A vacant plot neighboring Jeff Bezos’ properties in Miami is up for grabs, with a hefty price ticket of $200 million.
What Occurred: In response to a report, a 1.84-acre property positioned on Indian Creek, a non-public island in Miami-Dade County, Florida, is on the market.
The island, sometimes called the “Billionaire Bunker,” is house to properties owned by high-profile figures reminiscent of Jared Kushner and Ivanka Trump, Tom Brady, Carl Icahn, and Bezos.
In response to a report by Enterprise Insider, the $200 million asking worth for the plot is considerably greater than what Bezos paid for any of his three properties on the island.
Bezos bought a $68 million mansion and an adjoining property for $79 million in 2023, adopted by a 3rd acquisition value $90 million in September.
Actual property agent Ilya Reznik, who’s representing the nameless homeowners, informed the outlet that the excessive asking worth is because of the plot’s “very distinctive location.” The homeowners initially purchased the land for $27.5 million in 2018. The sale additionally contains predesigns for a 25,000-square-foot property.
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In response to the itemizing, the land comes with 200 toes of Biscayne Bay waterfront, permitting the potential proprietor to construct a deep-water dock for a 180-foot mega yacht.
Why It Issues: The sale of this plot is indicative of the escalating actual property costs within the Miami space, significantly on Indian Creek Island. The island has seen a surge in high-profile consumers in recent times, driving up property values.
The plot’s proximity to Bezos’ properties additional provides to its worth, given the Amazon founder’s prominence. The truth that the plot comes with predesigns for a big property and the potential for a deep-water dock provides to its enchantment for potential consumers in search of luxurious and exclusivity.
The sale will likely be a big one to look at, because it may set a brand new benchmark for property costs on the island.
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