Report: Jeff Bezos Scoops Up $68 Million Estate in Lavish Florida Community The billionaire also owns a $78 million vacation property in Hawaii.

By Emily Rella

Opinions expressed by Entrepreneur contributors are their own.

Although Jeff Bezos spent the better part of the summer sailing his super yacht around European waters with fiancé Lauren Sanchez, the billionaire's latest investment may see him docked stateside in the future.

According to Bloomberg, the Amazon founder dropped a cool $68 million on a massive waterfront estate in Indian Creek, Florida, a manmade island off the coast of Miami.

Related: Jeff Bezos and Lauren Sanchez Coast Through Italian Riviera On $500 Million Superyacht Following Engagement

The home sits on 2.8 acres and is roughly 9,300 square feet. It contains a pool and three bedrooms and sits right on the water. Before Bezos' purchase, the home last sold for $1.4 million in 1982 — talk about an increase in valuation!

An aerial view of Miami Beach, Florida including Indian Creek and Alison Island (Getty Images)

Not much else is known about the specific home that Bezos reportedly purchased, and the billionaire has not yet publicly confirmed the purchase, though Bloomberg reported that he is in talks to gobble up more real estate in the area.

The island, which has been dubbed "Billionaire Bunker," is a 20-minute car ride from Miami and has only 41 residential home lots.

Related: Report: Jeff Bezos Purchases Massive Hawaiian Compound for Estimated $78 Million

Bezos will be among fellow billionaires and notable figures who call the island home, including NFL legend Tom Brady, Jared Kushner and Ivanka Trump, investor Carl Icahn, and former Sears CEO Eddie Lampert, just to name a few.

Lauren Sanchez and Jeff Bezos are seen on Jeff Bezos' yacht on June 12, 2023, in Portofino, Italy (Getty Images)

The property is not the first of its size or price range that Bezos has bought in recent years, including a $165 Beverly Hills compound in 2020 and a Hawaiian estate for $78 million in 2021, which includes a private white sand beach.

Most recent U.S. Census data from 2020 put the median property value for Indian Creek homes at $2 million, while the population was estimated to be just 34 people.

And though the median income for Indian Creek residents was $101,250 in 2020, Bezos shouldn't have a problem keeping up with his neighbors.

As of Friday afternoon, Bezos' net worth was an estimated $163 billion.

Emily Rella

Senior News Writer

Emily Rella is a Senior News Writer at Entrepreneur.com. Previously, she was an editor at Verizon Media. Her coverage spans features, business, lifestyle, tech, entertainment, and lifestyle. She is a 2015 graduate of Boston College and a Ridgefield, CT native. Find her on Twitter at @EmilyKRella.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business News

ChatGPT's New Update Can Create PowerPoint Presentations and Excel Spreadsheets for You

The new AI agent can generate Google Sheets and slide decks, making it a powerful new office tool.

Side Hustle

How to Build Endless Passive Income With This Simple Online Hustle

Autopilot stores aren't just income streams. They are passports to freedom, flexibility and finally working and living on your own terms.

Health & Wellness

This Is the Newest Real Estate Trend You Can't Miss — and It's Worth $438 Billion

A rapidly emerging new trend is sweeping the global real estate sector, powered by humanity's collective desire for longer lives and healthier lifestyles. Here's what entrepreneurs should pay attention to to capture the new market.

Business News

Here's How the CEO of the Biggest Bank in the U.S. Spends His Downtime: 'This Gives Me Purpose in Life'

JPMorgan CEO Jamie Dimon, 69, recently said that his top three priorities are his family, his country, and his purpose, which is working at the bank — in that order.

Business News

Elon Musk's xAI Is Hiring Engineers for Its Anime 'AI Companions' — With Salaries Up to $440,000 a Year

xAI launched a set of "AI companions" earlier this week, with a third on the way.