Monday, 5 November 2012

$250m sports star Shaquille O'Neal purchases a very modest Florida home for $235,000

Is it a gift? Shaquille O'Neal purchased a small modest five-bedroom home in Mount Dora, Florida for $235,000
Is it a gift? Shaquille O'Neal purchased a small modest five-bedroom home in Mount Dora, Florida for $235,000
At seven-foot-one, he gave new meaning to the phrase 'living large.'

Yet retired basketball star Shaquille O'Neal, whose estimated worth is $250 million, has done the unthinkable and purchased a small modest five-bedroom home in Mount Dora, Florida for $235,000.

According to TMZ, O'Neal's new small home has five bedrooms, four baths, granite counter tops, wet bar, entertainment room, and cherry cabinets.

It's unclear whether his purchase was a gift for someone near and dear to the athlete or just a real estate investment.

The 40-year-old NBA legend already owns a lakeside $250 million resort - 30 miles away - in Isleworth just outside Orlando.

The 70,000-square-foot mansion is the same property featured on a 2006 episode of MTV's Cribs, and it's home to Shaquille and his girlfriend reality TV star Nikki 'Hoopz' Alexander.

It boasts 11 bedrooms, 13 bathrooms, a screening room, and an indoor 20,000-square-foot basketball court.
Is it an investment? O'Neal's new five-bedroom home is 30 miles from his Orlando mansion and features granite counter tops, wet bar, entertainment room, and cherry cabinets
Is it an investment? O'Neal's new five-bedroom home is 30 miles from his Orlando mansion and features granite counter tops, wet bar, entertainment room, and cherry cabinets
According to Vanity Fair, O'Neal's property also has a sunny rock pool on the grounds that he’s affectionately nicknamed 'Shaqapulco.'

The former LA Laker also owns a 13-room home in Sudbury, Massachusetts.

Shaquille previously owned an eight-bedroom Moroccan fantasy estate, Villa Stella on Star Island in Miami, which he sold at a loss for $16 million in 2009.
His current digs: The 40-year-old NBA legend already owns a lakeside $250 million resort, which boasts 11 bedrooms, 13 bathrooms, a screening room, an indoor 20,000-square-foot basketball court
His current digs: The 40-year-old NBA legend already owns a lakeside $250 million resort, which boasts 11 bedrooms, 13 bathrooms, a screening room, an indoor 20,000-square-foot basketball court

His old digs: Shaquille previously owned an eight-bedroom Moroccan fantasy estate, Villa Stella on Star Island in Miami, which he sold at a loss for $16 million in 2009
His old digs: Shaquille previously owned an eight-bedroom Moroccan fantasy estate, Villa Stella on Star Island in Miami, which he sold at a loss for $16 million in 2009

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