{"id":19010,"date":"2026-04-09T23:22:10","date_gmt":"2026-04-09T23:22:10","guid":{"rendered":"https:\/\/www.europesays.com\/people\/19010\/"},"modified":"2026-04-09T23:22:10","modified_gmt":"2026-04-09T23:22:10","slug":"where-billionaires-are-moving-in-miami-indian-creek-coconut-grove","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/people\/19010\/","title":{"rendered":"Where Billionaires Are Moving in Miami: Indian Creek, Coconut Grove"},"content":{"rendered":"

With a proposed billionaire tax spooking California billionaires, some of the world’s richest people are turning to Miami<\/a>.<\/p>\n

Over the past couple of months, Google cofounder Larry Page has spent more than $180 million on three properties in the county, and reports indicate that his cofounder, Sergey Brin, and Meta CEO Mark Zuckerberg<\/a> are not far behind. That would put four out of the five wealthiest people in the world in Miami \u2014 Jeff Bezos, also among that esteemed rank, already lives there.<\/p>\n

The impetus may be a proposed wealth tax in California that, if passed, would subject residents with a net worth of more than $1 billion to a one-time 5% tax on their wealth.<\/p>\n

Florida famously has no state income tax \u2014 a fact that proponents of the Sunshine State proudly say is written into its constitution.<\/p>\n

“What had happened was that there was a ringleader, Larry Page, who closed on his property the last days of December, and that sounded the alarm for the others,” Dina Goldentayer, an agent at Douglas Elliman, told Business Insider. “It’s like a gold rush.”<\/p>\n

Long a bastion for the wealthy, these tech billionaires are bringing a new kind of money to the area \u2014 and pushing up home prices.<\/p>\n

“The market ceiling keeps rising because you can’t add more single-family lots,” Ana Bozovic, a founder of Analytics Miami, told Business Insider about prime waterfront neighborhoods.<\/p>\n

These are the neighborhoods where billionaires are putting down roots and touring homes, according to real estate agents and property records.<\/p>\n

Indian Creek<\/p>\n

\"An<\/p>\n

Indian Creek Island is fully private and open only to property owners, their guests, and their employees.<\/p>\n

Jeffrey Greenberg\/Education Images\/Universal Images Group via Getty Images <\/p>\n

Called the Billionaire Bunker<\/a>, this private island in Biscayne Bay has long been home to the ultrarich and is known for its intense security, 25,000-square-foot mansions, and exclusive golf club.<\/p>\n

Carl Icahn and Tom Brady have homes there, as do Jared Kushner and Ivanka Trump. Amazon founder Bezos<\/a>, who has purchased three properties on the island for $237 million, made it his home base in 2023 \u2014 a year after a 7% capital gains tax went into effect in his home state of Washington. Since his arrival, prices have increased; a 1.84-acre lot neighboring his property sold for $105 million last year.<\/p>\n

Zuckerberg may be next. He is circling a waterfront property on the island that is listed for $200 million, The Wall Street Journal reported. That would set a record for both the ritzy island and the county as a whole.<\/p>\n

Allison Island<\/p>\n

\"aerial<\/p>\n

Allison Island is home to luxury condominiums and waterfront mansions.<\/p>\n

Jeffrey Greenberg\/Universal Images Group via Getty Images <\/p>\n

Allison Island is a gated private island in northern Miami Beach. While less exclusive than the better-known Indian Creek, it boasts 24\/7 security and ample waterfront \u2014 which, agents said, translates to high prices.<\/p>\n

There are several eight-figure properties for sale on the island, and Page’s Google cofounder, Brin,<\/a> is eyeing a $50 million home there, The Wall Street Journal reported. At the end of last year, the pair began cutting their ties to California, where Google is headquartered.<\/p>\n

Fisher Island<\/p>\n

\"Fisher<\/p>\n

On Fisher Island, long a home to billionaires, condos can go for eight figures.<\/p>\n

photosvit\/Getty Images <\/p>\n

Fisher Island<\/a> is home to resident-only restaurants and drama surrounding members-only clubs<\/a>. Accessible only by boat or helicopter, the island’s main draw is the fact that residents can’t be disturbed by outsiders.<\/p>\n

“Fisher Island is like a boutique, it’s like a unique place \u2014 you cannot find land over there,” Yizhak Toledano, CEO of BH Group, told Business Insider.<\/p>\n

The community is 216 acres \u2014 compared to the nearly 300-acre Indian Creek \u2014 and has about 800 residents<\/a> who mostly live in the many condos on the island, which can go for as much as $40 million.<\/p>\n

Coconut Grove<\/p>\n

\"Coconut<\/p>\n

Coconut Grove, which was a relatively little-known community, has been in the spotlight since Ken Griffin purchased property there in 2022.<\/p>\n

Barry Winiker\/Getty Images <\/p>\n

With coveted waterfront properties and a history of famous residents, Coconut Grove<\/a> has gone from bohemian to luxury. Over the last five years, though, sales have reached new heights.<\/p>\n

It’s where Ken Griffin<\/a> spent a record-breaking $106 million on an estate in 2022, and where Google cofounder Page has set up shop. He spent more than $180 million on three properties in the neighborhood, including a $101.5 million compound with a pool, grottos, a guest house, and a gym, and $71.9 million property with seven bedrooms.<\/p>\n

Coral Gables<\/p>\n

\"coral<\/p>\n

Coral Gables offers ample waterfrontage, which can boost home values.<\/p>\n

felixmizioznikov\/Getty Images <\/p>\n

Home to the University of Miami, Coral Gables is a neighborhood that offers an urban lifestyle and the waterfront that wealthy residents often seek.<\/p>\n

The tony neighborhood is highlighted by the exclusive Gables Estates, a gated community \u2014 named\u00a0the most expensive neighborhood<\/a>\u00a0in the country \u2014 home to celebrities like Pharrell Williams, who bought a $30 million home, and The Weeknd, who purchased a $50 million property in 2025.<\/p>\n

Last month, billionaire businessman Jorge Mas bought two properties there, including a mansion that sold for a record-breaking $75 million, The Real Deal<\/a> reported.<\/p>\n","protected":false},"excerpt":{"rendered":"With a proposed billionaire tax spooking California billionaires, some of the world’s richest people are turning to Miami.…\n","protected":false},"author":2,"featured_media":19011,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[13994,830,14257,12142,14262,14260,5350,14258,816,14259,95,14263,8568,14261,3973,1022],"class_list":{"0":"post-19010","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-larry-page","8":"tag-agent","9":"tag-business-insider","10":"tag-california-billionaire","11":"tag-december","12":"tag-douglas-elliman","13":"tag-fact","14":"tag-google-cofounder-larry-page","15":"tag-home-price","16":"tag-larry-page","17":"tag-last-day","18":"tag-miami","19":"tag-new-kind","20":"tag-property","21":"tag-proponent","22":"tag-wealth-tax","23":"tag-world"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@people\/116377324273471517","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/19010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/comments?post=19010"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/posts\/19010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media\/19011"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/media?parent=19010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/categories?post=19010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/people\/wp-json\/wp\/v2\/tags?post=19010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}