After nearly three decades in the Seattle area and some two years after stepping down as CEO of Seattle-based Amazon, Jeff Bezos is leaving the Pacific Northwest for Miami, he announced Thursday on Instagram. The world’s third richest person has purchased two homes on Indian Creek, Miami-Dade County’s luxury island community, in the past five months, snapping up a $68 million mansion in an off-market transaction in June and a $79 million pad right next door in October.

Indian Creek is a 294-acre man-made barrier island with just 41 homes all on one road, Indian Creek Island Road. The population was last tallied at a total of just 84 people, which includes a host of high-profile residents and billionaire landowners. What is so attractive about this area of luxury real estate?

Forbes wealth reporters Phoebe Liu and Giacomo Tognini meet on ‘Forbes Talks’ to break down the migration of the uber-rich to this secluded Miami island.

Stay Connected

Forbes newsletters: https://newsletters.editorial.forbes.com

Forbes on Facebook: http://fb.com/forbes

Forbes Video on Twitter: http://www.twitter.com/forbes

Forbes Video on Instagram: http://instagram.com/forbes

More From Forbes: http://forbes.com

Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.