Amazon founder Jeff Bezos purchased a new home in Florida's "Billionaire Bunker" and has reportedly spent around $68 million on bagging the property.
The mega-mansion was purchased by the 59-year-old founder on June 27, according to The Real Deal.
Bezos and his fiancée, former news anchor and pilot Lauren Sánchez, had reportedly been looking for a new or renovated mansion in the Miami area.
The uber private island is home to supermodel Adriana Lima, property magnate Jeff Soffer, singer and songwriter Julio Iglesias and car dealership mogul Norman Braman. | Fox News
The home, which is located in Miami's Billionaire Bunker, was built in 1965 and expanded in 1985 and features 9,300 square feet with three bedrooms and three bathrooms on a 2.8-acre lot.
Bezos is expected to bulldoze the site and build a new mega mansion on the beautiful waterfront plot.
Jeff Bezos are expected to bulldoze the current home and build a new mansion on the property. | Fox News
The world's third-richest person is the newest resident on the exclusive island and home to supermodel Adriana Lima, property magnate Jeff Soffer, singer and songwriter Julio Iglesias and car dealership mogul Norman Braman.
It is also soon-to-be a home for retired NFL legend Tom Brady as well as Ivanka Trump and Jared Kushner - both of whom are currently constructing lavish residences a stone's throw away from Bezos' new plot.
The Amazon founder, and the world’s third-richest person, agreed to pay $68 million for an estate in Indian Creek, a man-made barrier island in the larger Miami area. (The Mega Agency / Fox News)
Bezos' latest real estate venture adds to his portfolio worth upward of $500 million, accounting for inflation.
Ranging from properties in Beverly Hills to Seattle to good ol’ West Texas, and even cities like Washington, DC, and New York City, Bezos has a home for each climate.