Key takeaways
- Mark Zuckerberg and Priscilla Chan bought a home on Indian Creek Island for a reported $170 million, which The Real Deal describes as a record for Miami-Dade County but not for Florida.
- The home is under construction, and the price comes from Wall Street Journal reporting, not from a public deed we have seen.
- Other tech founders reported in South Florida include Larry Page (Coconut Grove), Sergey Brin (Miami Beach) and, from earlier years, Jeff Bezos (Indian Creek). Figures differ between reports and are mostly not confirmed by the buyers.
- The top asking price in a November 2026 brokerage snapshot is $237 million for a Key Biscayne home. Asking prices are not sales.
South Florida's most expensive homes now sit next to some of the most famous names in technology. The reporting is thick with figures, and much of it is secondhand, so this article separates what has been reported from what has been confirmed.
We use neighborhoods and public reporting only. We do not publish street addresses or personal details of the people named.
What did Mark Zuckerberg buy in Miami-Dade?
The Real Deal reported on March 2, 2026, that Zuckerberg and his wife, Priscilla Chan, closed on a home on Indian Creek Island for $170 million. It calls the price a record for Miami-Dade County, though not for Florida, where the top deal it cites was a $225 million Naples estate.
Here is what the reporting says about the property:
- It is an under-construction home on a two-acre waterfront site. Plans call for a roughly 30,000 square foot, nine-bedroom estate. Because these are plans, the finished size is not confirmed.
- The sellers, a cosmetic surgeon and his wife, paid more than $30 million for the site in 2020 and listed the property at $200 million in November 2025, according to The Real Deal.
- The closing and price are credited to the Wall Street Journal. The article cites no deed or sale filing.
The path to the deal was not smooth in public. In February 2026 The Real Deal reported that for a few hours it looked like the couple had agreed to buy a home there for as much as $200 million, and that by February 11 brokers were pushing back. The sale then closed in March. Other outlets give looser figures, such as an estimate of $150 million to $200 million in a February news report, so treat early numbers with caution.
Whether the family will live there full time is also unconfirmed. A February report attributes to a neighbor, as relayed by the Journal, that the family planned to move in by April. There is no comment in the articles we read from Zuckerberg, Meta or Chan.
Which other tech founders have been reported in South Florida?
| Name | Area | What has been reported | Status |
|---|---|---|---|
| Mark Zuckerberg | Indian Creek Island | About $170 million, under construction | Price reported via the Wall Street Journal |
| Larry Page | Coconut Grove | Waterfront properties assembled from late 2025. One report says about $173 million across two estates, another about $188 million | Reported, figures differ |
| Sergey Brin | Allison Island, Miami Beach | A waterfront home, reported to be in contract in early 2026. One article gives $51 million for a double lot | Reported, not confirmed |
| Jeff Bezos | Indian Creek Island | Reported to have spent about $234 million across three properties in 2023 and 2024. A separate report puts the portfolio above $300 million | Earlier purchases, figures differ |
The Real Deal and a Yahoo report both state that these purchases mostly rest on unnamed sources, brokers and prior reporting, not on statements from the buyers. Yahoo's report adds that Elon Musk, the world's richest person, lives in Texas and is not buying Miami real estate.
Why are tech founders moving to Florida?
The coverage ties the wave of moves to a proposed California ballot initiative that would impose a one-time 5 percent tax on net worth above $1 billion. As of the February reports we read, the initiative had not collected enough signatures to qualify for the November ballot, and Governor Gavin Newsom opposes it. It was not law.
Treat this link with care. The Real Deal says the purchases are "widely tied" to the proposal, which is a characterization, and one account comes from a broker describing a client. Buyers have not confirmed it. The Yahoo article also notes that Florida's tax benefits depend on living in the state for more than half the year, and says it does not know whether these buyers meet that test.
If you are weighing a move yourself, our checklist for business owners moving to Florida, the guide to the Florida homestead exemption and the explainer on trust and estate planning for new residents cover the practical steps.
What are the most expensive homes for sale in Miami-Dade now?
HL Real Estate Group, a brokerage, publishes a weekly snapshot of the highest asking prices in the county. The version we read is dated November 2, 2026. These are asking prices, not sales, and the brokerage says its list is not a complete census of the county. Sorted by asking price, the top six were:
| Area | Type | Asking price | Interior size |
|---|---|---|---|
| Key Biscayne | Single-family home | $237 million | 11,528 sq ft |
| Miami | Single-family home | $172.5 million | 21,145 sq ft |
| Coral Gables | Single-family home | $148 million | 12,490 sq ft |
| Miami Beach | Single-family home | $110 million | 10,791 sq ft |
| Miami Beach | Condominium | $80 million | 5,011 sq ft |
| Miami Beach | Penthouse condominium | $78 million | 9,049 sq ft |
The page is marketing for a brokerage, so use it as a snapshot, not as research. We did not verify any detail such as waterfront frontage, history or the figures in social media posts about these homes. If you are looking at a condo, see our guide to buying a pre-construction condo in Miami.
What does it mean if you are not a billionaire?
The headline sales matter less than what they signal about where wealthy residents are choosing to live and work. For business owners, three practical points follow:
- Moves are driven by residency rules and timing, not just by property. Take advice from a Florida attorney and a tax adviser before you change your domicile.
- Prime waterfront inventory is thin and priced on asking figures that often differ from final sales.
- The same neighborhoods keep appearing, which is why we cover Palm Beach, Miami Beach, Coral Gables and Key Biscayne first.
Frequently asked questions
What did Mark Zuckerberg pay for his Miami home? The Real Deal reports $170 million, citing the Wall Street Journal. The home is under construction.
Is $170 million the most paid for a Florida home? No. The Real Deal says it is a Miami-Dade record, but a $225 million Naples estate was higher.
Where is the home? On Indian Creek Island, an island community in Biscayne Bay. We publish neighborhoods only.
Has Zuckerberg moved to Florida permanently? Not confirmed. A neighbor told the Wall Street Journal the family planned to move in by April, and the articles we read include no comment from Zuckerberg, Meta or Chan.
Which other tech founders have bought in South Florida? Reports name Larry Page in Coconut Grove, Sergey Brin on Allison Island in Miami Beach and Jeff Bezos on Indian Creek. Prices and status vary by report.
Why are billionaires moving to Florida? Coverage links it to a proposed California one-time 5 percent tax on net worth above $1 billion. The proposal was not law, and buyers have not confirmed the link.
What is the most expensive home for sale in Miami-Dade? In a brokerage's November 2, 2026 snapshot, a Key Biscayne home at $237 million. That is an asking price, not a sale.
Do I become a Florida resident by buying a home? No. Residency and tax outcomes depend on where you actually live and your own circumstances, so ask a Florida attorney or tax adviser.
Sources checked
The Real Deal, Mark Zuckerberg's $170M Indian Creek Island purchase (March 2, 2026); The Real Deal, billionaires flee California for Florida (February 15, 2026); Yahoo Lifestyle, 4 of the world's 5 richest people now have waterfront estates in the Miami area; WJLA / The National News Desk, Zuckerberg set to move to Florida, report claims (February 10, 2026); HL Real Estate Group (Haute Residence), Miami's most expensive homes for sale (updated November 2, 2026, brokerage). We did not independently check deeds or public records. Purchase prices and residency are as reported, and details such as acreage, frontage and amenities in social media posts were not verified.