A-Rod, New York Yankees star, and the most famous player in baseball today, just sold his home in Coral Gables for $8.5 million, a whopping $3.5 million less than the $12 million he paid for it in 2004. Located at 181 E Sunrise Ave., the 6 bedrooms, 6 bathrooms, 8,300 square feet house, is situated on one of the finest lots, measuring well over an acre, in a guard-gated Coral Gables community.
The private bayfront sanctuary features breath taking oceanfront views, and the property offers the finest in waterfront yachting, entertaining and living. When the New York Yankees star separated from his wife some time ago, A-Rod, whose real name is Alex Rodriquez, moved out of the house, and rented a home on Star Island for several months, as his Coral Gables home remained on the market without a buyer. This week he finally sold the home, 14 months after the property was first listed for sale. Few people could afford to take such a huge loss on a home sale, but when you are one of the highest paid atheletes in the world, perhaps the loss doesn't seem quite as dramatic.
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