Tom Brady is open to selling his new Miami mansion. It's the latest sign of Jeff Bezos' effect on his neighbors.
Jeffrey Greenberg/Education Images/Universal Images Group via Getty Images
- Tom Brady is open to selling his newly built home on Indian Creek Island.
- He spent $17 million on the vacant lot in 2020 and has reportedly received offers over $150 million.
- Indian Creek homes are historically expensive, but Bezos' presence has boosted prices further.
Football legend Tom Brady is open to selling his newly-built mansion on exclusive Indian Creek Island in Miami.
Brady is entertaining offers on the home only a few months after its completion, a source familiar with luxury real estate in South Florida told Business Insider.
Bloomberg, which on Thursday reported Brady's whisper listing citing three people familiar with the situation, said he has received offers exceeding $150 million and that talks are underway.
Representatives for Brady did not respond to a request for comment.
According to property records, Brady purchased an empty lot on Indian Creek Island for $17 million in 2020. The LLC associated with the property filed a notice of commencement to start constructing a two-story home in August 2021. He took out a $35 million construction loan in 2023, records show.
Brady's property features four separate structures, as well as a jacuzzi, a tennis court, a pool, and a private dock with access to Biscayne Bay, according to property records. Construction finished in 2024.
A man-made island in Miami-Dade County known as the "Billionaire Bunker," Indian Creek's uber-rich homeowners include Jared Kushner and Ivanka Trump and billionaire Carl Icahn.
Jeff Bezos — who spent nearly $230 million purchasing three properties on Indian Creek over the last two years — has only raised the profile of the island.
The prices of Indian Creek real estate have always been high, but asks have ballooned as Bezos resets the market.
A 1.84-acre vacant lot on the island that was purchased for $27.5 million in 2018 is now on the market for $200 million.
"If it's a new build house, buyers are willing to pay premium," Ilya Reznik, the broker representing the sellers of the $200 million lot, told BI in December. "This is just what's going on in Miami."
Properties on the island are scarce. There are only about 40 homes spread throughout its 300 acres. Security is paramount: There is one bridge connecting Indian Creek to the mainland, and it is heavily guarded by the island's own police force.