Retired boxing champion Floyd Mayweather Jr. has just dropped $25.3 million (US$18m) on a knockout new waterfront estate in Miami Beach
The contemporary three-storey property is set on the city’s upscale and guard-gated Palm Island, an enclave where the typical asking price for a home was reported to be around US$21 million in July, a whopping 200% increase from the same time in 2020, according to data from Realtor.
Mr. Mayweather was crowned the highest-paid athlete of the decade by Forbes in 2019 after he brought in $915 million over a 10-year period.
He made the purchase of this home through a Nevada-based limited liability company of which he’s manager, according to Mansion Global.
Spanning more than 1,000 sq m, his lavish new home boasts unobstructed views of the city skyline, passing cruise ships and the coveted city sunset, according to the listing.
The nine-bedroom mansion was built for both indoor and outdoor entertainment,
Fitted with neutral, sleek interiors, it has amenities including an indoor movie theatre, a gym, a game room, a large entertainment area, smart-home systems and even its own lift.
There’s also a roof deck, a pool, a four-car garage and a private dock which can accommodate boats up to 33m long.
The professional boxer, who admitted on Instagram that he’s collected “many homes”, and is an avid fan of living the aquatic life, posting numerous shots living the ‘yacht life’ to his personal account.
The 44-year old, has long been into the Vegas life as well. He famously owned a custom-built mansion in Sin City dubbed Big Boy.
He then moved into a 2,045 sq m estate that he picked up in 2018 for $10 million.
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