estate on Miami’s Indian Creek that likely sold for between $150 million and $200 million, the Wall Street Journal reported.
Aerial images obtained exclusively by The Post show a sprawling waterfront compound spanning multiple adjacent lots on Indian Creek, a gated barrier island nicknamed “Billionaire Bunker” for its ultra-wealthy residents, including David and Victoria Beckham, Tom Brady and Jeff Bezos, among others.
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.
A large, newly built main residence stands at the center of the compound — flanked by palm-lined walkways and manicured grounds.
Construction equipment and unfinished landscaping visible in the images show the home is in its final stages of completion.
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Several interior sections show bare ground, patchy soil and areas awaiting sod, plantings or final grading — suggesting the landscaping phase is not yet complete.
Parts of the roofs, terraces and walkways appear newly installed — with no visible furniture or finished outdoor amenities
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.
Agents and brokers in Miami said there has been an influx of Californians looking for ultra-luxury properties to snatch up in the area.
Google co-founder Larry Page purchased multiple properties in Miami 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.
The purchases come as California legislators have proposed a one-time 5% “billionaire tax” to scrounge up funds for a health care system under strain after federal funding cuts.
Page moved several of his business entities out of California to avoid the new tax.
Real estate agents believe California’s potential new tax is sending billionaires out of the state and into tax havens like Florida.
“The 5% tax in California is really driving out people in a major way,” Danny Hertzberg, a Miami real-estate agent at Coldwell Banker Realty, told the Journal.
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Gov. Gavin Newsom is opposed to the billionaires tax, calling it a “badly drafted effort” that has already had a “outsized impact on this state.”
The seller of the Zuckerberg property is a limited-liability company tied to Jersey Mike’s founder Peter Cancro.
The home sits on the barrier island of Indian Creek, also home to billionaire auto dealer Norman Braman. Braman’s wife Irma told the Journal that Zuckerberg planned to move into the Miami property by April.
“We’re happy to have him,” she said.
Zuckerberg’s new home adds to his extensive real estate portfolio, including mansions in Palo Alto, Lake Tahoe and on the Hawaiian island of Kauai.
Additional Reporting by Ariel Zilber.
