A-Rod Sells Miami Beach Mansion For $15 Million Profit
Well, at least his neighbors hopefully won't have to complain anymore about all the filming that was going down there
Yankees slugger Alex Rodriguez has reportedly sold his Miami Beach mansion for $30 million. He had bought the home in 2010 (while dating Cameron Diaz) for $7.4 million and then invested another $7.6 million in major renovations. All-in-all that comes out to a tidy $15 million profit.
Although the transaction hasn't appeared in public records yet, word in the real estate world is that Rodriguez needs to clear out his belongings from the breathtaking contemporary house within the next two weeks.
The buyer is said to be a Palm Beach resident.
The home, along the exclusive North Bay Road, has seven bedrooms, ten bathroom and a total of 21,700 square feet. A-Rod was infamous for renting the home out to producers to use as a filming locations for films, television and advertisement, a practice that earned him the ire of many neighbors. Hopefully, for their sake, the new owner will use the place as an actual home and not a mini-movie studio.
Rodriguez has originally put the home on the market in August for $38 million. He pulled it off the market for a little while, but re-listed it again in January.
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