Alex Rodriguez is one of the wealthiest baseball players of all time. Since he started his business, he has reached a new height of fame as an entrepreneur. His business mind is commendable. In the same way, he established his name in the MLB world, he is making his strong grounds in the business world. A-Rod has several real estate properties, and the recent news reveals a whooping price of one of those properties that the MLB star is selling. 

When A-Rod and Jennifer Lopes were in a relationship, the couple invested in multiple properties together. From business ventures to real estate, they have invested in everything to grow their business. Not everyone knew that this couple had a waterfront mansion in Miami. However, two years after their breakup, the baseball star is reportedly selling that property back to its former owner.

Alex Rodriguez selling his joint property with Jennifer Lopez

The power couple used to spend money on several business ideas and assets. One year after their 2019 iconic proposal moment, the duo invested in a Waterfront mansion on Miami Beach Star Island. It was one of the most lavish investments that cost them $32 million. While their planning to decorate it only began, within one year, the couple broke up. Two years have passed since that and suddenly selling news of the mansion comes to the surface.

The lavish house had 10 bedrooms and 12 bathrooms with a beautiful scenic beauty. The baseball legend planned to call the best architect to design its interior, but the mishap happened before he progressed. Initially, the duo planned to make it their holiday destination to spend some quality time, but they parted ways even before things got settled. So, after two years, finally, the MLB legend has decided to make some profit by selling it to its former owner.

Ken Griffin was the former owner of the property, and in 2020, the couple purchased the nearly 1-acre property from him. The sources say the former Yankees’ baseman is going to sell it to Griffin for $45.5 million. Griffin, the Founder of Citadel LLC and Citadel Securities, has been collecting properties on the Star Island for the last 3 years. Currently, he owns multiple lands on the west side of Star Island- 8, 9, 10, 11, 12, and 13. With A-Rod’s, the 14 Star Land will again become his.

Star Island is a famous island where multiple celebrities have their house.

The Miami Star Island is a home to celebrities

Not only do A-Rod and JLo have their dream house on Star Island, but there are numerous celebrities who possess properties there. Rapper Rick Ross, Gloria and Emilio Estefan, Lennar Corporation Executive Chairman Stuart Miller, LoanDepot founder and CEO Anthony Hsieh, Sean “Diddy” Combs, etc., many renowned people own properties on this man-made island. Even the renowned surgeon Leonard Hochstein also has his house in the Miami Star Island.

Read More: Despite Spending Over $500 Million, Alex Rodriguez’s Timberwolves Ownership In Jeopardy as $4-Billion-Worth Partner Goes Off The Radar

Do you think selling this Miami house is a business strategy of Alex Rodriguez? Share your thoughts with us.

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