After Sammy Sosa purchased the oceanfront home in 2014 for $7.6 million, he only used a handful of times. Sosa sought to make a quick sale. And he did. The deal closed in less than 45 days of going under contract for $9.15 million. Over the three year stay, Sosa made only $1’415 per day compared to the average of $18’884 he made in his professional baseball career. The dollars were drops in the ocean, but brought a modest short term investment.
The residence’s main draw is the 75 feet of direct ocean frontage, which the demand for oceanfront homes is strong, but there are nonexistent on the market. The property occupies 24’900 square feet of beachfront land. There is also a central courtyard and a koi pond. The interior boasts a grand master suite with its own terrace that overlooks the ocean and a modern kitchen stocked with industrial appliances.
Location: Golden Beach, Florida
Size: 7272 Square Feet