Miami heat: Phones are ringing off the hook as California billionaires look to drop 9 figures on homes in the 305

Google cofounder Larry Page purchased two properties in Miami for $170 million. Mark Zuckerberg and Sergey Brin may be next.

Jeff Bottari/Getty; Jeff Chiu/AP, Christopher Polk/Getty; Getty Images; Tyler Le/BI

• California billionaires looking for a favorable tax policy are making Miami hotter than ever.
• Larry Page spent nine figures on three properties, and Mark Zuckerberg and Sergey Brin are reportedly looking.
• Luxury agents say that at the upper end of the market, prices are going one direction: up.