Thursday, May 23, 2013

A-Rod rakes in $15 million profit on Miami Beach mansion sale

It pays to be Alex Rodriguez — even if he's not on the playing field — in more ways than one. The hobbled $25 million New York Yankees slugger just sold his Miami Beach mansion for a cool $30 million — which comes with a staggering profit of $15 million.

A-Rod accepted the $30 mil offer for the luxurious 19,861-square-foot beachfront estate — the same property he purchased in 2010 for $7.4 million. He sunk another $7.6 million into the mansion for a total investment of about $15 million.

The rehabbing third baseman may be on the disabled list but this sounds like he hit a home run no matter how you slice it.



The nine bedroom, oceanfront home has two docks, a state-of-the art security system,  a vanishing edge pool and a Zen garden.  No word on if any his centaur portraits come with the joint.



A-Rod quietly put the breath-taking estate on the market for $38 million last August — but had to settle for the bargain basement discount.

Sources say the buyer is a celebrity who lives in Palm Springs.

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