Floyd Mayweather pays $7.7M for glitzy Miami Beach home

Champ reportedly has a net worth between $400 million and $650 million

5501 Pine Tree Drive (Inset: Floyd Mayweather, via creativecommons)
5501 Pine Tree Drive (Inset: Floyd Mayweather, via creativecommons)

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From the South Florida website: Boxing champ Floyd Mayweather Jr. just dropped $7.7 million cash on a newly built waterfront house on Miami Beach’s exclusive Pine Tree Drive. [more]