Shaq Trims Miami Pad to $29 Million
By: Diane Tuman, Zillow Content Manager | August 11, 2008
When sellers trim a few thousand off their homes in hopes of attracting a whole new set of buyers, does it work that way with multi-million dollar homes of the rich and famous? NBA star Shaquille O’Neal did just that when he reduced his Star Island property in Miami from $35 million to $29 million recently, according to the Hartford Courant. Who knows if $6 million makes it more affordable for some.
In looking at photos of Shaq’s home, everything appears to be big and roomy — the kitchen, the swervey staircase to the second floor, the tennis court, and the lush grounds. When it’s a home for a guy who stands 7-feet-1 and weighs 340 lbs., it better be built on the scale of a giant.
Also, no word whether Shaq is still interested in helping foreclosure victims in Orlando, as previously reported, but Shaq’s development group (Boraie O’Neal Urban Development) is going to build a 25-story condo tower in his hometown of Newark, NJ.
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- Categories: Celebrity Real Estate, Sports Star Homes
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rorysiems on August 14, 2008 10:36 am
“When sellers trim a few thousand off their homes in hopes of attracting a whole new set of buyers, does it work that way with multi-million dollar homes of the rich and famous?” Yes, this is a big question!