Source: Baseball News Source
While Alex Rodriguez waits out his battle against Major League Baseball — he’s suing the MLB for “destroying his reputation, ruining his endorsement deals and making it impossible for him to finish his Yankees contract” — he’s still playing the real estate game. The embattled shortstop and one-time highest paid baseball player has listed a condo he bought just six months ago.
It’s up for debate as to why A-Rod is selling his home. Although he renovated the condo, hiring “world-renowned Briggs Edward Solomon,” he’s listed it for $3.2 million — only $1 million more than what he paid for the place. With broker fees, taxes and the cost of flipping the unit, Rodriguez would not make a huge profit. He did, however, make a much bigger profit on the sale of his $30 million custom home, which he unloaded just a month before buying the condo.
Rodriguez’s luxe condo is in the Mei Building on Millionaire’s Row in Miami Beach. The Asian-inspired building at 5875 Collins Ave includes high-end amenities such as an enormous fitness center, spa, infinity pool, 24-hour concierge and valet parking. His unit in particular has 3 bedrooms and 4 baths on a 1,725-square-foot floor plan. Wraparound balconies have views of the ocean.
The listing is held by Arlene Dunand of Sotheby’s International Realty.
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