Alex Rodriquez scores off field with $15 million mansion sale

Published On May 23, 2013 | By Francesca Pelletier

Although Alex Rodriguez may not be playing on the field this season, he is certainly keeping busy off of it. The baseball star recently made a $15 million profit on his 19,861-square-foot Miami Beach home, according to TMZ.

After A-Rod purchased the estate in 2013 for $7.4 million, he transformed the already decadent home into a fantasy palace. With an additional $7.6 million of renovations put into the home, the Yankee third-baseman, who has been sidelined from play due to a reoccurring hip injury, quietly put his dream home on the market in August 2012, asking for $38 million dollars. The oceanfront home, which happens to be just a few doors down from Red Sox fan Matt Damon, includes nine bedrooms, 11 bathrooms (two half bathrooms), a four-car garage, a Zen garden, and a heavily equipped, state of the art security system, which includes 16 cameras.

Unfortunately, A-Rod did not receive his asking price after a lengthy five-year listing. He lowered the price, and an unknown Palm Beach celebrity purchased the extravagant home for $30 million, which leaves Rodriquez with a whopping $15 million.

Alex Rodriquez is not the only athlete to have earned some serious dough in the real estate world.  In 2009, PGA pro Tiger Woods put his Windermere, Fla. mansion on the market. It was purchased by fellow golf champ Bubba Watson for an undisclosed amount. The nine-bedroom home was the scene of that car crash in 2009 which preempted details of Woods’ sex scandal.  NBA superstar Michael Jordan put his Highland Park home up for sale in February 2012 for the listing price of $29 million. The 56,000 square-foot three-floor home is located in the suburbs of Chicago and includes over seven acres of land and nine bedrooms.

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