Palantir Technologies CEO Alex Karp is the buyer who paid $46 million for a waterfront Venetian Islands mansion in June, The Real Deal has learned.
Tom and Patricia Kennedy, who founded a Miami Beach-based software firm, sold the 9,700-square-foot home at 55 East San Marino Drive on San Marino Island last summer to a hidden Delaware LLC. Karp’s identity had not been previously reported.
Palantir, the controversial AI software firm, announced last month that it was moving its headquarters to Miami from Denver. The relocation is part of the wave of tech companies and their CEOs who have moved to South Florida since the post-pandemic boom.
The Miami Beach home was on the market with Douglas Elliman’s Dina Goldentayer, most recently asking $48.5 million. Joel Lusky and Zalmy Shapiro of the Brokerage South Florida represented the buyer, according to the listing. The agents declined to comment on the deal.
A wave of multimillionaires and billionaires have purchased homes in South Florida in recent months, some propelled by the proposed wealth tax in California.
Ex-Starbucks CEO Howard Schultz recently paid $44 million for a penthouse at the Four Seasons Residences at the Surf Club. Schultz announced his move to Miami from Seattle on his LinkedIn.
Also in March, Facebook founder Mark Zuckerberg and his wife Priscilla Chan closed on an under-construction waterfront Indian Creek estate for $170 million. That deal marks the most expensive home ever sold in Miami-Dade County.
In December and January, Google co-founder Larry Page paid $188 million for three Coconut Grove homes in deals that were recorded in December and January. More recently, his former colleague, Google co-founder Sergey Brin, paid $51 million for the waterfront Allison Island home of LVMH CEO Michael Burke.