Wednesday, May 1, 2024

Jeff Bezos buys more Indian Creek land in Florida's Billionaire Bunker

house of jeff bezos

The property features a gated semi-circular drive and a picturesque swimming pool set into a terrace shaded by mature trees. Over the summer, the 59-year-old Bezos paid $68 million for a three-bedroom, waterfront home in Indian Creek Village, Fortune magazine and Bloomberg reported in August. MTM Star International was listed on Miami-Dade property records as the previous owner of the home, and, at the time, the county website did not list Bezos as the owner, but it did show the property sold in June, according to AP. Several months later, in July, Bezos built upon his Beverly Hills holdings by purchasing the property adjacent to Geffen’s estate for $10 million, a considerably more humble abode that is still nonetheless luxurious by the average person’s standards. Measuring 4,615 square feet, the two-story traditional home features three bedrooms and four-and-a-half bathrooms, with much of the interiors upgraded by the seller. French doors, six brick fireplaces, crown molding, and dark hardwood floors give the property a good amount of historic prestige, while an outdoor brick courtyard and vegetable and rose gardens complete the grounds’ offerings.

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Bezos made a big move to Washington, DC, in late 2016, snapping up two sprawling mansions measuring a combined 27,000 square feet for $23 million. Located in the Kalorama neighborhood, Bezos’ neighbors include the Obamas, Ivanka Trump, and Jared Kushner. In 2018, Bezos was reportedly planning a $12 million renovation on the place, including the addition of a “garden room” to one of the two structures. The billionaire and Blue Origin CEO reportedly paid $79 million for a seven-bedroom, 14-bathroom mansion set on 1.84 acres in Indian Creek Village, according to Bloomberg. The ultra-luxe, ultra-private neighborhood is near Miami Beach and earned the nickname Billionaire Bunker for its residents. In August, news reports show Bezos bought a waterfront estate there for $68 million.

Which celebrities live in Indian Creek or Billionaire's Bunker?

With a $163 billion fortune, according to the Bloomberg Billionaires Index, Bezos would instantly become Indian Creek’s richest inhabitant. The island has just about 40 residences, a country club and its own police department. While Bezos's real estate moves are out of reach for most people, getting into the real estate industry doesn't require millions. There were 41 waterfront properties on the island as of 2017, according to the municipality's website. The mansion Bezos purchased is reported to have been owned by Javier Holtz, who is listed as the vice-mayor of the municipality on its website.

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It wasn’t immediately clear if he also has plans to tear down his latest eight-figure enclave. Bezos bought the seven-bedroom Indian Creek mansion for $79 million in October, Bloomberg reported, citing unnamed sources. Their notable island neighbors include fellow billionaires Oprah Winfrey, Paul Thiel, and Oracle executive Larry Ellison, according to the Times. Sanchez announced that she and Bezos would donate $100 million to help Maui after neighborhoods on the island were devastated by fires.

Jeff Bezos Buys $68 Million Home on Florida’s Exclusive Indian Creek Island

house of jeff bezos

Either way, the 33-story, dual-tower structure was built in 1932 by Irwin Chanin, who was known for Broadway theater designs. The building, complete with Art Deco exterior and lobby, holds over 400 unique condominiums, according to StreetEasy. However, an insider told The Post Bezos does not own any of these properties. The 54-year-old New Mexico native has been wearing bold looks on red carpets since the start of her career. But in recent years — especially while making her relationship with Jeff Bezos public — her style has leveled up.

Jeff Bezos has spent millions of dollars amassing a collection of residential properties over the years.

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Investor and hedge fund manager Lampert has garnered a controversial reputation over the past decade. He took over as CEO of floundering retail giant Sears Holdings in 2013, hoping to turn it around, but failed miserably. Lampert bought his home on Indian Creek for $38.4 million in 2012, switching his primary residence from Greenwich, Connecticut, to Florida.

Further south in Beverly Hills, Bezos purchased a $165 million mansion from billionaire producer David Geffen in a record-shattering deal just before the pandemic. He scored a 7.1% discount from the property’s May listing price of $85 million, according to Bloomberg, which first reported on the sale, citing people familiar with the matter. People representing Bezos reportedly contacted at least three other island homeowners to discuss purchasing their properties, Bloomberg reported in early January. The Obamas purchased an $8.1 million property nearby in 2017, which marked the second-most expensive transaction in the neighborhood — after Bezos' — The Washington Post reported.

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Bezos also owns property in Beverly Hills, California, one of the most expensive neighborhoods in Los Angeles.

But his net worth of $197 billion means that he is now the Democrats’ target number one for cash. Never miss a story — sign up for PEOPLE's free daily newsletter to stay up to date on the best of what PEOPLE has to offer, from juicy celebrity news to compelling human interest stories. A representative of Casa Encantada did not respond to Business Insider's request for comment on Bezos' interest in the property. A spring-themed menu inspired by American and Japanese cuisine and decor evocative of a koi pond were all features of Wednesday night's White House state dinner honoring Japanese Prime Minister Fumio Kishida and his wife.

Jeff Bezos adorns his $165M Beverly Hills megamansion with final touches — see what he has in store

house of jeff bezos

Representatives for Bezos did not immediately respond to a request for comment from Insider sent outside regular business hours. Laying the groundwork for the land rush was the New York-born “Father of Miami” Henry Flagler, a founder of Standard Oil, whose completion of the Florida East Coast Railway in 1896 opened southeast Florida to tourists for the first time. It boasts a pool, theater, library, a wine cellar, maids’ quarters, a sauna, and six garage spaces, according to the Zillow listing.

This mansion last traded hands in 1982 for $1.4 million — or some $4.4 million today when adjusted for inflation. Bezos reportedly has plans to bulldoze this property to build a grand megamansion in its place. Sanchez’s glam squad frequently includes hair stylist Olivia Halpin and make-up artist Laura Ann who wrote online, “It’s an honor watching you and @jeffbezoschange the world! ” She also turns to Jamie Sherrill — known as Nurse Jamie — for tweaks and treatments. Earlier this week, a moderately famous man publicly insulted a moderately famous woman, seemingly out of nowhere, calling her “ABSOLUTELY REVOLTING” in a social media post.

In February, he paid a record $165 million for David Geffen’s historic Beverly Hills mansion. The massive 10-acre estate includes a 13,600-square-foot Georgian-style main house, two guest houses, a nursery and three hothouses, a tennis court, a swimming pool, expansive terraces, and a nine-hole golf course. A notable feature of the main house is its antique wood flooring, imported from overseas and believed to be the very floor that Napoleon stood upon when he proposed to Empress Joséphine. Also in February, it was reported that Bezos spent $90 million on a 120-acre undeveloped plot of land that belonged to the late Microsoft cofounder Paul Allen, though the deal ended up falling through.

Bezos’ two waterfront homes feature a total of 10 bedrooms, 13 bathrooms and two swimming pools. The 2.8-acre (1.1 hectare) three-bedroom property, built in 1965, was previously owned by MTM Star International, a company with ties to Panama. Public records show the sale took place in June, but the identity of the final buyer was undisclosed.

In the weeks leading up to the purchase, Bezos made several donations to local organizations — including Hawaii Land Trust and Mālama Family Recovery Center, local news site Maui Now reported. The U-shaped ranch house seen above is a remnant from the seller, who told The Wall Street Journal that he put "millions" into renovating it. In 2004, Bezos purchased Corn Ranch, an 165,000-acre stretch of land outside of Van Horn, Texas.

There are also Brazilian teak docks where 100-plus-foot luxury vessels are moored — perfect for his $500 million superyacht Koru, which features a helicopter landing pad, swimming pool, and a mermaid resembling Sanchez adorning the prow. Indian Creek boasts about 40 waterfront properties all facing the water, along with an 18-hole golf course stretched across 294 acres. Bezos reportedly has plans to bulldoze the $68 million pad and build a palatial megamansion.

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