Floyd Mayweather Jr. Sells His Palm Island Mansion for $22M

While boxing legend Mike Tyson was reduced to duking it out with YouTuber turned boxer Jake Paul in Dallas to make ends meet, a fellow pro boxing champ was raking in millions in Miami Beach via a significantly less physically taxing method.

As first reported by the Real Deal, Floyd Mayweather Jr. recently sold his nearly 11,000-square-foot mansion at 288 Coconut Ln. on Palm Island for $22 million in an off-market deal. The home was built in 2011.

The boxing champ, who retired undefeated in 2017, bought the mansion for $18 million in 2021. The nine-bedroom, ten-and-a-half-bathroom residence includes an indoor movie theater, a gym, a pool, an elevator, game room, a driveway space, and four garages to store ten cars.

According to the listing, the three-story home features a 5,000-square-foot rooftop “with unique 360-degree visibility” and a private dock. Dina Goldentayer of Douglas Elliman was the listing agent.

Before buying on Palm Island, Mayweather sold his previous waterfront home on Pine Tree Drive in Miami Beach for $6.3 million. He’d purchased the property for nearly $8 million in 2016.

Fresh off his mansion sale, Mayweather is reportedly poised to acquire a stake in Miami Beach’s iconic Villa Casa Casuarina, better known as the Versace Mansion, on Ocean Drive.

And in other recent real estate sporting news, Miami Heat guard Tyler Herro decided to take his Pinecrest mansion off the market – quieting rumors that the young shooting guard will be part of a trade this season.