Mark Zuckerberg joins California billionaires fleeing to Florida with luxe home buy

Mark Zuckerberg is adding a new trophy address to his already sprawling real estate portfolio, this time on Miami’s ultra-exclusive Indian Creek island. The waterfront mansion, on nearly two acres with wraparound terraces, a private dock, and a resort-style pool, is expected by local agents to command somewhere between $150 million and $200 million. The move plants one of Silicon Valley’s most famous figures squarely in the middle of Florida’s billionaire boom, even as he keeps pouring money and attention into California.

His decision captures a broader shift in how the ultra-wealthy are hedging against political and tax uncertainty. Rather than a clean break from the West Coast, Zuckerberg appears to be building a bi-coastal hedge, using luxury property as both lifestyle upgrade and policy insurance. The question is not just why he is buying in Florida, but what it signals about the next phase of America’s tech geography.

The Indian Creek prize and what we actually know

The property Zuckerberg and his wife, Priscilla Chan, are buying sits on Indian Creek, a tiny island village in Biscayne Bay that has long marketed itself as a “billionaire bunker” with its own police force and golf course. The enclave, reachable only by a single bridge from Surfside, has drawn a roster of ultra-wealthy residents who prize privacy as much as waterfront views, and its limited number of parcels has helped turn it into one of the most expensive zip codes in the country, as a quick look at Indian Creek makes clear. For a tech executive used to scrutiny over everything from data privacy to neighborhood disputes, the island’s controlled access and security are part of the appeal.

Local real estate agents say the newly completed mansion is likely to trade in a range between $150 m and $200 m, although it is not yet clear if the deal has formally closed or what the final number will be. That price band would put the home among the most expensive residential sales in Miami history, reflecting both the scarcity of buildable land on Indian Creek and the surge of tech wealth into South Florida. The house’s features, including a private dock and expansive landscaping, match what agents describe as the new standard for ultra-luxury waterfront estates in the area, a level of amenity that helps justify valuations that would have seemed outlandish even a decade ago, according to local agents.

From California fixture to Miami regular

For years, Zuckerberg has been synonymous with California’s tech corridor, from Meta’s headquarters in Menlo Park to his cluster of homes in Palo Alto. That is why his decision to secure a base in Miami is being read as part of a larger pattern, not a one-off whim. In market terms, he is the latest high-profile name in what some brokers now casually call “THE MARKET” of California billionaires who are buying in Florida, a group that already includes hedge fund managers, crypto founders, and other tech executives who have shifted their primary residence or at least their winter lives to the Atlantic coast, a trend that market watchers have been tracking closely…

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