The high-end Miami real estate market has been booming in recent months, and this trend is likely to continue, as more and more real estate investors with an impressive number of international buyers showing interest in Miami's real estate. The luxurious and lively area of tropical paradise Miami Beach has become one of the most desired locations for upscale living. And one such luxury estate owned by the New York Yankees superstar Alexander Rodrguez, have recently been listed for sale. The impressive Miami Beach mega mansion boast uninterrupted, panoramic views of the Miami Skyline and oceanfront living, for a whopping $38 million. Popularly known as ‘A-Rod’, this 37-year old Yankees slugger and one of the best all-round baseball players of all time, purchased this modern mansion in 2010 for $24 million, and is now selling it for substantial profit. Also, we have recently seen the sale of lavish Indian Creek compound for $47 million to become Miami’s most expensive estate, besides the billionaire Edward S. Lampert’s purchase of another Indian Creek Island mansion for $38.4 million, besides Pininfarina luxury residential condos which are expected to heat up the Miami real estate space.
Location: 4358 North Bay Road, Miami Beach, Florida 33140 United States.
Described to be an extraordinary new modern masterpiece, this enormous two-storey estate sitting over an acre of lush green grounds on prestigious N Bay Road in Miami Beach, is one of the best properties one could buy in Miami.
Accommodation: This completely gated and walled in mansion features 275 ft. of water frontage and 2 docks, and, over 20,000 sq. ft of elegant spaces comes completely surrounded by 12” walls of impact glass. It also boasts of 9 lavishly decorated bedrooms, 11 full and 2 partial baths, and guest house and staff quarters. Also, a 2,200 sq. ft of master suite comes complete with atrium, sitting area, his and hers baths and oversized closets.
Features: A-Rod’s impressive mansion also boasts a rooftop deck and a 3,000 sq, ft of sports room with a batting cage, a spectacular home theater, spa and steam room, and a exercise room. Some of the other amenities include commercial sized elevator, full home generator, creston lighting, covered terraces, and an outdoor kitchen area.
Interestingly, A-Rod purchased this single-family home when he was dating with Cameron Diaz, and the celebrity couple was also photographed inspecting the construction of the mansion.
Celebrity Neighborhood: Alex Rodriguez has some famous celebrities for company in his neighborhood, including rappers Shaquille O'Neal , Sean P. Diddy, famous singer Gloria Estefan, and tennis champ Anna Kournikova.
Also, we have earlier seen some of the other celebrity estates that went on for sale in US, including Gianni Versace’s Miami home offered on sale for $125 million, Merv Griffin’s estate in La Quinta at $9.5 million, and Steven Klar’s penthouse which has been listed for $100 million to become one of the most expensive homes sold in US