Marco Rubio’s Miami Home Listed for Sale
As the Republican’s chosen rebutter to President Barack Obama’s State of the Union address Tuesday night, U.S. Sen. Marco Rubio of Florida referenced how he grew up the son of immigrants in Miami, a neighborhood where Rubio still lives:
“Mr. President, I still live in the same working class neighborhood I grew up in. My neighbors aren’t millionaires. They’re retirees who depend on Social Security and Medicare. They’re workers who have to get up early tomorrow morning and go to work to pay the bills. They’re immigrants, who came here because they were stuck in poverty in countries where the government dominated the economy.”
What Rubio did not mention is that the West Miami house where he and his family reside is currently listed for sale for $675,000.
Or maybe Rubio was going to mention that real estate news flash just before he leaned left for an unplanned water break that made for an awkward moment and a slew of Internet buzz, including Rubio’s own Twitter pic of the infamous water bottle.
In a report about Rubio’s financial history and his use of campaign funds and political action committees that borrowed from a Tampa Bay Times article from 2010, the Huffington Post confirmed that Rubio’s spokesman said the Senator will use the money from the sale of the house to buy another home near Washington D.C. That means the Miami native is looking to depart the West Miami neighborhood that has long served as a rich reminder of his Cuban-American heritage.
According to the Miami Herald, Rubio and his wife, Janette, bought the 4-bedroom, 3.5-bathroom house in 2005 for $550,000. The home was placed on the market in November 2012 and has seen a $20,000 increase in value. Overall, Miami home values are up 2 percent month over month, and up 16 percent from a year ago.