Monday, June 29, 2009

Miami Luxury Homes, Miami Beach Real Estate

Shaq's Miami Luxury Home sells for $16 million

According to a posting on the Multiple Listing Service, NBA star Shaquille O'Neal got $16 million for his Miami luxury homes on Miami Beach's Star Island. Shaquille O'Neal paid $18.8 million for the property in August of 2004. He'd been trying to sell the 2.45-acre estate for four years, asking a high of $35 million to a recent low of $22.5 million.

There is still no information on who the buyer is that scored one of the finest Miami luxury homes, unfurnished, at a deep discount. The buyer's agent is listed as PhilipFreedman. He is a broker with Flagstone Realty of Miami.

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