Ricky Martin Sells His Miami Beach House

ricky martin sells miami beach house

Ricky Martin’s house-with-a-view: Sold, for $10.6 million (Click on the photo for the tour)

Livin’ La Vida Loca singer Ricky Martin has finally sold his breathtaking Miami Beach mansion, Gossip Extra has learned.

According to MLS real estate records, the sale — for $10.6 million – closed yesterday.

ricky martin sells house miami beach

Ricky Martin, who now performs in Evita on Broadway (Click on the photo for a tour of his house)

The name of the buyer has yet to be published in Miami-Dade County records. However, news reports in December claimed that musical power couple Jay-Z and R&B star Beyonce were house-shopping in Miami Beach and took a long look at Martin’s mansion.

Click here for the grand tour

The 10,000-square-foot seven-bedroomer faces the bay from North Bay Road, just a long three-pointer from the homes of Miami Heat stars Dwyane Wade and Chris Bosh and up the road from Bee Gees frontman Barry Gibb.

Martin, who now stars in Evita on Broadway, wanted $12.5 million. But the house, built in 2004, was sitting on the market on and off for nearly five years!

The Puerto Rican singer bought it in May 2005 for $10 million, according to records. He paid $106,000 in property taxes last year.

The property was listed for $19.5 million in 2008, but Martin steadily decreased his price as the economy went south.

Click here to tour the South Florida homes of celebrities

Martin, 40, has been a visible, well-liked presence in South Florida for almost 20 years. But the North Bay Road house is his second was not Martin’s only property on the market. His beachfront mansion in Golden Beach is up for sale for $17.9 million.

Check below for more South Florida homes of celebrities, including Rush Limbaugh, Dwayne The Rock Johnson and Kid Rock:

Hulk Hogan finally sells his house — but doesn’t get any of the dough!

Check out the house that costs Rush Limbaugh half a million dollars a year — in taxes

TV Talker Rosie O’Donnell bails on Miami Beach

The Rock buys new rock pile near Fort Lauderdale

Kid Rock buys Jupiter Inlet Colony tear down

Could Lady Gaga really be moving to Wellington?

New York’s first daughter sells her Wellington pad

American Idol judge Jennifer Lopez loses love nest to foreclosure

We’re not worthy: Bill Gates nixes home purchase in Wellingon

Bill Gates new neighbors: He’s good for property values

Internet big Matt Drudge pays $1.4 million cash for new Miami digs

Desperate Times: Burt Reynolds unloading his Jupiter house at $10 million discount!

It’s five o’clock somewhere else: Alan Jackson has Florida mansion up for sale

Ailing Bee Gees’ Robin Gibb puts Miami house up for sale

Celine Dion’s first Florida house back on the market

Miami Beach, home to the $35 million-home improvement project

Country star Alan Jackson decides he’d take less for his small cottage

Tennis hottie Anna Kournikova unloads her Miami Beach digs

Bill Gates signs off on $600,000-seasonal rental in Wellington

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