Celine Dion's Former Florida Mansion Sold for $12.5 Million
What Happened?
Celine Dion's former mansion in Jupiter, Florida, has sold for $12.5 million in an off-market deal. The property was originally built for her in 1998 and was previously listed for $20 million.
Key points
- The mansion spans 14,750 square feet and features eight bedrooms and extensive amenities.
- Myron Miller purchased the property for approximately $847 per square foot.
- Celine Dion owned the mansion until 2002, when she sold it for $9 million.
- The property was previously acquired in June 2021 for $7.6 million.
- The sale reflects a 64% increase over the 2021 purchase price.
- Admirals Cove is known for its luxury amenities and has attracted high-profile residents.
Key insights
- The significant increase in sale price indicates a strong luxury real estate market.
- The buyer's interest in the community's amenities suggests a trend towards lifestyle-focused purchases.
- The off-market nature of the sale reflects a competitive real estate environment.
Why it matters
The sale highlights the ongoing demand for luxury properties in South Florida.
Tags
Entities
Source
Times of India