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Google Co-Founder Larry Page Acquires Miami Properties for $173.4 Million

In a significant move, Google co-founder Larry Page has reportedly purchased two luxurious homes in the Miami area for a staggering total of $173.4 million. This acquisition marks a definitive shift away from California, where Page has long resided.

According to sources familiar with the transaction, the Wall Street Journal reported that Page acquired a waterfront property for $101.5 million in December, previously owned by the late restaurateur Jonathan Lewis. Shortly thereafter, on January 5, he purchased another home for $71.9 million from heiress Sloan Lindemann Barnett and her husband.

Interestingly, the Journal also indicated that Sergey Brin, Page’s Google counterpart, is contemplating a home purchase in Miami.

“When a billion-dollar-level buyer makes a move like this, it tells you everything you need to know: Miami is the upgrade. It’s both a lifestyle play and a financial strategy,” Goldentayer remarked to Fox News Digital.

TEXAS, FLORIDA AGAIN TOP U-HAUL ‘GROWTH INDEX’

Goldentayer elaborated, stating, “Billionaires from California and New York are done with high taxes and heavy regulation. They want privacy, efficiency, and freedom. Miami offers all of that, plus world-class living. Deals like this reinforce that Miami is the destination for high-net-worth individuals seeking it all.”

Aerial view of Miami's Coconut Grove and Larry Page

Google co-founder Larry Page has reportedly bought two ultra-luxury properties in Miami’s Coconut Grove neighborhood. (Getty Images)

This substantial investment aligns with Page’s recent departure from California, especially as the state’s billionaires face a proposed wealth tax. Public filings reviewed by Fox News Digital reveal that several business entities associated with Page were relocated out of California in December, ahead of the January 1, 2026, residency date linked to the proposed tax.

These filings indicate that his family office, Koop LLC, and his influenza research fund, Flu Lab LLC, are no longer operating in California, while his flying-car venture, One Aero, has now registered its primary address in Florida.

Although the initiative has yet to qualify for the November 2026 ballot, the proposal—backed by the Service Employees International Union–United Healthcare Workers West—would impose a one-time 5% tax on the net worth of California residents exceeding $1 billion.

Since the announcement of this proposed legislation in October, ONE Sotheby’s International Realty has reported a 19% increase in web traffic from California, according to top South Florida agent Michael Martinez.

“I’m seeing continued inbound interest from California and the Northeast, with buyers seeking privacy, security, and turnkey waterfront or estate properties,” he shared. “There are more showings with high-net-worth buyers, more off-market conversations, and buyers are moving quickly when a truly irreplaceable property becomes available.”

Goldentayer added, “I’m receiving calls daily and consistently showing properties to qualified buyers. The latest wave is coming from the West Coast, as people aim to preemptively relocate before the proposed California billionaire tax takes effect.” These buyers are confident in Miami’s long-term potential and recognize the limited inventory of trophy estates.

The compound on Biscayne Bay in Coconut Grove spans an impressive 4.5 acres in one of Miami’s most exclusive communities. Realtor.com previously reported that Lewis originally assembled ten parcels of land in the 1980s to create this estate.

The property features two primary residences: one designed in a 1920s Mediterranean style for Secretary of State William Jennings Bryan, and a more modern home constructed for Lewis’ father in 2002.

The second property, reportedly an off-market sale, is located less than a mile from the compound.

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Goldentayer noted, “A trade like this recalibrates the entire neighborhood as it hits $7,000 per square foot. We’ve seen this trend in Miami Beach, Bal Harbour, Golden Beach, and now it’s evident in Coconut Grove.”

“Coconut Grove is one of the most coveted areas in Miami for a reason. It’s private, walkable, and possesses that old-Miami charm that can’t be replicated,” she added. “Camp Biscayne, in particular, is an ultra-prestigious community offering access to incredible restaurants, shops, and schools—all while ensuring total privacy behind gates. The estate provides scale, security, and long-term value, which are exactly what buyers at this level seek.”

READ MORE FROM FOX BUSINESS

In a significant move, Google co-founder Larry Page has reportedly purchased two luxurious homes in the Miami area for a staggering total of $173.4 million. This acquisition marks a definitive shift away from California, where Page has long resided.

According to sources familiar with the transaction, the Wall Street Journal reported that Page acquired a waterfront property for $101.5 million in December, previously owned by the late restaurateur Jonathan Lewis. Shortly thereafter, on January 5, he purchased another home for $71.9 million from heiress Sloan Lindemann Barnett and her husband.

Interestingly, the Journal also indicated that Sergey Brin, Page’s Google counterpart, is contemplating a home purchase in Miami.

“When a billion-dollar-level buyer makes a move like this, it tells you everything you need to know: Miami is the upgrade. It’s both a lifestyle play and a financial strategy,” Goldentayer remarked to Fox News Digital.

TEXAS, FLORIDA AGAIN TOP U-HAUL ‘GROWTH INDEX’

Goldentayer elaborated, stating, “Billionaires from California and New York are done with high taxes and heavy regulation. They want privacy, efficiency, and freedom. Miami offers all of that, plus world-class living. Deals like this reinforce that Miami is the destination for high-net-worth individuals seeking it all.”

Aerial view of Miami's Coconut Grove and Larry Page

Google co-founder Larry Page has reportedly bought two ultra-luxury properties in Miami’s Coconut Grove neighborhood. (Getty Images)

This substantial investment aligns with Page’s recent departure from California, especially as the state’s billionaires face a proposed wealth tax. Public filings reviewed by Fox News Digital reveal that several business entities associated with Page were relocated out of California in December, ahead of the January 1, 2026, residency date linked to the proposed tax.

These filings indicate that his family office, Koop LLC, and his influenza research fund, Flu Lab LLC, are no longer operating in California, while his flying-car venture, One Aero, has now registered its primary address in Florida.

Although the initiative has yet to qualify for the November 2026 ballot, the proposal—backed by the Service Employees International Union–United Healthcare Workers West—would impose a one-time 5% tax on the net worth of California residents exceeding $1 billion.

Since the announcement of this proposed legislation in October, ONE Sotheby’s International Realty has reported a 19% increase in web traffic from California, according to top South Florida agent Michael Martinez.

“I’m seeing continued inbound interest from California and the Northeast, with buyers seeking privacy, security, and turnkey waterfront or estate properties,” he shared. “There are more showings with high-net-worth buyers, more off-market conversations, and buyers are moving quickly when a truly irreplaceable property becomes available.”

Goldentayer added, “I’m receiving calls daily and consistently showing properties to qualified buyers. The latest wave is coming from the West Coast, as people aim to preemptively relocate before the proposed California billionaire tax takes effect.” These buyers are confident in Miami’s long-term potential and recognize the limited inventory of trophy estates.

The compound on Biscayne Bay in Coconut Grove spans an impressive 4.5 acres in one of Miami’s most exclusive communities. Realtor.com previously reported that Lewis originally assembled ten parcels of land in the 1980s to create this estate.

The property features two primary residences: one designed in a 1920s Mediterranean style for Secretary of State William Jennings Bryan, and a more modern home constructed for Lewis’ father in 2002.

The second property, reportedly an off-market sale, is located less than a mile from the compound.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Goldentayer noted, “A trade like this recalibrates the entire neighborhood as it hits $7,000 per square foot. We’ve seen this trend in Miami Beach, Bal Harbour, Golden Beach, and now it’s evident in Coconut Grove.”

“Coconut Grove is one of the most coveted areas in Miami for a reason. It’s private, walkable, and possesses that old-Miami charm that can’t be replicated,” she added. “Camp Biscayne, in particular, is an ultra-prestigious community offering access to incredible restaurants, shops, and schools—all while ensuring total privacy behind gates. The estate provides scale, security, and long-term value, which are exactly what buyers at this level seek.”

READ MORE FROM FOX BUSINESS