Meta CEO Mark Zuckerberg and Google co-founder Sergey Brin have closed their doors on large areas of the Miami area, highlighting the continued shift of technological wealth from the West Coast to South Florida.
“Although the neighborhoods they purchased differ, their priorities are the same: safety, security and proximity,” Chris Wands of Douglas Elliman told Fox News Digital. “These premier buyers are choosing oceanfront properties in gated, controlled environments with easy access to Miami’s private airports and business and restaurant corridors.”
Within a roughly 20-mile radius, four of the world’s richest individuals — Jeff Bezos, Zuckerberg, Larry Page and Brin — now own significant residential properties. Zuckerberg’s reported $170 million closing on Indian Creek Island would rank among the most expensive residential sales in Miami-Dade County history, according to multiple reports.
Zuckerberg and his wifePriscilla Chan, reportedly closed on the property at 7 Indian Creek Island Road on March 2, snapping up the 1.84-acre waterfront lot for just under the original listing price of $200 million.
OVER $126M IN 60 DAYS — FLORIDA REAL ESTATE TYCOONS SAY BLUE STATE WEALTH MIGRATION IS NOW PERMANENT
The home features nine bedrooms, 11.5 bathrooms, a “secret” library passage, a wellness wing with a gym, a professional-grade salon and massage room, a 1,500-gallon central aquarium, a jazz lounge, a 60-foot swimming pool and more.
Mark Zuckerberg and Sergey Brin both recently closed their respective doors in Miami. (Getty Images)
The house – located three doors down from Bezos in the so-called “Billionaire’s Bunker” – is still under construction and was designed by Canadian architect Ferris Rafauli, known for designing rapper Drake’s “Embassy” mansion in Toronto.
“From the limestone façade to the grand architectural proportions to the meticulously curated interiors, every detail showcases modern artistry and exceptional craftsmanship,” the listing details state. “This classically inspired residence offers endless views, indoor-outdoor living and a sense of privacy and sophistication.”
“South Florida has become one of the most powerful concentrations of wealth in just a few years, which speaks to real confidence in the market. The FOMO in luxury real estate is absolutely real,” said Douglas Elliman’s #1 agent nationally. Dina Goldentayer, said. “There’s a gravity web happening behind the scenes. The billionaires are talking, their advisors and their family offices and their security teams are all talking. And suddenly Miami becomes a strategic base that you need as cover.”
Brin opted for the more residential setting of 6569 Allison Road on Allison Island, north of Miami Beach. He reportedly purchased the $51 million property through a Nevada-based entity, Lagoon LLC, which is linked to his longtime legal representatives.
The house, previously owned by LVMH Americas CEO Michael Burke and sold in an off-market deal, is a glass-walled modernist property spanning approximately 10,000 square feet. The design features seven bedrooms and 8.5 bathrooms, with stunning views of Biscayne Bay and architectural elements said to be inspired by the Guggenheim Museum.
Of note, both Zuckerberg and Brin’s neighborhoods include ultra-secure private police guards who must check in all guests upon arrival and departure.
“Security will always remain paramount for the very wealthy, and they will all still have their private security 24/7. Their choices between Indian Creek, Coconut Grove or Allison Island would be based more on their personal preferences for the lifestyle the immediate surroundings offer, and of course, the home itself,” Eddy Martinez of ONE Sotheby’s International Realty also told Fox News Digital. “How did they feel in this house compared to others? All of these factors come into play in the final decision.”
Real estate experts point to Larry Page, his Google counterpart, as the first to sound the alarm by moving to Florida, with his $173 million acquisition of two separate estates in Coconut Grove in late 2025. The timing of these billionaire relocations coincides with a California proposal that would impose a single tax of 5% on the net worth of Golden State residents with assets exceeding $1 billion.
If such a proposal were to receive enough signatures and voter approval, people who resided in California as of Jan. 1, 2026, could be subject to the tax, according to the draft text of the measure.
Based on recent net worth estimates, Zuckerberg and Brin could hypothetically owe more than $10 billion each under such a tax structure, although the exact amount depends on final assessments and the final language of the measure.
“We think the catalyst for billionaire migration to South Florida from California has more to do with the billionaire tax,” Martinez noted. “We believe these individuals did not get to where they are because of FOMO – rather, their success can be attributed to a mindset of taking quick, decisive action on what they believe is best for them to move forward and experience continued success.”
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As Miami real estate continues to grow, Goldentayer says there is no clear cap on how much property values can rise in the near future.
“I don’t see a ceiling,” she says. “When five of the six richest people in the world buy homes within a few miles of each other, it completely changes the market and we see a recalibration of an entire asset class.”
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