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Is South Florida becoming the new Silicon Valley (or would Silicone Valley be more fitting)? Body modification jokes aside, South Florida seems to be attracting more billionaires by the day, so centi-billionaire Meta Platforms CEO Mark Zuckerberg’s potential move to the 305 likely won’t shock many.
Zuckerberg and his wife, Dr. Priscilla Chan are eyeing a $200 million listing at 7 Indian Creek Island Rd., according to the Real Deal.
New Times initially reported that Zuckerberg and his wife, Dr. Priscilla Chan, had bought a home for between $150 and $200 million in Indian Creek’s illustrious Billionaire Bunker, citing a now-updated Wall Street Journal story. The home was reportedly tied to Jersey Mikes Subs founder Peter Cancro and his wife, Tatiana Cancro. But that information turned out to be false.
According to the Journal, the Meta CEO and his wife are in discussions about purchasing the unfinished mansion owned by Dr. Aaron Rollins — a cosmetic surgeon and founder of AirSculpt — and his wife, Marine Rollins, which was listed for $200 million in November. Danny and Jill Hertzberg of Coldwell Banker Realty are the agents representing the nearly 28,000-square-foot home, which boasts 9 bedrooms and 15 bathrooms, an Alice in Wonderland-esque pool facing the bay, and, of course, a private dock.
The Hertzbergs had not returned New Times‘ requests for comment by phone or email at the time of this publication.
Indian Creek, a man-made barrier island between Surfside and Biscayne Park in the bay, has attracted the likes of Amazon founder Jeff Bezos, Ivanka Trump and Jared Kushner, NFL legend Tom Brady, and investor Carl Icahn.
If Zuckerberg makes the move, he will be the latest high-profile Californian to relocate to South Florida, likely pushed across the country in part by his state’s proposal of a five percent Billionaire Tax Act and Florida’s lack of state income tax.
“Real-estate agents in South Florida say they have been working non-stop showing properties to Californians since the possibility of the new tax was announced,” the Journal story reads. Apparently, Miami real estate lawyers also worked at a “breakneck pace” to close sales on many high-end properties late last year, the story continues.
The wealth tax, which could make it to the California general election in November, is supposed to apply retroactively to January 1, though many speculate that provision will bring on legal challenges. Maybe Zuckerberg will be on the line for those taxes, after all, but paying them from his undoubtedly lavish mansion in Billionaire Bunker might soften the blow.
Editor’s Note: A former version of this story erroneously stated that Zuckerberg bought a home on Indian Creek that was tied to Jersey Mikes Subs founder Peter Cancro.