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 here

Recent posts


7 Must-Do Pre-Halloween Events

by Sep Niakan | October 13, 2016

I know Halloween’s around the corner and it’s a given it will be the highlight of everyone’s social calendar. Miami’s Fall calendar is full of exciting events and here’s the low-down on how you can enjoy the run up to...

Real Estate News

With Approved 960-Foot Brickell Market Place, a Headache for Brickell Heights?

by Sep Niakan | September 27, 2016

Claro Development’s latest at 10 SW 8th Street is going to be a tall order, literally! Fresh-approved by the FAA, the Brickell Market Place is set to rise up to 954 feet above ground, or 960 feet above sea level. Approved after a seven-month...

Real Estate News

An Edgewater Miami Hotel Joins the Micro-unit “Tiny Homes” Trend

by Sep Niakan | September 26, 2016

Come year-end, Miami’s Edgewater neighborhood will be home to one of Best Western International’s first boutique hotel brand offerings - Vib. Best Western’s chosen only 20 key urban markets (including Miami) across North America to...

Real Estate News

Skyrise Miami: Future Tourist Destination and Hard Pill to Swallow for Miami Locals

by Sep Niakan | September 23, 2016

The Berkowitz Development Group, describes SkyRise as their “abstract version of the Statue of Liberty”. Approved in 2014, this R-shaped structure is being built in tandem with the revitalization of Bayside Marketplace. The tower will be...