Alex Rodriguez's South Beach Waterfront Estate for Sale at $38 Million

Photo Courtesy of Sotheby’s International Realty
The New York Yankees’ star third baseman, Alex Rodriguez, has listed his residence in Miami’s South Beach, at $38 million. Rodriguez bought the palatial property in 2010 for $24 million and is attempting to sell it at 58 percent higher than his purchase price.

Jorge Alonso, an associate broker at Douglas Elliman Florida, told Yahoo! Sports that the high end of the Miami market is out of control with buyers from Russia and Brazil who are “buying like crazy.” The Bottom Line on recently reported that another residence in the upscale neighborhood sold at $47 million.

The spectacular single-family residence owned by the Yankees’ slugger has nine bedrooms and 11 full bathrooms in its nearly 20,000 square feet of living space. The waterfront property also has an outdoor kitchen, two docks, and 275 feet of private water frontage. 

The master suite alone is more than 2,200 square feet. The South Beach abode also contains a guesthouse, a standalone gym with a batting cage and a steam room, and a four-car garage. There is also a home-theater room and a commercial-size elevator. Security is tight as there are 16 surveillance cameras and 12-foot walls of tempered glass that surround the property.
Ms. Mayi de la Vega, a real estate professional in Coral Gables, Florida, is handling the listing on behalf of ONE Sotheby’s International Realty in Coral Gables.

For more information, visit the company’s website at Sotheby'

James Rothaar

As an independent contractor, James has written content for and other leading online luxury lifestyle magazines. Rothaar previously served as the senior-tenured staff writer for JustLuxe, having worked with the digital magazine since 2005. He resides in Jacksonville, Florida, and works as an independent marketing consultant and a freelance writer. James Rothaar has an MBA degree...(Read More)

Around the web