Facebook founder Mark Zuckerberg is reportedly buying a mansion in South Florida.
He won’t be the first billionaire to live in the area known as Billionaire Bunker, but he and his wife probably won’t be popping by to borrow a cup of sugar from like Jeff Bezos, Ivanka Trump and Tom Brady.
Here’s what we know.
Is Facebook founder Mark Zuckerberg moving to Florida?
Zuckerberg and his wife, Priscilla Chan, are reportedly buying a mansion on Miami’s Indian Creek, better known as Billionaire Bunker, according to a Wall Street Journal report.
The home, located on a man-made barrier island, is said to be owned by a limited liability company connected to Peter Cancro, the founder of Jersey Mike’s Subs.
Neighbors said the Zuckerbergs plan to move to the almost-two-acre estate by April.
How much is the home Zuckerberg may be buying?
The Indian Creek home could sell for an estimated $150 million to $200 million, real estate agents told the Wall Street Journal.
“Aerial views of the property show it sits across Biscayne Bay and features a private dock, wraparound terraces, lush landscaping, a waterfront pool, charming blue shutters and other elaborate amenities,” according to FoxBusiness.
“There is currently only one home listed for sale on Indian Creek Island — an enormous nine-bedroom mansion just a few doors down from Zuckerberg’s alleged new spread — which is on the market for $200 million,” according to Realtor.com.
The home Zuckerberg is reportedly buying has not been officially put on the market, something that’s not uncommon for homes at this price.
Where is Indian Creek, Florida?
Indian Creek is a man-made barrier island south of the Broad Causeway west of Surfside and about three miles north of Miami Beach.
What is Billionaire Bunker in Florida?
Indian Creek is the name for the Florida community commonly called Billionaire Bunker.
It’s a 300-acre island in Biscayne Bay in South Florida, near Miami Beach.
There are about 30 homes, an ultra-exclusive country club, and a golf course on the island, which has only one road on and off.
The location is recognized as one of the richest neighborhoods in the United States.
See photos of Indian Creek, Florida, aka Billionaire Bunker
How many billionaires live in Florida?
Florida ranks third in the U.S. for the number of billionaires living in the state, according to Hennessey Digital, an online marketing agency, which used Forbes’ 2025 list of the world’s billionaires.
➤ What states have the most billionaires? Florida ranks among top 5, with more than 115
Top five states with billionaires are:
Does Zuckerberg own other homes?
The Florida estate would Zuckerberg’s already extensive real estate portfolio in places like Lake Tahoe and Palo Alto in California, and Kauai, Hawaii, according to FoxBusiness.
What other celebrities live at Billionaire Bunker?
Some multimillionaires or billionaires who currently or formerly call Billionaire Bunker, home include:
Wealthy exodus from California?
Democratic lawmakers in California are considering a bill to tax the wealthy. If approved, the bill would impose a one-time 5% tax on billionaire residents.
“We’re calling on California’s billionaires to step up and pay a one-time, 5% emergency billionaire tax to prevent the collapse of California healthcare and ensure our state’s families can get the care we need,” according to cabillionairetax.org.
➤ California’s billionaire tax is about punishing those who made it | Opinion
The tax would be “paid only by Californians worth more than $1 billion — about 200 people — who together hold $2 trillion in wealth, most of which will never be taxed in their lifetimes due to loopholes in state and federal tax laws,” according to cabillionairetax.org.
It has been reported tech billionaires, such as Google cofounder Larry Page and venture capitalist Peter Thiel, are threatening to leave California over the wealth tax.
Contributing: Jennifer Sangalang, Lianna Norman, USA Today Network-Florida
Cheryl McCloud is a journalist for the USA TODAY Network-Florida’s service journalism Connect team. You can get all of Florida’s best content directly in your inbox each weekday day by signing up for the free newsletter, Florida TODAY, at https://palmbeachpost.com/newsletters.
This article originally appeared on Palm Beach Post: Where is Indian Creek? Is Mark Zuckerberg moving to Florida?
Reporting by Cheryl McCloud and Michelle Spitzer, USA TODAY NETWORK – Florida / Palm Beach Post
USA TODAY Network via Reuters Connect
