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#Bezos Buys $69.5 Million Miami Beachfront Mansion
Bezos has bought another home in Miami.
This time, it’s a $69.5 million beachfront mansion.
The deal closed in September and only recently came to light.
The home is in Golden Beach.
The address is 255 Ocean Boulevard.
It has 17,500 square feet of interior space.
The buyer was listed as a Delaware company.
This kind of arrangement can keep the real buyer hidden.
He already owns property in the area.
He previously spent $237 million on that group of homes.
The new house is very close to his old one, and local agents say it’s intended as a beach house.
Delaware companies are a common ownership structure.
They offer flexibility for privacy and taxes.
The deal wasn’t publicly listed.
The buyer and seller negotiated directly.
Miami’s luxury home market is hot this year.
Sunshine and taxes are two major selling points.
The buyer’s identity has yet to be publicly confirmed.
The agent’s account is only speculation, too.
Luxury homes also come with high maintenance costs.
In crypto, wealthy people piling into hard assets is much like institutions buying Bitcoin.
Which do you think is a better hedge against inflation: luxury homes or Bitcoin? Share your thoughts in the comments.
#Bezos Buys $69.5 Million Miami Beachfront Mansion
Bezos has bought another home in Miami.
This time, it’s a $69.5 million beachfront mansion.
The deal closed in September and only recently came to light.
The home is in Golden Beach.
The address is 255 Ocean Boulevard.
It has 17,500 square feet of interior space.
The buyer was listed as a Delaware company.
This kind of arrangement can keep the real buyer hidden.
He already owns property in the area.
He previously spent $237 million on that group of homes.
The new house is very close to his old one, and local agents say it’s intended as a beach house.
Delaware companies are a common ownership structure.
They offer flexibility for privacy and taxes.
The deal wasn’t publicly listed.
The buyer and seller negotiated directly.
Miami’s luxury home market is hot this year.
Sunshine and taxes are two major selling points.
The buyer’s identity has yet to be publicly confirmed.
The agent’s account is only speculation, too.
Luxury homes also come with high maintenance costs.
In crypto, wealthy people piling into hard assets is much like institutions buying Bitcoin.
Which do you think is a better hedge against inflation: luxury homes or Bitcoin? Share your thoughts in the comments.