A-Rod Trying to Flip Latest Miami Beach Condo for $1 Million Profit
No one is sure if Alex Rodriguez will ever play another Major League Baseball game again, but it looks like he might have a promising back-up career as a Miami Beach real estate flipper. A-Rod bought a new condo unit in Midbeach's Mei building this past June for $2.1 million. Because he had just sold his old Miami Beach pad for a hefty $15 million profit, the assumption was he might be moving in, but it turns out he's also trying to sell this place for a 50 percent profit.
It's back on the market for $3.1 million.
According to Miami Condo Investments, he did put some work into the unit. He brought in interior designer Briggs Edward Solomon to redo the décor. This is what it looked like before:
And this is what it looks like now:
The 11th-floor unit at the Asian-inspired 5874 Collins Ave. building comes with three bedrooms, two baths, and 1,725 square feet of total space.
Rodriguez real estate adventures seem to mirror the overall health of Miami's market. This year, he seems to be on a roll, but it was only just a few years ago when he was slashing prices on his Coral Gables mansion to get it off his hands.
Get the This Week's Top Stories Newsletter
Every week we collect the latest news, music and arts stories — along with film and food reviews and the best things to do this week — so that you’ll never miss Miami New Times' biggest stories.
- Dolphins Fire Kevin Coyle, Promote Lou Anarumo
Thu., Oct. 15, 7:00pm
Thu., Oct. 15, 7:30pm
Sat., Oct. 17, 12:00am
Sat., Oct. 17, 10:00am
- The Six Phases of a Gentrifying Neighborhood in Miami
- Chiquitica, Dog Who Sailed From Cuba Last Month, Hit by Car