The Billionaire Migration
Why Tech Titans are Choosing South Florida
As Featured in FOX Business:
“Mark Zuckerberg becomes latest California billionaire to relocate to Florida amid tax concerns”
South Florida’s luxury market continues to attract the world’s most influential buyers. In a landmark 2026 migration, the global spotlight has focused on the historic $220M+ acquisitions by Mark Zuckerberg and Google co-founder Sergey Brin.
When global media outlets need to understand the psychology behind these high-stakes moves, they turn to our team for the narrative.
“Security will always remain paramount for the ultra-high-net-worth, and they all will always have their private security detail 24/7. Their choices between Indian Creek, Coconut Grove, Gables Estates, or Cocoplum would be more based on their personal preference of what lifestyle the immediate surroundings offer, and of course, the home itself.”
— EDDY MARTINEZ, ONE SOTHEBY’S INTERNATIONAL REALTY
| Property | Buyer | Price |
|---|---|---|
| 7 Indian Creek Island Rd | Mark Zuckerberg | $170M |
| 6569 Allison Road | Sergey Brin | $51M |
| Coconut Grove Estates | Larry Page | $173M |
While Indian Creek remains the headline-maker, we are seeing a strategic diversification of portfolios into the gated waterfront enclaves of Hibiscus Island and Palm Island. These locations offer a rare combination of ultra-private security and immediate access to the burgeoning tech hubs in Downtown Miami and Miami Beach.
Addressing the potential tax implications and the strategic shift in the California landscape, Eddy noted:
“We believe the catalyst in the billionaire migration to South Florida from California is more about the billionaire tax taking place. We believe these individuals didn’t get to where they are by FOMO — rather, their success can be attributed to a mindset of taking fast and decisive action.”
— EDDY MARTINEZ, ONE SOTHEBY’S INTERNATIONAL REALTY
As the giants of the tech world move their families, their foundations, and their capital to South Florida, the narrative of Miami as a “secondary” city has been permanently retired. We are witnessing a structural realignment of global power. In 2026, a Miami address isn’t just about the tax advantage—it’s about joining the world’s most exclusive inner circle of innovation and influence.
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ROLAND ORTIZ | EDDY MARTINEZ SPORTS & ENTERTAINMENT DIVISION
ONE SOTHEBY’S INTERNATIONAL REALTY