Real Estate Lifestyle News

Florida Island Faces Billionaire-Driven Gentrification of Millionaire Residents

Indian Creek Village in Miami-Dade County, Florida, known as the "Billionaire Bunker," has become even more exclusive post-COVID, with property prices soaring close to $100 million. The island, which has only 41 lots and its own mayor, is now home to billionaires like Jeff Bezos, who recently spent $146 million on two properties, and Ivanka Trump. The top five homeowners in Indian Creek have a combined wealth of $191 billion, highlighting the enclave's extreme affluence and exclusivity, where only billionaires can afford to live.