Achi news desk-
Jeff Bezos, the titan behind Amazon, is further strengthening his hold on the iconic Indian Creek island by purchasing a third mansion.
The transaction, which took place in an off-market transaction, reportedly carries a staggering price tag of around $90 million, according to Bloomberg, making it another feather in Bezos’ real estate cap.
Sources involved in the matter revealed to The Post that Bezos plans to take up residence in this new acquisition while arranging for the demolition of his two previous island properties.
This bold move, however, does not go down well with some of the island’s wealthy residents, who were eyeing their own piece of the exclusive cove.
“This is the hottest place in the country at the moment. If there’s one thing wealthy elites want, it’s a piece of exclusivity,” a source familiar with the area’s real estate trusts said. “Property on the island is already scarce, so there’s no question that Bezos will do off-market deals that will attract those who have been eyeing homes there.”
There are only 41 residential homes and Indian Creek Country Club on the unique 300 acre island.
Bezos’ representatives declined to provide any comment on the matter.
Records show the property last changed hands in 1998 for just $2.5 million, showing the astronomical increase in value over the years.
Bezos’ latest foray into the Miami real estate scene comes hot on the heels of his decision to relocate from the Seattle region to the Sunshine State.
With a net worth of $203.7 billion, according to the Bloomberg Billionaires Index, Bezos is no stranger to luxury living.
His previous acquisitions on Indian Creek, totaling a staggering $147 million, firmly established him among the island’s elite denizens.
With addresses of 11 Indian Creek Island Rd, 12 Indian Creek Island Rd, and his most recent acquisition at 28 Indian Creek Island Road, the current investment price in the area is a whopping $237 million.
Indian Creek, often referred to as the “Billionaire Bunker”, has a list of notable residents, including power couples Jared Kushner and Ivanka Trump, football icon Tom Brady, and famous investor Carl Icahn.
Bezos’ presence on the island adds another luminary to his star-studded set.
While Bezos’ financial prowess is undeniable, his recent actions have raised questions about his long-term plans and investment strategies.
In February, he unloaded a staggering $8.5 billion worth of Amazon shares, marking his first significant divestment from the company since 2021. The destination of these profits remains a mystery, adding fuel to speculation about Bezos’ financial movements.
Beyond his acquisitions in Miami, Bezos has an impressive portfolio of properties, including homes in Washington, a luxury estate in Maui, and a palatial mansion in Beverly Hills, acquired for a cool $165 million in 2020.
The seller of Bezos’ latest acquisition, located at 28 Indian Creek Island Road, is identified as former banker Javier Holtz.
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