Mark Zuckerberg is expanding his South Florida footprint in a way that befits a man worth an estimated $230 billion.
The Meta CEO and his wife, Priscilla Chan, are in the process of acquiring a newly completed waterfront estate on Indian Creek Island, according to The Wall Street Journal. While the final purchase price has not been publicly confirmed, the deal is reportedly in the $150 million to $200 million range for the two-acre property—instantly placing it among the most significant residential transactions of the year in Miami-Dade County.
Indian Creek Island, the 300-acre enclave just off Miami Beach often dubbed the “Billionaire Bunker,” has become shorthand for privacy, security, and staggering valuations. Its roster of high-profile homeowners includes Jeff Bezos, Ivanka Trump, Tom Brady, and Carl Icahn, reinforcing its status as one of the most exclusive addresses in the country.
The seller, Jersey Mike’s founder Peter Cancro, purchased the property for $37 million in 2021 before completing the estate. The home was never formally listed, and few details have been released publicly. Satellite imagery reviewed by the Journal indicates multiple structures on the grounds, including a main residence organized around an entry courtyard, a secondary structure believed to function as a guest or guard house along Indian Creek Island Road, and a rear pool area framed by palms and cabanas.
For Zuckerberg and Chan—who married in 2012 and share three children—the purchase adds to an already formidable portfolio that includes a compound in Palo Alto, properties in Lake Tahoe and Hawaii, and a residence in Washington, D.C. The Indian Creek acquisition signals what many ultra-high-net-worth buyers have already telegraphed: South Florida remains a preferred refuge for scale, seclusion, and status.
