Floyd Mayweather Purchases Knockout Miami Beach Mansion for $18
Chalk up another win for the undefeated Floyd Mayweather. His latest victory is in the arena of real estate.
We’ve tracked the many mansions of the professional boxer, who admitted on Instagram that he’s collected “many homes.” He’s recently added to his holdings again, dropping $18 million on a Miami Beach mansion, the Real Deal reported.
The purchase was executed through a Nevada entity run by Mayweather, the publication noted.
Built in 2011, the contemporary mansion landed on the market earlier this year with a $20.9 million asking price. In April, the price was cut to $19.9 million, which may have enticed Mayweather to step into the ring and make an offer.
With almost 11,000 square feet, the posh place includes nine bedrooms and 10.5 bathrooms on three levels. The gated estate sports an indoor movie theater, gym, game room, a large ground-floor entertainment area, smart house systems, and elevator for easy access to all floors.
Set on a third of an acre, the space is designed for outdoor living, complete with a pool and pool deck, outdoor kitchen, and multiple areas for lounging and entertaining. The roof deck offers unobstructed views of the city skyline.
The waterfront estate on the guard-gated Palm Island features a private dock that can accommodate boats up to 100 feet, the listing notes. It’s perfect for the new homeowner, who appears to enjoy the life aquatic. He posted an Instagram photo from the water, with the simple caption “Yacht life.”
Mayweather, 44, has long been into the Vegas life as well. He famously owned a custom-built mansion in Sin City dubbed Big Boy. He then moved into a 22,000-square-foot estate that he picked up in 2018 for $10 million.
One problem with owning so many homes: more exposure to seedier folks seeking some of Mayweather’s stacks of cash.
Mayweather retired with a perfect record of 50 wins, with 27 knockouts. Known as “Money,” as of 2019 he was one of the top-earning athletes of the last decade, banking $915 million, according to Forbes