Google founder Larry Page is reportedly buying Miami homes for $173.4 million
Douglas Elliman’s No. 1 national agent Dina Goldentayer talks to Fox News Digital about why Miami and West Palm Beach have surpassed New York City as the world’s fastest-growing economic centers.
Google founder and billionaire Larry Page has strengthened his exit from the Golden State, as he has reportedly purchased two Miami homes for a combined $173.4 million.
People who are not familiar with the situation he told the Wall Street Journal exclusively that page paid $101.5 million in December for the waterfront property, which resembles a compound that was the former home of late restaurateur Jonathan Lewis. Then, on Jan. 5, bought a nearby home for $71.9 million from heiress Sloan Lindemann Barnett and her husband.
The journal also cited sources as saying that Page’s Google partner, Sergey Brin, is in talks to buy the Miami home.
“When a multibillion-dollar buyer makes a move like this, it tells you all you need to know: Miami is a development. It’s both a lifestyle play and a financial strategy,” Dina Goldentayer of Douglas Elliman told Fox News Digital.
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“Billionaires from California and New York are made from high taxes and heavy regulations. They want privacy, efficiency and freedom,” he continued. “Miami offers them all that, plus a world-class lifestyle. Offers like this just confirm that Miami is the destination of choice for high-net-worth individuals when they want it all.”
Google founder Larry Page has reportedly bought two luxury properties in Miami’s Coconut Grove neighborhood. (Getty Images)
It’s Page’s latest exit from California, as the clock ticks on the state’s billionaires who may soon face trouble. the proposed wealth tax.
Public records reviewed by Fox News Digital earlier this week from the California Secretary of State’s office show that several businesses linked to Page were removed from the state in December, before the Jan. 1, 2026, the effective date of the proposed tax.
Those documents indicate his family office, Koop LLC, and his flu research fund, Flu Lab LLC, no longer operate in California, while the flying car company, One Aero, now lists its main address in Florida.
Although the plan is not yet up for a 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 over $1 billion.
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Since the proposed legislation was announced in October, ONE Sotheby’s International Realty has seen a 19% increase in the number of people from California, South Florida top agent Michael Martinez told Fox News Digital.
“I’m seeing continued interest from California and the Northeast, buyers asking for privacy, security and water features that turn around or buildings,” he said. “A lot of shows with high-value buyers, a lot of off-market conversations, with buyers [are] to move quickly when truly immovable property is available.”
“I get calls every day and I show properties consistently to qualified buyers. The newest wave is from the West Coast, people who want to get ahead of the proposed California tax bill and set up in Florida now,” said Goldentayer. “These buyers believe in Miami for a long time, and they know that the inventory of trophy estates is limited.”
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The compound on Biscayne Bay at Coconut Grove covers 4.5 acres in one of Miami’s most exclusive communities. Realtor.com previously reported that Lewis originally combined 10 parcels of land in the 1980s to build the property.
It has two main houses: one with a 1920s Mediterranean style, designed for Secretary of State William Jennings Bryan, and a modern house built for Lewis’ father in 2002.
The second place is reported to belong to the market and is located less than one kilometer from the compound.
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“Trades like this are revitalizing everywhere as they go up to $7,000 per square foot. We’ve seen this in Miami Beach, Bal Harbour, Golden Beach and now we’re seeing it in Coconut Grove,” Goldentayer noted.
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“Coconut Grove is one of Miami’s most coveted boutiques for a reason. It’s private, walkable, and has that classic Miami charm that you can’t replicate,” he added. “Camp Biscayne is a prestigious community where you have access to everything, including great restaurants, shopping, and schools – yet you’re behind gates with complete privacy. The estate offers scale, security and long-term value. That’s what quality buyers are drawn to.”
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