Have $200 million for empty lot? Jeff Bezos’ neighbour is selling waterfront plot in Miami’s ‘billionaire bunker’

Billionaire Amazon founder Jeff Bezos’ neighbour is seeking $200 million for an empty waterfront plot in the exclusive “Billionaire Bunker”, a manmade barrier island at Indian Creek, Miami, according to a Bloomberg report.

The unidentified seller has asked $200 million for the empty waterfront lot, which is adjacent to Bezos’ property in South Florida, it added.

Broker Confident

According to broker Ilya Reznik, who is overseeing the deal, the seller is “willing to negotiate” on price. “I’ve already had a couple of showings and obviously the buyer is going to be a billionaire,” Reznik told Bloomberg.

“I think $200 million is a big number but I’m confident that in the end the buyer will pay a little extra because Bezos is a neighbor. Those prices just didn’t exist before he came to Indian Creek,” Reznik added. She believes the property will set a record for the area, even if it doesn’t fetch the $200 million demand, as buyers are expected to be drawn to being neighbours with Bezos.

The Amazon czar has three properties in Indian Creek, including two next door to the lot that’s now for sale. Bezos is expected to tear down those two properties and replace them with custom builds. His third property was bought in 2023 for $87 million.

The Details

The plot sized around 1.84 acre (0.74 hectare) is located at Indian Creek, a man-made barrier island. 

The empty land, at 9 Indian Creek Island Road, was purchased for $27.5 million in 2018 by SMM Sunny Holding LLC, a Delaware company, records show. Reznik said the current owner drew pre-designs for a 25,000 square-feet (2,322.6 square meters) estate on the property that will be available to the buyer. 

Indian Creek has become a symbol of the surge in wealth in South Florida and how the ultra rich are pricing out the mere affluent. 

The island, accessible only via a single, heavily guarded bridge, has its own police force and roughly 40 lots, as well as its own 18-hole golf course. Other Indian Creek residents include Jared Kushner and Ivanka Trump, Tom Brady and Carl Icahn.

Even outside Indian Creek, it’s becoming increasingly more expensive to own a luxury home in the region. In the third quarter, the median price for a luxury single-family home — the top 10% of sales — in Miami Beach and nearby barrier islands was $23 million, a 16% increase from the same period a year earlier, according to data from brokerage Douglas Elliman Real Estate and appraiser Miller Samuel Inc.

The Indian Creek listing was first reported by the New York Post.

(With inputs from Bloomberg)