Miami Condo Market and Lifestyle Updates
Beleaguered A-Rod Sells MB Mansion for Record-breaking Price

Beleaguered A-Rod Sells MB Mansion for Record-breaking Price

by Sep Niakan | August 13, 2013

New York Yankee third baseman Alex Rodriguez may have just recently been suspended for one and a half seasons from the sport that made him his fortune, but his recent record-breaking real estate sale is sure to keep him in the financial black for the foreseeable future. The All-Star athlete sold his Miami Beach mansion in May for $30 million, the highest price ever on North Bay Road. Even then, the sale price was still $8 million less than the original asking price while netting A-Rod $15 million in profit.

The Miami native initially bought the house three years ago for $7.4 million and spend an additional $7.6 million to renovate it to a more modern design. The nearly 20,000 square feet of residential expanse encompasses nine bedrooms, 11 full bathrooms, two half bathrooms, a gourmet kitchen, and a four-car garage. But the amenities don’t stop there as it also features a surround sound home theater, a vanishing-edge heated pool, an outdoor kitchen, rooftop deck, and a guest house.

Since the mansion was the residence of a high-level athlete, it also features a stand-alone gym, a 3,000 square foot sports room with batting cage, sauna, and steam room. Though the buyer is currently unknown, it was reputedly purchased by a celebrity who currently resides in Palm Beach.



                                                                See more pictures 1839.267816826583422&type=3&uploaded=10" style=" text-align: center; font-size: 16px;" target="_blank">here

Recent posts

Real Estate News

Luxury Miami Condo Report : March 2017

by Sep Niakan | April 20, 2017

Miami Luxury Condo Report Overall Market Summary City and Neighborhood Luxury Condo Reports              Miami Beach Luxury Condo Report                  ...


Miami May Events Round-up

by Sep Niakan | April 18, 2017

The temperatures are picking up and it’s time to lather on the sun tan and cool off with some awesome events around town. Here’s our pick of the hippest festivals in Miami to make for a magnificent May: SunFest Music and Arts Festival...


A Guide to Miami's Best Beaches

by Sep Niakan | April 17, 2017

Think Miami Beach and most people conjure up images of Spring Break, bikini-clad college students and a wild party worthy of '90s-era MTV. However, truth is that Miami’s beaches have a lot more to offer than those hyped up versions of...

Real Estate News

Miami’s New and Pre-Construction Condo Update: March 2017

by Sep Niakan | April 14, 2017

March has been a pretty busy month for Miami’s condo pre-construction market. From two sales gallery launches to four buildings topping-off, there’s been plenty of activity to keep the market abuzz. The biggest news, however, came in the...