Price revealed: Jeff Bezos paid $87M for third Indian Creek estate

Billionaire Jeff Bezos paid $87 million for his third waterfront estate in the Miami area, bringing his total spent in the exclusive Indian Creek Village to $234 million. 

Bezos acquired the 10,000-square-foot, seven-bedroom, seven-bathroom mansion at 28 Indian Creek Island Road nearly a week ago on May 29 under the Sunshine Trust, records show. His pending purchase was previously reported in April. 

Bezos, the third richest person in the world with an estimated net worth of more than $197 billion, closed on the home less than a year after he acquired two waterfront adjacent properties he plans to redevelop into a larger estate also on Indian Creek island. 

The guard-gated island is home to celebrities such as Tom Brady, singer-songwriter Julio Iglesias and Ivanka Trump and Jared Kushner. Only residents and invited guests are allowed on the island. Last month, a waterfront Indian Creek home traded for $64.5 million in an off-market deal. 

Bezos’ third acquisition is a nearly 2-acre property that includes  a pool and dock. The house was built in 1956 and expanded in 1986 and 2014, property records show. 

Former banker Javier Holtz sold the home. He paid $2.5 million for the property in 1998. 

Bezos and his fiancée, Lauren Sanchez, were looking for a move-in ready mansion while he has a new estate built on the nearby properties at 11 and 12 Indian Creek Island Road. 

In October, Bezos paid $79 million for the nearly 2-acre estate at 12 Indian Creek in a deal brokered by Dina Goldentayer and Danilo Tavares of Douglas Elliman. In June 2023, Bezos paid $68 million for the adjacent mansion in a sale that was brokered by Sohely van Woerkom of Golden Ocean Real Estate, led by Gabriela Espejo. 

The Amazon founder has roots in South Florida: he graduated from Miami Palmetto Senior High School in 1982. Two years ago, his parents, Mike and Jackie Bezos, purchased two waterfront homes in Coral Gables for $78 million.