BOXING superstar Floyd Mayweather lived up to his nickname as “The Money” – paying $18million for a Miami Beach waterfront mansion.
Mayweather took ownership of the three-story Palm Island palatial last week.
It boasts amenities like a 5,000-square-foot roof deck, private dock, a game room, an outdoor movie theater and enough garage space to park a fleet of 10 cars.
The retired boxer and promoter who is the highest earner and richest in the world landed the nine-bedroom, 10.5-bathroom estate for well under the asking price of $19.9 million, according to the Real Deal.
‘MANY HOMES’
Mayweather already commands a sizeable real estate portfolio.
A week ago, the man nicknamed “Money” snatched up a $10million Las Vegas spread.
Mayweather showed off the digs while standing on the edge of a backyard waterfall in a robe in an Instagram post.
He wrote: “At one of my many homes living a peaceful life.”
Four years ago, he scooped up a $26million abode tucked behind the famous Beverley Hills Hotel which has a private 20-person cinema, cocktail bar and a separate guest house with it’s own gym.
SELL THEN BUY
But the 44-year-old was apparently in need of a Miami Beach address after he unloaded another house for $6.25 million taking a $1.5 million dive, according to the Post.
The home had most recently been rented by Barstool Sports founder Dave Portnoy.
Mayweather took ownership of the latest Florida spread which lies across the Biscayne Bay through a Nevada-based entity named Fojoso LLC, the Real Deal confirmed.
The purchase comes after Mayweather returned to the ring for an exhibition with YouTuber-turned-boxer Logan Paul.
The 26-year-old heavyweight lasted all eight rounds with the undefeated champ.
Without a defining victory, Mayweather remained undeterred, claiming he hauled in a $100million purse for the “legalized bank robbery.”
Source: Boxing - thesun.co.uk
