The Real Deal Miami

Shaq cuts price of Miami Beach mansion

August 01, 2008 03:34PM

Basketball player Shaquille O’Neal lowered the asking price of his Miami Beach home from $32 million to $29 million. O’Neal, a 36-year-old member of the Phoenix Suns, previously listed his house at $35 million. The home was built in 1992 by Miami Heat player Rony Seikaly, and has eight bedrooms, an indoor basketball court, gym, steam room, pool and tennis court. There is also a two-bedroom guest house on the property. O’Neal bought the property in 2004 for $19 million.