Sunday, April 22, 2012

Ricky Martin Sells Miami Beach Home For $10,600,000

Ricky Martin North Bay Road Home Miami Beach Florida
Singer Ricky Martin just sold his Miami Beach home for $10,600,000. The property was advertized as a "Mediterranean masterpiece with breathtaking open bay views from every room. Featuring 7 bedrooms, adjoining courtyard-view guest quarters, 8 full baths, 2 half baths including cabana, fully wired media room and elevator. This private estate is the epitome of luxury living featuring the finest in detailed finishes including solid mahogany doors, ceiling treatments, fireplaces, travertine marble throughout, and crown moldings. Spacious gourmet kitchen, formal dining room, full bar. Jacuzzi and pool."

Ricky Martin's 9,491 square feet mansion is situated on a 19,320 square feet lot with 105 linear feet of water frontage. He purchased the property in 2005 for $10,000,000. The sale is one of several luxury home sales to take place recently. Just last week shoe designer Donald Pliner of 29 Star Island sold his home for $14,325,000, accepting quite a bit less than his asking price of $20,000,000.

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