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Meta CEO Mark Zuckerberg Buys Multimillion-Dollar Miami Mansion
The Facebook founder and his wife Priscilla Chan have acquired a lavish estate on Indian Creek Island, known as the 'Billionaire Bunker'.
Feb. 10, 2026 at 8:31pm
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Meta CEO Mark Zuckerberg and his wife Priscilla Chan have purchased a multimillion-dollar waterfront property on Indian Creek Island in Miami, Florida. The couple likely paid between $150 million and $200 million for the two-acre estate, which was previously owned by Jersey Mike's founder Peter Cancro. The property features a main house, a suspected guest or guard house, and a palm tree-lined pool area.
Why it matters
Indian Creek Island has earned the nickname 'Billionaire Bunker' due to its high concentration of wealthy owners, including Jeff Bezos, Ivanka Trump, and Carl Icahn. Zuckerberg's purchase further solidifies the island's reputation as a haven for the ultra-rich and highlights the growing trend of tech billionaires investing in luxury real estate.
The details
Zuckerberg and Chan's new Miami property was just completed and was never officially listed on the market. Satellite images show the estate includes a main house with an entry courtyard, a suspected guest or guard house, and a palm tree-lined pool area with cabanas. The couple already owns homes in Palo Alto, Lake Tahoe, Hawaii, and Washington, D.C., in addition to their new Miami acquisition.
- Zuckerberg and Chan purchased the property in early 2026.
- The previous owner, Jersey Mike's founder Peter Cancro, bought the property in 2021 for $37 million.
The players
Mark Zuckerberg
The co-founder and CEO of Meta (formerly Facebook), one of the world's wealthiest individuals with a net worth of roughly $230 billion.
Priscilla Chan
Zuckerberg's wife, a philanthropist and co-founder of the Chan Zuckerberg Initiative.
Peter Cancro
The founder and CEO of the Jersey Mike's Subs sandwich chain, who previously owned the Miami property purchased by Zuckerberg and Chan.
Indian Creek Island
A 300-acre private island off the coast of Miami Beach that has become known as the 'Billionaire Bunker' due to its high concentration of ultra-wealthy residents, including Jeff Bezos, Ivanka Trump, and Carl Icahn.
The takeaway
Zuckerberg's purchase of a multimillion-dollar mansion on Indian Creek Island, a haven for the ultra-wealthy, further solidifies the tech billionaire's real estate portfolio and highlights the growing trend of tech leaders investing in luxury properties in exclusive enclaves.
