Reports indicate that Mark Zuckerberg and Priscilla Chan recently secured a newly completed waterfront estate on Indian Creek Island. The enclave ranks among South Florida’s most tightly held and security-driven residential communities.

Sources estimate the off-market transaction at between $150 million and $200 million. The figure highlights Indian Creek’s position among the most expensive single-family residential markets in the country. The sale has been reported, though it has not yet appeared in public records.

A Newly Built Estate Designed for Scale and Seclusion

Situated on approximately two acres of direct Biscayne Bay frontage, the newly constructed residence offers a modern waterfront compound. The design prioritizes privacy, security, and expansive outdoor living. Reported features include wraparound terraces, a private dock, and a waterfront swimming pool. Professionally curated landscaping frames the home’s bay-facing orientation.

Notably, Indian Creek Island remains one of the most restricted residential communities in the United States, with fewer than 50 homes, gated access, and a dedicated municipal police force serving residents exclusively.

Indian Creek’s Continued Appeal to Global Wealth

More broadly, Zuckerberg’s reported acquisition further reinforces Indian Creek’s draw among ultra-high-net-worth individuals. The island has become home to prominent figures across business, finance, and sports, including Jeff Bezos, Carl Icahn, and Tom Brady. A nearby newly constructed estate is currently offered at $200 million, reflecting sustained pricing strength at the highest end of the market.

The seller entity is linked to Peter Cancro, founder of Jersey Mike’s Subs, who monetized a majority stake in the brand in 2024 through a multibillion-dollar transaction with Blackstone.

South Florida’s Role in the Shifting Luxury Landscape

As a result, the acquisition aligns with a broader shift in where global capital is being placed. South Florida continues to attract executives and founders reassessing long-term tax exposure, regulatory environments, and lifestyle considerations. Florida’s lack of state income tax continues to attract high-net-worth buyers. Additionally, the state’s expanding luxury infrastructure supports demand for ultra-prime residential assets.

Zuckerberg’s real estate holdings span multiple markets, including California, Hawaii, and Lake Tahoe. The Indian Creek estate represents a strategic addition within one of the most exclusive residential corridors in the country. Meanwhile, Indian Creek Island remains closely watched among global buyers. As a result, South Florida continues to attract long-term capital.

The transaction was reported by The Wall Street Journal.