Yes, it is a limitation, and it is not possible to create multiple volumes referencing the same S3 bucket. This restriction ensures consistency and prevents conflicts when accessing the same data source.

Possible Solution:

1. Use subdirectories within the same bucket. For example:
   • s3://bucket/prod
   • s3://bucket/test

Below are some links for reference:
https://community.databricks.com/t5/data-governance/external-locations/td-p/67356 

https://kb.databricks.com/unity-catalog/invalid_parameter_valuelocation_overlap-overlaps-with-manage...