Phil Collins acquired Jennifer Lopez’s former home for $33 million. The buyer agent, Mathieu Rochette made an interesting distinction that we telling in our luxury home buyers as well, "The recent sales of celebrity homes and the perceived Celebrity exodus, is really misleading. IN fact, my representation of Phil Collins in acquiring Jennifer Lopez's former home and sales of football stars Didier Drogba and Florent Malouda, show that a different more discreet form of celebrity is moving to Miami” I find that the new type of resident is often a financial executive or entrepreneur. Celebrities may be leaving, however it is only since their homes are being priced favorably for more wealth.

The home is a twelve thousand plus square foot home sitting on two hundred feet of waterfront on the Biscayne Bay. It is a Mediterranean style home that was purchased from Jennifer Lopez in 2005 for $13.9 million and the recent seller spent three years renovating the home before selling. The interiors and European contemporary in style and has a number of upgrades affording privacy and with more than an acre lot, it is massive for Miami. If you are looking to buy or sell Miami estates, please contact a membef of Beachfront Realty today. We have a number of listings in premier areas such as Pinetree Drive and Bal Harbour. Contact a member of Beachfront Realty today!