From the fall issue: Recently, celebrities have picked up a pricey batch of homes, from sprawling waterfront mansions to preconstruction condos. Yet some A-listers are struggling to unload their trophy properties. Hip-hop star Lil Wayne, for example, has slashed the asking price for his Miami Beach house by a third, to $12 million. Meanwhile, Internet pioneer Jim Clark put his estate on the market for $137 million, making it one of the 10 most expensive home listings in the country.
The seller of one Coral Gables estate has a last name that’s certainly a household word: Bacardi. After spending eight years building the luxurious Cocoplum estate, Hilda Maria Bacardi, an heiress to the booze fortune, has listed her mansion for $27.3 million.
Social media buzz has hit celebrity deals big time. Singer-songwriter Trey Songz and boxing champ Floyd Mayweather Jr. were both happy to have their South Florida home purchases promoted on Instagram. Here’s a peak inside some swank celeb deals. [more]