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.
Reader Comments (Page 1 of 4)
8-04-2008 @ 1:15PM
designer38305495 said...
Well, at least it is down a little from the original asking price of $32M.
Reply
9-01-2008 @ 4:23PM
freddyb48 said...
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.
8-04-2008 @ 9:57PM
kenny17995 said...
nice house, but a little boring.
visit my website at: http://www.homesoftherich.net
Reply
8-29-2008 @ 11:40AM
realtorofdastarz said...
How does your house look!!!
8-29-2008 @ 1:24PM
gayle said...
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.
8-05-2008 @ 2:00AM
Graffitimonkie said...
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/
Reply
8-06-2008 @ 5:39AM
nick said...
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
Reply
8-29-2008 @ 7:39AM
shylacat said...
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.
Reply
8-29-2008 @ 8:34AM
Moe said...
Who could live in a house that looks like that? It's more of a museum.
Reply
9-01-2008 @ 9:39PM
Wanda said...
You could if you had it, I know I could.
8-29-2008 @ 9:44AM
d said...
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.
Reply
9-02-2008 @ 2:14AM
getajobbitc said...
how about this..shaq can donate his house to the homeless after you donate yours..see how stupid that sounds.
9-02-2008 @ 5:52PM
ashley said...
Ha yeah Im sure the other famous, wealthy people on Star Island would love the homeless invading their gated community! HA!
8-29-2008 @ 9:54AM
JAN said...
IT'S BEAUTIFUL BUT IT DOESN'T LOOK LIKE ANY ONE LIVES THERE. IS IT REALLY A HOME????
Reply
8-29-2008 @ 10:24AM
Linda said...
A perfect buy for Donald Trump
Reply
8-29-2008 @ 10:47AM
Xanthia said...
Perhaps he needs to turn the place into a rehab center for the homeless vets where they are pampered while they are given the help they need live off the street in homes with better lives and much better physical and emotional health. He could do something of good value and help Americans who helped America. Perhaps make the house really a home.
Reply
8-29-2008 @ 10:49AM
Marie said...
It is a stunning house, with a beautiful pool, but it is a little museum like, when i looked at the pics it looked like i was checking into the Ritz!
Reply
8-29-2008 @ 10:54AM
Ann said...
Xanthia You have a good thoughts about the house. He could have Teen challenge take over the property and use it as a rehab center for women. They do not have enough centers to help women in need.
Reply
8-29-2008 @ 10:58AM
Elizabeth said...
The land and location makes this property valuable, however it is very dated for what the asking price is. For that much money a buyer can design and build the home of their dreams, instead of buying someone elses dream. In stead of dropping the price down a million, why not take some of that money and update the house. Reinvest money back into your investment to make money is the smarter way to go. Get a great decorator and go for as the land and location will support your reinvestment. Good Luck Shaq!
Reply
8-29-2008 @ 11:01AM
sharon said...
Shaq could rent this house out for weddings. It is beautiful
Reply