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Latino Daily News

Tuesday August 28, 2012

Jennifer Lopez’s Former Miami Beach Mansion Once Again for Sale at $40 Million

Jennifer Lopez’s Former Miami Beach Mansion Once Again for Sale at $40 Million

Photo: Jennifer Lopez's Former Miami Beach Mansion Once Again for Sale at $40 Million

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Jennifer Lopez’s former Miami Beach mansion is once again on the market

In 2005, Jenny from the block moved off that block when she sold the mansion for $13.9 million to healthcare entrepreneur Mark Gainor and his wife, Elyse.

After putting more than $11 million of work into the home, the Gainors put the home up for sale in 2010. They were asking for $29 million, however, the home did not sell.

Now the 12,152-square-foot home, with 8 baths, and 3 half baths, has been relisted with a price tag increase of 28 percent at $40 million. The price increase is reportedly a result of rising property values for the area.

The mansion has been listed by Nelson Gonzalez with Esslinger-Wooten-Maxwell Realtors in Miami Beach.

The home has a 6,000-gallon koi pond, palm tree gardens, a swimming pool mere steps from the waterfront. The dining room allows visitors a look into into the courtyard through picture windows. The master suite has a gym, terrace, office, and a closet fit for a queen, which was created by reclaiming three other rooms. The home comes with the furniture currently inside

Taxes are said to be $191,367 per year.


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