Carlos Boozer in Miami, Estate of the Day
It isn't a question of if Utah Jazz player Carlos Boozer will lose money on his Miami home, it's a question of how much. Boozer is currently going through a divorce with his wife Cindy "CeCe" Boozer and so, as Celebrity Big Time Listings reports, he's looking to settle up on this home. He and his wife paid $7.3 million for the Mediterranean-style home in 2007 at a time when real estate in Florida was still pretty high. Flash forward to now when the market is packed with homes like Boozer's: big, beige, lavish homes with dark wood, wrought iron and marble. This home has been staged to ultimate blandness with the luxurious anonymity of a luxury hotel suite. The home has five bedrooms, a media room, large living room and a gourmet kitchen. The property also includes a one bedroom guest house, pool, dock and a boat lift as well as a three-car garage. The home is listed at $6.9 million. Even with the waterfront location, I'd be shocked if it sells for anything over $5 million.
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Gallery: Carlos Boozer in Miami