A-Rod Drops Price a Third Time

By: Diane Tuman, Zillow Content Manager | July 15, 2009

Maybe if a buyer waits long enough, A-Rod’s Coral Gables home will just be given away — just pay the $161,000/year in taxes.

For a third time since listing it for sale in October of 2008, Yankee superstar Alex Rodriguez has dropped the price on his Coral Gables home, according to the South Florida Business Journal. A-Rod’s house is located at 181 E Sunrise, Ave, Coral Gables, FL.

This latest drop went from $11 million to $9,999,999.

Here’s the timeline:

  • Purchased home in December 2004 for $12 million
  • Listed it for sale in October 2008 for $14,876,000
  • Dropped price in February 2009 to $12.3 million
  • Dropped price in June 2009 to $11,000,000
  • Dropped price in July 2009 to $9,999,999

Since A-Rod’s divorce was finalized in February, he has been romantically linked to Madonna and now, Kate Hudson.

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Comments

3 Comments so far

  1. Darius Cochran on July 15, 2009 1:47 pm

    HE SHOULD INVEST IN SOUTHWEST FLORIDA-FORT MYERS AREA. THE DEALS ARE UNBELIEVABLE & NOT GETTING ANY CHEAPER ON MOST HOMES. THE BOTTOM HAS COME AND GONE IN FORT MYERS - CAPE CORAL AREA.
    http://www.FortMyersLand.com will give you alot of Buying and Selling tips. Good Luck selling the Home.
    Darius Cochran

  2. currency on July 16, 2009 5:48 am

    Hot Rod a.k.a Rod Burgundy…

  3. Real Estate News - Yankee Derek Jeter Building Huge Mansion in Tampa on July 16, 2009 4:54 pm

    [...] week, with back-to-back blog posts on Yankee stars. Yesterday, we wrote about star third baseman Alex Rodriguez dropping the price of his Coral Gables mansion and now this from the Tampa Tribune: Yankee star shortstop Derek Jeter is building a monster-sized [...]

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