Mark Zuckerberg in Contract to Buy Indian Creek Island Mansion as Billionaire Exodus to Florida Accelerates
As reported by the Wall Street Journal, Mark Zuckerberg and his wife Priscilla Chan have quietly gone into contract to acquire one of South Florida’s most extraordinary luxury homes — a newly completed waterfront mansion at 2 Indian Creek Island Road in Miami’s ultra-exclusive Indian Creek Island enclave. The off-market deal, reportedly negotiated without public listing and possibly outside traditional brokerage channels, is estimated to be between $150 million and $200 million — a potential record for Miami-Dade County luxury residential real estate.
What Makes the Indian Creek Purchase Noteworthy
Indian Creek, known as the “Billionaire Bunker,” is one of the most secure and private residential islands in the United States. The 1.8-acre estate is newly completed and features the scale and amenities expected at the ultra-luxury level, including expansive waterfront vistas and privacy beyond typical gated communities.
The seller is Peter Cancro, founder of Jersey Mike’s Subs, who developed the property after acquiring it for significantly less in prior years.
If finalized within the reported range, the sale would underscore the ongoing surge in record-setting pricing in South Florida’s trophy home market.
A Broader Trend: Billionaires Fleeing California
Zuckerberg’s move isn’t happening in isolation. In recent months, multiple California-based tech billionaires have been spotted acquiring major real estate in Miami and surrounding South Florida markets:
Google co-founder Sergey Brin bought a waterfront mansion on Allison Island for $50M
This surge aligns with heightened concerns over a proposed “billionaire tax” in California — a one-time wealth tax targeted at residents with net worths above $1 billion that could apply retroactively, prompting strategic relocations ahead of any enactment.
Luxury real estate professionals have noted that some ultra-wealthy buyers have rapidly established Florida residency, completing purchases and closings within a week of decision — illustrating how tax policy is influencing high-end property movements.
Why Florida — and Miami — Have Become the Epicenter
Several factors make Miami and South Florida especially attractive to ultra-wealthy buyers:
No state income tax, providing a major financial incentive compared with high-tax states like California.
A robust luxury real estate market with trophy properties already in place.
A globally connected lifestyle and business community that appeals to executives and founders.
Privacy and security in enclaves like Indian Creek — coveted assets for high-profile residents.
This combination is driving not just interest but actual deals.
What Zuckerberg’s Deal Signals for the Market
Mark Zuckerberg’s reported Indian Creek acquisition isn’t just another home purchase — it’s a symbolic moment in the luxury housing segment and the broader narrative of wealth mobility in the U.S.
Whether viewed as a lifestyle choice or a financial strategy, the purchase reinforces Miami’s role as a premier destination for ultra-high-net-worth individuals. With multi-hundred-million-dollar properties transacting away from California, South Florida’s market dynamics could shift further toward scarcity and higher price benchmarks.
As billionaire migrations accelerate and tax policies evolve, luxury real estate trends once viewed as niche are now shaping national conversations about wealth, residency, and mobility.
David Beckham Sells One Thousand Museum Museum Penthouse for $24.6 Million
David Beckham has officially sold his Miami penthouse at One Thousand Museum for $24.6 million, a transaction that stands out not just for the celebrity name attached to it, but for the extraordinary price per square foot achieved compared to recent sales in the building.
The sale, which closed off-market in September, places Beckham’s residence among the most expensive condo transactions in Greater Downtown Miami over the past year — and at a valuation that significantly outpaces nearby comparables.
Inside Beckham’s Former One Thousand Museum Penthouse
Located at 1000 Biscayne Boulevard, One Thousand Museum is a striking Zaha Hadid–designed tower overlooking Museum Park and Biscayne Bay. The building is known for its full-floor and half-floor residences, ultra-private layouts, and dramatic architecture.
Beckham’s former penthouse spans 9,200 square feet, placing it in a rare tier even within a luxury tower that already caters to high-net-worth buyers. At a final sale price of $24.6 million, the transaction pencils out to $2,674 per square foot. Beckham acquired the penthouse in September 2022.
While details such as furnishings and interior upgrades were not publicly disclosed, celebrity ownership alone often adds a layer of intangible value — particularly in a globally recognized, architecturally significant building.
A $2,674 Per Square Foot Sale
What makes this sale especially notable is how sharply it contrasts with the three most recent closed sales at One Thousand Museum.
TH-1002 sold on October 24, 2025 for $1,024 per square foot
Unit 3001 sold on May 27, 2025 for $1,217 per square foot
Unit 2501 sold on May 20, 2025 for $1,188 per square foot
Even the strongest of those transactions falls well under half of the $2,674 per square foot achieved by the penthouse — meaning Beckham’s sale closed at well over double the price per square foot of the the recent comps in the building.
Why the Premium Matters
While penthouses typically command a premium, the magnitude of this spread is unusual, especially in a building where many residences already occupy full floors with panoramic views.
Several factors likely contributed to the outsized valuation:
Penthouse positioning at the top of an iconic tower
Celebrity provenance, which can meaningfully influence ultra-luxury pricing
Potential custom interiors or turnkey condition
Long-term scarcity of comparable trophy residences in Downtown Miami
Regardless of the exact mix, the sale reinforces a key takeaway: exceptional, irreplaceable units can trade on an entirely different pricing curve than the rest of the building.
A Strong Signal for Trophy Assets in Miami
Beckham — who also co-owns Inter Miami CF — has long maintained a presence in South Florida, and this sale adds to a growing list of headline-grabbing luxury transactions tied to high-profile buyers and sellers.
While the broader condo market remains sensitive to interest rates and inventory levels, this deal shows that best-in-class, one-of-one residences continue to attract premium capital, even when nearby comparables tell a very different story.
Cameron Diaz Explores Miami’s Luxury Market, According to TMZ
TMZ revealed yesterday that Cameron Diaz was spotted touring a luxury Miami mansion in late December. The estate, located in Pinecrest and reportedly owned by Houston Rockets forward Jeff Green, is on the market for $16.4 million. This seven-bedroom, seven-bath property features expansive grounds, a chef’s kitchen, and a resort-style pool—just one example of the lavish Miami homes catching the couple’s eye.
Details on the $16.4M Jeff Green Estate
Alongside her husband, Benji Madden, Diaz has reportedly toured other Miami mansions, though according to TMZ, no offers have been made yet. This potential move comes as the couple’s Beverly Hills home has been on the market since 2024, even after a price drop.
Miami’s Celebrity Wave: Will Cameron Join Wahlberg, The Weeknd, and the Rest?
This aligns with a bigger trend. Other stars have made headlines by relocating or buying in Miami—like Mark Wahlberg in Delray Beach, Larry Page’s massive estate purchase in Coconut Grove, The Weeknd settling in Coral Gables, and Robbie Williams also purchasing a waterfront mansion in Coral Gables . As Diaz contemplates Miami, it’s clear that South Florida’s star power is only growing.
Timbaland Sells Coral Gables Mansion for $14 Million
Grammy Award-winning producer Timbaland (born Timothy Mosley) has officially sold his Coral Gables mansion at 5400 Hammock Drive for $14 million, marking a significant return on his original investment. Back in 2019, he purchased the 8,452-square-foot estate for roughly $9 million, making this sale one of the more notable real estate transactions in South Florida’s luxury market this fall.
The home, a tropical-modern masterpiece, spans 8,452 square feet and features seven bedrooms and eight and a half bathrooms. Inside, the residence includes a guest house, wine cellar, sauna, full-house generator, elevator, floor-to-ceiling windows, and a state-of-the-art smart-home system. Situated on nearly one acre in the exclusive Hammock Lakes enclave of Coral Gables, the property offers a rare blend of privacy, lush landscaping, and high-end architectural design.
Originally listed for $15.9 million, the home ultimately sold for $14 million — translating to about $1,656 per square foot. The buyers were reportedly Zeroisha and Beatrice Zapata, owners of COR Medical Centers and the 1-800-NO-FAULT network. The transaction was brokered by Diana Gutierrez of Mocca Realty and Alex Pirez also of Mocca Realty.
The sale represents a roughly 56 percent gain over Timbaland’s purchase price, highlighting continued appreciation within Coral Gables’ ultra-luxury housing market. It also underscores sustained demand for high-end properties offering space, design, and seclusion — factors that have drawn celebrities, athletes, and business leaders to the area. Recent record-breaking deals in nearby Gables Estates and Cocoplum have reinforced Coral Gables’ standing as one of Miami’s most desirable enclaves.
Timbaland, a longtime South Florida resident, has been active in the local real estate scene for years. He previously sold a Pinecrest mansion in 2019 and currently owns a double unit at Aria on the Bay in Edgewater Miami. With the Hammock Drive property now off his portfolio, this sale not only delivered a strong return but also reflects growing confidence among elite buyers in Coral Gables’ luxury market.
The Weeknd Under Contract to Purchase $55M Waterfront Mansion in Coral Gables
Credit: ONE Sotheby’s International Realty
International music superstar The Weeknd—whose real name is Abel Tesfaye—is under contract to purchase a luxury waterfront estate in Coral Gables, last asking $54.9 million, according to multiple sources including The Wall Street Journal, and Architectural Digest. Represented by ONE Sotheby’s agents Eddy Martinez and Roland Ortiz, the purchase marks the Canadian-born singer’s first foray into South Florida real estate and adds yet another high-profile name to the growing list of celebrities choosing Coral Gables as their new home base.
A Trophy Estate in Gables Estates
The property, located at 41 Arvida Parkway within the prestigious Gables Estates community, offers the ultimate in privacy and grandeur. Set on a 1.24-acre peninsula, the estate boasts an astonishing 574 feet of water frontage, providing panoramic bay views and docking space for a mega-yacht up to 200 feet long.
Spanning nearly 19,000 square feet, the mansion features eight bedrooms, nine-and-a-half baths, and a design that blends contemporary luxury with Mediterranean influences. Highlights include double-height ceilings, floating staircases, an infinity-edge pool with coral-inspired mosaics, multiple terraces overlooking Biscayne Bay, and an expansive outdoor entertainment area complete with a summer kitchen.
The property was previously owned by Steven Lempera, an investor who reportedly acquired it for $27.8 million in 2019. If the deal closes near its asking price, Lempera will realize a substantial profit—another sign of the booming high-end market in Coral Gables.
The Weeknd Joins a Growing Celebrity Migration to Coral Gables
The Weeknd’s upcoming purchase is part of a broader trend of celebrities relocating to South Florida for its year-round sunshine, tax benefits, and world-class waterfront lifestyle.
Among the most recent notable buyers is Robbie Williams, who earlier this year acquired a $40 million waterfront estate in Coral Gables’ Old Cutler Bay community. The 19,000-square-foot home sits on an acre peninsula with 435 feet of water frontage, an 18-car garage, a wine cellar, and plans for a possible guesthouse and recording studio. Williams purchased the home—along with approximately $5 million worth of furnishings—from Real Housewives of Miami cast member Dr. Nicole Martin and her husband Anthony Lopez.
Another global music icon, Pharrell Williams, also owns a lavish waterfront property in Coral Gables, which he purchased a few years ago for approximately $30 million. Interestingly, The Weeknd and Pharrell have collaborated musically in the past—now, they may soon share the same zip code.
These acquisitions reflect Coral Gables’ emergence as one of South Florida’s most coveted enclaves for high-profile residents, rivaling longtime celebrity strongholds like Miami Beach’s North Bay Road and Indian Creek Island.
What This Means for the Coral Gables Market
The Weeknd’s pending purchase is poised to set a new benchmark for Coral Gables’ ultra-luxury real estate market. While $50 million–plus deals were once rare outside Miami Beach, recent closings and contracts show increasing demand for trophy waterfront properties offering privacy, acreage, and deep-water dockage.
Industry experts say the trend is being fueled by:
Tax advantages — Florida’s lack of state income tax continues to attract wealthy buyers relocating from California, New York, and abroad.
Unmatched waterfront lifestyle — Coral Gables’ canals and bayfront estates offer direct ocean access with the ability to dock superyachts, a rarity even in South Florida.
Rising prestige — As more celebrities and executives move into Gables Estates and Old Cutler Bay, the area’s profile continues to climb.
With The Weeknd joining the neighborhood’s growing roster of A-listers, Coral Gables is fast cementing its reputation as the new luxury epicenter of Miami’s residential scene.
Jeremy Shockey’s Former South Beach Penthouse Listed “Raw” for $2.6M
A South Beach penthouse once owned by two-time Super Bowl champion Jeremy Shockey has just hit the market—but not in the way you might expect. Located at The Waverly at South Beach, Penthouse 01 is asking $2,599,000. What’s surprising is that the unit is being sold completely “raw”—stripped down to the studs, offering a blank canvas for a buyer with vision. While most penthouse listings in Miami Beach come move-in ready or with designer finishes, this one presents a rare opportunity to build out a fully customized residence from scratch. With sweeping 270-degree views spanning from South Pointe to North Miami Beach and 2,582 interior square feet, the potential is undeniable.
The penthouse includes three bedrooms, three bathrooms, two assigned garage parking spaces, and sits atop a full-service bayfront building offering amenities such as a swimming pool, tennis court, volleyball court, fitness center, business center, and more. At $1,007 per square foot, the price point seems fair for a top-floor unit in a waterfront building with unobstructed views—especially considering the current owner purchased the penthouse from Jeremy Shockey in 2018 for $2.4 million. The new listing price suggests that the seller will likely walk away with a loss, especially after accounting for demolition costs, taxes, and commissions—which is surprising given how much South Beach real estate skyrocketed between 2021 and 2023.
Jeremy Shockey, known for his standout NFL career as a tight end with the New York Giants and New Orleans Saints, won two Super Bowl championships and was selected to four Pro Bowls. During his time at the University of Miami, Shockey made headlines not only for his dominance on the field but also for his high-profile lifestyle. The fact that this penthouse is still making waves years after he sold it speaks volumes about his legacy.
For the right buyer—likely someone seeking to design a one-of-a-kind Miami Beach residence—the raw state of this penthouse is a major selling point, not a drawback. Whether it’s a Miami-based end user or an investor looking to create and flip a bespoke product, the listing is sure to attract attention—not just for its views and square footage, but for its connection to a Super Bowl champion and the rare opportunity it presents in today’s luxury market.
Miami Dolphins Quarterback Tua Tagovailoa Sells Davie Home Amid Ongoing Uncertainty
Miami Dolphins quarterback Tua Tagovailoa has sold his home in Davie, Florida, signaling a potentially pivotal moment in his personal and professional life. The 5,076-square-foot property, located at 10972 Pine Lodge Trail, closed this week for $2.6 million. Tagovailoa originally purchased the five-bedroom, four-and-a-half-bathroom estate in 2020 for just under $1.7 million, shortly after being drafted fifth overall by the Dolphins. The home, situated in the exclusive gated community of Grove Creek Ranches, features a lakefront lot, expansive pool area, and high-end finishes—ideal for a young NFL star starting his career.
While the sale is confirmed, public records do not yet indicate whether Tagovailoa has purchased a new home. However, sources suggest that he plans to remain in South Florida, especially following his recent four-year, $212 million contract extension with the Dolphins. The timing of the sale, paired with his growing family—he and his wife Annah now have two children—has led many to believe the move is part of an upgrade rather than a sign of departure. Still, given his tumultuous on-field trajectory and history of injuries, the decision has sparked speculation among fans and media alike.
Tagovailoa’s NFL journey has been marked by moments of brilliance shadowed by health concerns. Over the past two seasons, he’s dealt with multiple concussions and hip issues, leading to missed games and growing worries about his long-term durability. Though the Dolphins committed to him financially in 2024, the structure of his deal includes limited guarantees beyond the 2026 season—effectively putting pressure on him to prove he can remain healthy and perform at an elite level. Retirement rumors have circulated in the past, especially following a string of concussions in 2022 and 2024, but Tua has publicly dismissed the idea, stating it has “never crossed his mind.”
The sale of his Davie home—coupled with no new home purchase publicly disclosed—has led to renewed speculation about his future with the franchise. Some fans wonder if a trade or early retirement might be on the table, while others see it as a strategic real estate decision typical of athletes entering their peak earning years. It’s worth noting that Tagovailoa listed the home earlier this year for $3 million and accepted a slightly reduced offer, still yielding a solid return on investment.
Regardless of the intent behind the move, this marks a transitional phase in Tagovailoa’s life and career. He enters the 2025 NFL season with high expectations, a massive contract to live up to, and a fan base eager to see if he can deliver consistency. For the Dolphins, his performance this year could determine not just the trajectory of the team but the direction of the franchise’s long-term plans at quarterback. As for Tua, whether he’s simply upgrading his living situation or signaling deeper change, one thing is clear: all eyes are on him both on and off the field.
David “Big Papi” Ortiz Inks Deal for Luxury Condo at Ora by Casa Tua in Brickell
According to the New York Post, MLB Hall of Famer David Ortiz—affectionately known as “Big Papi”—is officially in contract to purchase a three‑bedroom, three‑bath condo at Ora by Casa Tua, a 76‑story luxury preconstruction condo tower in Brickell Miami. The unit spans 2,297 square feet of elegantly appointed interiors—including a study and library—with a sprawling 472-square-foot terrace, offering panoramic bay and city views. Though the exact purchase price remains undisclosed, comparable residences in the building range between $3.35 to $3.75 million.
Ora by Casa Tua is a visionary luxury development rising in the heart of Brickell. Developed by Fortune International Group in partnership with Casa Tua founder Miky Grendene, the 76-story tower is designed by world-renowned architecture firm Arquitectonica, with interiors curated by Italian design studio m2atelier. Scheduled for completion in 2029, the tower blends high-end residential living with Casa Tua’s signature hospitality and culinary excellence. Residents will enjoy a comprehensive suite of amenities, including two swimming pools—one on the 12th floor and another on the rooftop—wellness facilities with hammam, steam room, sauna, and a state-of-the-art fitness center. The building also features co-working spaces, social lounges, and a three-story sky park with lush gardens, yoga lawns, and art installations. At the heart of Ora is a dining experience curated by Casa Tua, offering four distinct concepts: Terra, a gourmet market and bakery; Uva, a two-level enoteca and Mediterranean restaurant; Fuoco, a globally inspired wood-fired grill; and Vento, a rooftop bar and lounge offering sweeping views and private dining options. Perfectly located at 1210 Brickell Avenue, Ora offers future residents walkable access to the financial district, fine dining, and the vibrant culture that defines Miami’s urban core.
David Ortiz is a celebrated MLB legend and Boston Red Sox icon. Over a 20‑season career, Ortiz amassed over 500 home runs and helped lead the Red Sox to three World Series titles, earning the 2013 World Series MVP. Inducted into the Baseball Hall of Fame in 2022, Ortiz continues making his mark — notably as an MLB analyst on ESPN, where he brings his signature charm and insight to broadcasts. Beyond baseball, his philanthropic efforts—especially through the David Ortiz Children’s Fund—highlight his ongoing commitment to community and charity.
Miami Heat’s Tyler Herro Lists Pinecrest Mansion
Miami Heat guard Tyler Herro seems to be making headlines both on and off the court this offseason. With the recent listing of his luxurious 8-bedroom, 9-bathroom Pinecrestmansion for $12.2 million, trade rumors surrounding the young star have reached a fever pitch.
The luxurious mansion, spanning 9,505 square feet, showcases its grandeur and elegance to potential buyers. Initially listed for $13 million in late April, shortly after the Miami Heat’s disappointing loss to the Boston Celtics in Game 1 of the Eastern Conference first round, the price was later reduced to $12.2 million, possibly reflecting strategic considerations or market dynamics.
This lavish estate boasts an array of amenities, including an outdoor kitchen and a “resort-style” pool, creating an ideal setting for relaxation and entertainment. Additionally, the home features an elevator, wine cellar, state-of-the-art kitchen, media room, summer kitchen, and cabana, embodying luxury and sophistication at every turn. Tyler Herro acquired this modern mansion in December 2022 for $10.5 million, setting a record for the highest sale in Pinecrest at the time of purchase.
Interestingly, Herro’s decision to list his mansion comes on the heels of his four-year, $120 million contract extension with the Miami Heat, signed just two months prior. With an additional $10 million in incentives, Herro’s lucrative deal underscores his value and potential in the NBA, further accentuating the significance of his mansion listing in the context of ongoing trade discussions and personal considerations.
