Larry Page’s Coconut Grove Purchases and the New Billionaire Playbook in South Florida

Google co-founder Larry Page’s reported ~$173.4 million two-home buying spree in Coconut Grove has become a case study in how ultra-wealthy buyers now approach South Florida: not as a single trophy acquisition, but as a portfolio strategy optimized for privacy, flexibility, and long-term positioning. Framed against parallel moves by other high-profile buyers and a renewed national conversation about wealth taxes, these transactions help explain why Miami’s most guarded enclaves and branded, service-forward residences continue to attract global capital.