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

Aug. 14th, 2012 | Comments 12 | Make a Comment   
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 NBCNews.com 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'sRealty.com.








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12 Comments on this Article

Suzanne Audette commented on January 8, 2013

It looks quite sterile but fantastic views!

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Nicholas commented on December 18, 2012

Larry you are incorrect. I have a vacation home in Miami Beach for years and in Wikipedia it states" South Beach proper is between Biscayne Bay and the Atlantic Ocean. The area also encompasses all of the barrier islands of Miami Beach south of Indian Creek. The 4300 Block iof North Bay Rd. is part of South Beach. The home is a spectualar home that is why it is rented because it is beautiful.

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Nicholas commented on December 18, 2012

From Wikipedia, the free encyclopediaJump to: navigation, search This article is about the neighborhood of Miami Beach. For other uses, see South Beach (disambiguation). South Beach - Neighborhood of Miami Beach - An aerial view of South Beach Nickname(s): SoBe Country United States State Florida County Miami-Dade County City Miami Beach Subdistricts of South Beach Neighborhoods list[show]Belle IsleCity CenterDi Lido IslandFlamingo/LummusHibiscus IslandPalm IslandRivo Alto IslandSan Marino IslandStar Island Government ? Miami Beach Mayor Matti Herrera Bower ? Miami-Dade County Commissioner Bruno Barreiro ? House of Representatives Luis R. Garcia, Jr. (D) ? State Senate Gwen Margolis (D) ? U.S. House Ileana Ros-Lehtinen (R) Population (2010) ? Total 39,186 Time zone EST (UTC-05) ZIP Code 33139 Area code(s) 305, 786 South Beach, also nicknamed SoBe, is a neighborhood in the city of Miami Beach, Florida, United States, located due east of Miami city Larry you are incorrect. I have a vacation home in Miami Beach for years and in Wikipedia it states" South Beach proper is between Biscayne Bay and the Atlantic Ocean. The area also encompasses all of the barrier islands of Miami Beach south of Indian Creek. The 4300 Block iof North Bay Rd. is part of South Beach. The home is a spectualar home that is why it is rented because it is beautiful.

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Larry Rockind commented on December 16, 2012

The home is NOT in South Beach, it is in North Beach or at best in mid-beach. South Beach ends at 22 street and this house is far north. It is used as a party house, rented out to whomever can afford it to the consternation of the neighborhood and there are lawsuits involved due to the illegality of using a private home as a catering facility.

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NJ Blue commented on December 10, 2012

A-Rod has a better chance at catching up to a fastball than he has at selling this place for 30+ Mil.

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Alfredo Claudio commented on October 20, 2012

hi is asking for a total of 158% of his purchase price,,,but it is accurate that he is asking for 58% more than the purchase price.

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Alfredo Claudio commented on October 20, 2012

@ William,,,if you read the article correctly, it says 58% higher than the purchase price, not "of" the purchase price,,therefore, it is correct that he is asking for 58% "higher", in this case the word "higher" means "more than" the purchase price,,,if you look at your comment you are talking about "of" the purchase price,,,big difference between the meaning of the 2 words in this case.

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Jeff Sprat commented on October 7, 2012

Bill, Don't get upset over it, ok? thank you

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Siegfried commented on October 7, 2012

All the warmth and charm of a suburban shopping mall. Nice views though.

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William Siedler commented on September 8, 2012

58% of his purchase price would be $13.92 mil, so yeah he is asking for more than that. He is asking for much, much more than 58% of his purchase price. He is asking for 158% of his purchase price. He is asking for an increase of 58% over his purchase price.

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Eddie commented on October 5, 2012

Aloha, William, ¿Just wonderin' ova heah: Where did you get your figures about the purchase price and the increase of the current selling price over that purchase price? Thank you. In peace, Eddie G

vision20 commented on August 15, 2012

Beautiful home. Love the large door and the transition to the exterior space.

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