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Shaquille O’Neal |
ISLEWORTH at
ORLANDO, FL -- Shaquille O’Neal could easily afford to wait out the sale
of his Isleworth, Lake Butler estate near Orlando, Florida, which he purchased
in 1993 for $3.95 million, and which became one in his later collection of
homes around the country.
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Shaquille O’Neal's 28-year-old, 31,000-SF, 12 bedroom, 15-bath mansion on Lake Butler in the affluent Isleworth community near Orlando, FL |
No, it didn’t sell
for its original asking price of $28 million, nor did it sell for its later
price reduction to $16.5 million.
It sold for $11 million and the retired
NBA star and astute businessman went to the bank clutching his $7.05 million
profit. But it must have been fun to try.
Shaq continues to
get richer from his myriad of business investments that bring in beaucoup
amounts of passive income, while he enjoys doing what he likes to do - talk
sports as an analyst for “Inside the NBA” on TNT in Atlanta.
Savvy from the start, when offered
sponsorships, he didn’t want just the money, he wanted equity in the
business.
In a recent interview, according to TopTenRealEstateDeals.com, when his children said
“We’re rich,” Shaq said, “No, I’m rich. But when you create
something good enough, I may invest in it.”
Highly customized,
Shag’s mansion, located in a gated golf community near Disney World and ESPN,
measures in at 31,000 square feet and spreads across its entire three acres.
It includes 12
bedrooms, 15 baths, chef’s kitchen with Viking, Wolf and Sub-Zero
appliances, a massive living room, formal dining, media room with bar and a
"gentleman’s room" with game tables, and wet bar.
The master wing has
a four-room closet, his-and-her baths and, in the bedroom, a custom 15-foot
round bed.
The guest wing has
its own great room with bar and five ensuite bedrooms. Some unusual rooms
include a temperature-controlled, cedar-planked humidor and wine storage, and
an aquarium-style room with a saltwater triangular fish tank.
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Benjamin Hillman |
Most impressive is the wall mural of a
true-to-size, red tractor-trailer barreling toward the interior of the room on
an expressway. With the front cab bumped out of the wall and his nickname
Superman logo on the grill, the realism is electrifying.
Benjamin Hillman
with Premier Sotheby’s International Realty represented O’Neal. Rob
Rahter, a broker associate and luxury home specialist with Stockworth
Realty Group, represented the buyer.
Photo credit: Uneek
Luxury Tours
Source: toptenrealestatedeals.com
CONTACT:
Genelle C. Brown
Content Manager, Media Division
TopTenRealEstateDeals.com
Phone: 336-459-3725
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