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Business Insider

Jeff Bezos' Miami neighbor bought an empty lot for $27.5 million. Now, they're asking $200 million — and it's still vacant.

[email protected] (Shubhangi Goel,Jordan Pandy)
2 min read
  • A plot next to Jeff Bezos' Miami properties is on sale for $200 million.

  • The land is on Indian Creek, a private island that's home to several billionaires.

  • The sellers remain unknown, but their broker said they are open to negotiating the price.

A plot of land next to Jeff Bezos' properties in South Florida is on sale for $200 million.

The 1.84-acre property is on Indian Creek, a private, artificial island in Miami-Dade County that's known as the "Billionaire Bunker." The island is home to properties owned by Jared Kushner and Ivanka Trump, Tom Brady, Carl Icahn, and a more recent arrival — Jeff Bezos.

The asking price — $200 million for the land — is more than what Bezos paid for any of his three properties on the island. In 2023, the Amazon founder purchased a $68 million mansion and an adjacent property for $79 million. In September, he made a third purchase for $90 million. Last year, Bezos said he would be moving to Miami after living in Seattle for 29 years. The listing was first reported by the New York Post.

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Ilya Reznik is representing the owners, who did not want to be identified. The owners bought the land for $27.5 million in 2018, the listing states. Predesigns for a 25,000-square-foot estate on the property would be available to the buyer, according to the listing.

Reznik told Business Insider that the $200 million asking price, which is negotiable, is because the lot is in "a very unique location." However, Bezos' purchases have affected prices in the area.

Bezos "did pay the numbers, which are really high," Reznik said. "But now those prices are there and the market is there and higher."

"It's not just Indian Creek, but everywhere in Miami and on the islands," Reznik said. "And if it's new, if it's a new build house, buyers are willing to pay premium. This is just what's going on in Miami."

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The listing states that the land also comes with 200 feet of Biscayne Bay waterfront, which The New York Post reported would allow the owner to build a deep-water dock for a 180-foot megayacht.

Indian Creek is about 15 miles from Miami. The highly secure island is accessible only by a single bridge connecting it to the mainland. It has about 40 homes over 300 acres and an ultra-exclusive country club. The island's police department monitors the area's only entrance and patrols the perimeter around the clock.

Read the original article on Business Insider

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