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Jeff Bezos snaps up a 3rd Miami-area mansion for $90 million

Jeff Bezos
Jeff Bezos.Dave J. Hogan/Getty Images
  • Jeff Bezos just bought a third mansion on the Miami-area island known as Billionaire Bunker.

  • Bezos paid $90 million for the home, which last sold in 1998 for $2.5 million, Bloomberg reported.

  • He previously purchased multiple neighboring Seattle-area homes for his security and staff.

Jeff Bezos is buying up more pricey property on an uberexclusive Miami-area island as he moves cross-country from Seattle.

The billionaire Amazon founder purchased a third home on Indian Creek island for $90 million in an off-market transaction, Bloomberg reported.

A representative for Bezos declined to comment.

Indian Creek is known as Billionaire Bunker and is on Biscayne Bay.

The exclusive island, with its own mayor and police force, is home to fewer than 100 residents, including Ivanka Trump and Tom Brady, and is accessible only via a gated bridge.

Bezos plans to live in the six-bedroom home — which last sold in 1998 for $2.5 million — while he tears down two other houses he purchased on the island, Bloomberg said.

He first bought a $68 million waterfront mansion in August on Indian Creek. He snagged a seven-bedroom mansion for $79 million several months later.

Bezos announced his move to Miami in November, saying he wanted to be closer to his parents and Blue Origin's Cape Canaveral operations.

It's possible Florida's favorable tax code (it's one of eight states without a capital-gains tax) played a part.

Business Insider's Madeline Berg and Katherine Long previously reported Bezos was leaving Seattle with eight total properties, worth as much as $190 million, based on Zillow estimates.

He's the world's second-richest person, according to the Bloomberg Billionaires Index. His vast real-estate empire also comprises two neighboring Beverly Hills, California, mansions, a Texas ranch, and a $500 million superyacht called Koru.

The billionaire is no stranger to purchasing multiple neighboring properties. Bezos did the same thing at his former residence in the Hunts Point enclave outside Seattle, using some of the houses for his security and staff.

Read the original article on Business Insider