Amazon founder Jeff Bezos has purchased a home in Miami, according to Bloomberg.
Bezos is paying $68 million for a 2.8-acre property on Indian Creek Island.
An existing home on the property will be torn down to make way for a new home, The Real Deal reported.
Both news outlets said that Bezos is continuing to look for additional properties to buy in Miami.
Indian Creek in 1969:
(photo: Florida Memory)