Shaq On Star Island, Estate of the Day

by Deidre Woollard (RSS feed)
Aug 4th 2008 at 1:02PM

I've been talking about this estate since way back in 2005. That's when basketball star Shaquille O'Neal first started trying to unload his house on Miami's prestigious Star Island. O'Neal bought the home in 2004 for $19 million soon after joining the Miami Heat. The WSJ's Private Properties column reports that the home was built in 1992 by Heat center Rony Seikaly. The home does have a certain gargantuan scale but that's not unusual in some multimillion dollar South Florida homes. It has eight bedrooms, an indoor basketball court, gym, steam room and sauna. The 2.5 acre grounds include a tennis court, six-car garage, dock, two-bedroom guest house and Shaq's pool complete with Superman logo. The home is lavish but not particularly distinctive, money used to its blandest potential. The price is now $29 million. If I were to take a bet on a final selling price, I'd guess that Shaq's going to have to cut a few more millions off this one. My guess is $23-$25 million.

UPDATE: The home was briefly off the market after a deal in the $19 million range fell through. The home is now listed at $22 million.

SECOND UPDATE: It is now listed at $22.5 million.

Gallery: Shaq on Star Island

Tags: celebrity real estate, CelebrityRealEstate, estate of the day, EstateOfTheDay, florida, miami, shaquille oneal, star island

Filed under: Estates, Celebrity Shopping

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Reader Comments (Page 1 of 5)

designer38305495 Aug 4th 2008 1:15PM

Well, at least it is down a little from the original asking price of $32M.

freddyb48 Sep 1st 2008 4:23PM

Now I see where Labron James got his disign ideas. After going by his home, and now seeing this one, I hope that the true homeless find it easier to sleep on the streets at night knowing that some americans can't sleep even though they have money.

kenny17995 Aug 4th 2008 9:57PM

nice house, but a little boring.

visit my website at: http://www.homesoftherich.net

realtorofdastarz Aug 29th 2008 11:40AM

How does your house look!!!

gayle Aug 29th 2008 1:24PM

I agree. It needs to be freshened up a bit. It's all monochrome. Livin it up with a bit of color or greenery. Maybe he should have it staged by professionals.

Graffitimonkie Aug 5th 2008 2:00AM

I must say that Shaq definitely does live life like a King.

Fancy house definitely, was this the one featured on MTV Cribs too?

http://www.tranharry.com/

nick Aug 6th 2008 5:39AM

Yeah, it's a little bit plain - for the amount of money he's got he could do better! Check out a feature on Miami at http://www.gunpowder-magazine.com

Frenchmaid Sep 10th 2008 1:55PM

Dull, yes!!! Its jus property..But realistically, its a far fetch frm getting $29... more like $22.... he'll need it later for the cleanup woman!!! Sheeesh!!! lol

shylacat Aug 29th 2008 7:39AM

I agree with you Nick. If Shaq were to spruce things up a bit, perhaps he'd get more buyers interested in the property. I also agree with the writer that in today's market, he probably won't get the asking price.

Garry J.L. Aug 31st 2008 3:02AM

That's vanity.

Moe Aug 29th 2008 8:34AM

Who could live in a house that looks like that? It's more of a museum.

Wanda Sep 1st 2008 9:39PM

You could if you had it, I know I could.

Jim Aug 29th 2008 11:08AM

I am white male,65 retired. I live in a $185K 2bdrm house that is paid for and drive a new car. lets give credit where credit is due, the worked hard to get what he has it wasnt a gift. I sorely detect a bit of jealousy from those who dont like his decor, after all it is his house, the counter tops in his kitchen cost more than my whole house.I you want what he has go for it .

jd Sep 1st 2008 6:27PM

dude, wake up. hard work? he is like 10ft tall and he made millions running around putting balls in hoops - oh, and making stupid movies. forgive me if I am not losing sleep over his finances, much less his "decor." go to school for 10 years and work 8 to 12 hour days - that is hard work.

jt Aug 29th 2008 2:42PM

The comments above are from people who do not have clue what a $29 million house should offer. People who live in glass houses should not throw stones.

murchman Aug 29th 2008 11:34AM

Are you saying that you know what a $29 million dollar house but others who wrote do not?
Rather than use a word that comes to mind, I'll just say that you're...UNBELIEVABLE!

jt Aug 29th 2008 2:48PM

Murchman,

You have totally misunderstood my comment. I was replying to comments made by people that obviously did not express any comprehension of his estate. And, based on your ignorant comment, you do not understand the issue either.

Jackie Aug 29th 2008 7:03PM

well it's certainly big enough that he could turn it into a homeless shelter. Think of how any homeless would feel staying there even one night! Like they'd died and gone to heaven. Wow the tax write offs he would have!

Guess even he finds this house too boring to live in.

d Aug 29th 2008 9:44AM

oh the poor shaq can't sell his millionaire house. maybe he should donate it to the homeless people in florida. that would me a nice donation and could claim it on his taxes.