Ricky Martin Is Flipping Out in Florida

SELLER: Ricky Martin
LOCATION: Ocean Boulevard, Golden Beach, FL
PRICE: $22,500,000
SIZE: 9,882 square feet, 5 bedrooms, 7 bathrooms
DESCRIPTION: 2 Story Mediterranean estate in one of Florida’s most exclusive private oceanfront communities, 24 hour security patrol in community and beach!!! Making it a desirable location for celebrities and int’l homeowners. Your own private 108 FT beach modern comfort throughout. New gourmet kitchen with morning room, Top of the line finishes. Formal dining plus open living area. Master suite with his and her bath, walk-in closets, terrace and stunning open views.

YOUR MAMAS NOTES: Hot-chacha singer Ricky Martin has really been on a real estate roll the last couple of years. In the Spring of 2006 Mister Hard and Smooth Body unloaded a fully renovated 9,202 square foot casa high in the Hills of Beverly that sits right next door to one of media magnate Rupert Murdoch’s many mansions. That $15,000,000 sale was quickly followed by the shedding of his 65th floor unit at the Time Warner Center in New York City for $9,750,000.

Then the Puerto Rican pop star with the perky nipples listed his Miami mansion on N. Bay Road for $16,900,000 which he had bought only two years earlier for $10,000,000. Property records still show the house in Mister Martin’s name so it seems the house never sold and try as we might, we were not able to find an active listing for the property.

Next, in the Spring of 2007, the swivel hipped singer with a thing for bikini bathing suits dropped around $7,000,000 for a swanky and sexy 2,637 square foot loft in the Herzog de Meuron designed 40 Bond building in New York City and in April of 2007 he plunked down another $16,250,000 for an orante ocean front mansion in pricey, but sedate Golden Beach, FL.

There was much speculation about whether the glizty entertainer would actually move to the new house in Golden Beach or if it was simply another high end real estate investment. Now, thanks to the ever faithful and delicious Mugsy Fairweather, we know. The bon bon shaking performer is indeed attempting to flip the 9,288 square foot Ocean Boulevard mansion, and in true celebrity house flipper style, Mister Big and Beautiful Booty has listed the place for $22,500,000. Yes children, Señor Ricky Martin is hoping to pocket more than six million clams on the sale of the residence he purchased just 8 months ago. It takes some nerve to attempt this kind of high priced flip amid all the hoopla about a declining market and all that crap.

Due to the flailing Florida real estate market, we didn’t think the soon to be dee-vorced Mister Hulk Hogan and his krazy handlebar mustache could flip his N. Bay Road property for a massive profit earlier this year, but lo and behold he did to the sweet tune of a nearly $7,000,000 profit. So we make no predictions on whether Mister Martin will bank boo-coo bucks or if he’ll be eating his itty bitty tight fitting shorts on this deal. Only time will tell.

Listing information for the two-third acre property indicates that in addition to all the standard rooms, the Mediterranean-ish manse features 5 bedrooms, 7 bathrooms, an ocean front swimming pool, garage parking for at least 4 cars, and a 1 bedroom and 1 bathroom guest house perfect for a well built live in pool boy.

With all this buying and selling it’s tough to know where RRRicky Marrr-tan, who reportedly also owns a place down in Puerto Rico, parties with his posse of tan, tattooed and well built friends or where he beds down at night in the arms of, uhm, who? Who does he bed down with? It ain’t none of Your Mama’s bizness and this blog is NOT about Ricky Martin’s love life, but how come we never read about Mister Martin squiring big chested gurls around to all the international hot spots?

Okay then. Back to earth. Winter’s here. Stay warm puppies.

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