If there's one thing Jeff Bezos knows how to do, it's raise the stakes – whether it's in e-commerce, space travel or even real estate. The Amazon founder recently made headlines with his splashy purchases on Miami's exclusive Indian Creek Island, nicknamed the "Billionaire Bunker." But now, one of his neighbors is taking the "asking price" concept to a whole new level.
A 1.84-acre empty lot right next to Bezos' properties is up for grabs and the price tag? A whopping $200 million. Yes, you read that right – $200 million for less than two acres of land. To put it in perspective, the current owners bought the same lot for $27.5 million in 2018. That's almost an eightfold increase in just five years. So, what's driving the jaw-dropping price hike?
Don't Miss:
- Warren Buffett once said, "If you don't find a way to make money while you sleep, you will work until you die." These high-yield real estate notes that pay 7.5% – 9% make earning passive income easier than ever.
- These five entrepreneurs are worth $223 billion – they all believe in one platform that offers a 7-9% target yield with monthly dividends
Welcome to Indian Creek: The World's Most Exclusive Address
Indian Creek isn't your average gated community. It's a 300-acre, human-made island in Miami-Dade County, home to about 40 properties. With a private bridge, 24/7 armed security and a police force that patrols the perimeter like it's Fort Knox, it's the kind of place where billionaires go to escape the rest of us.
Jeff Bezos joined the elite club in 2023, shelling out over $237 million across three separate purchases. His real estate spree included a $68 million mansion, a $79 million adjacent property and a third mansion for $90 million. According to reports, he planned to live in the third home while the other two were demolished to build one mega-mansion. Clearly, he's all in on Miami, leaving Seattle behind after 29 years.
Other residents include Jared Kushner, Ivanka Trump, Carl Icahn and Tom Brady. And now, the mystery seller of the $200 million lot is betting that Bezos' arrival has elevated Indian Creek's already sky-high real estate market.
Trending: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today.
What's So Special About This Empty Lot?
Aside from being Jeff Bezos' soon-to-be neighbor, the lot boasts 200 feet of prime Biscayne Bay waterfront. According to the listing, it's perfect for building a deep-water dock accommodating a 180-foot megayacht. There are pre-design plans for a 25,000-square-foot mansion, which the new owner can either embrace or toss out entirely.
Broker Ilya Reznik, who represents the anonymous sellers, told Business Insider the asking price reflects the "unique location."
"Bezos did pay the numbers, which are really high," Reznik said. "But now those prices are there and the market is there – and higher."
Reznik also pointed to Miami's overall real estate frenzy, where new-build luxury homes command premium prices. "If it's new, buyers are willing to pay a premium. This is just what's going on in Miami," he added.
Is $200 Million Too Much?
A $200 million price tag for an empty lot on Indian Creek Island raises eyebrows – even in billionaire real estate. While the exclusivity of the location and the arrival of high-profile neighbors like Jeff Bezos have undeniably boosted demand, the fact remains: this is 1.84 acres of undeveloped land and waterfront.
To put things in perspective, the asking price far exceeds what Bezos paid for any of his three properties on the island. Indian Creek is certainly a trophy address, but this price could give even the wealthiest buyers a reason to pause.
That said, Miami's ultra-luxury real estate market often defies traditional logic. Sometimes, it's just about saying, "Yeah, I live next to Jeff Bezos."
So, will this empty lot sell for its ambitious price? Only time – and the whims of the ultra-wealthy – will tell.
Read Next:
- During market downturns, investors are learning that unlike equities, these high-yield real estate notes that pay 7.5% – 9% are protected by resilient assets, buffering against losses.
- This Jeff Bezos-backed startup will allow you to become a landlord in just 10 minutes, with minimum investments as low as $100 for properties like the Byer House from Stranger Things.
© 2025 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.