Shaquille O’Neal sold his Orlando, Florida mansion for just $ 16.5 million – a Shaquille O’Steal – for nearly $ 12 million below its original 2018 asking price.
The 31,000-square-foot complex on nearly four acres has 12 bedrooms, 11.5 bathrooms and a 6,000-square-foot indoor basketball court, perfect for a pro baller.
The ostentatious property outside of Orlando has a 17-car showroom, cigar bar and walk-in humidor, and soundproof home theater. The anonymous buyer will also enjoy the house’s wine storage, three fireplaces, a chef’s kitchen, Crestron smart-home technology and a lakeside office, the listing said.
The property is surrounded by water and is located between Lake Louise and Lake Butler. Plus, it has a huge pool that puts Olympic-size pools to shame. Near the pool’s rock waterfall, the property has an outdoor kitchen, a tiki-style cabana and a private dock with two covered boat slips, according to the listing. Next door is an 18-hole golf course.
The 7-foot-1 basketball player bought the property for $ 3.95 million (or about $ 7.2 million today with inflation) in 1993, just three years after it was built, according to local property records.
O’Neal, which was itself worth about $ 400 million, first listed the property for $ 28 million in 2018 and relisted it four times before being sold. He reportedly sold the property because he spends more time in Atlanta as a sports analyst for TNT’s “Inside the NBA,” Mansion Global said.
It has been a year since the 48-year-old’s former teammate, Kobe Bryant, was killed in a helicopter crash, an event that led O’Neal to promise to change his own life. O’Neal has six children and is currently dating actress Annie Ilonzeh, according to the most recent reports.
Listing agent Tiffany Pantozzi of the San Francisco-based brokerage declined to comment.