Mark Zuckerberg and his wife, Priscilla Chan, have set their sights on Florida with a new, high-profile real estate purchase.
According to the New York Post, the couple bought a sprawling waterfront estate on Indian Creek Island, an exclusive enclave often called the “Billionaire Bunker,” sources told Gimme Shelter.
The property, still under construction, was listed for $200 million. The pair reportedly secured it for $170 million.
The mansion, slated for completion in late 2026, could take another 18 months before they can move in, insiders said.
The estate sits on nearly two acres and boasts 200 feet of Biscayne Bay frontage. Designed for modern Miami living, it will feature nine bedrooms, 11 bathrooms, four powder rooms, a media room, a recreation space, and a den or library for work or study.
Interiors are being handled by Ferris Rafauli, and the home includes a sweeping staircase capped by a 38-foot skylight, along with a limestone exterior.
The couple, whose children are homeschooled, will likely use parts of the home for educational purposes.
Last year in California, the couple drew attention when one of their Palo Alto properties was converted into a private school for about 14 children without proper zoning permits, leading to city complaints.
Zuckerberg and Chan are following a recent migration trend among tech billionaires leaving California, including Google co-founders Sergey Brin and Larry Page, as the state considers a one-time 5% tax on ultra-wealthy residents.
California currently counts about 246 billionaires.
The Miami property previously sold for $30 million in 2020 to cosmetic surgeon Aaron Rollins and real estate broker Marine Rollins.
The listing agents were Jill and Daniel Hertzberg of Coldwell Banker, while Brett Harris of Bespoke represented the buyers.
With panoramic water views, a classically designed layout, and abundant space for both family life and entertaining, the new home signals that Zuckerberg and Chan are firmly setting roots in Florida, joining a growing list of tech moguls seeking refuge from California’s tax proposals and regulatory climate.
