Jennifer Lopez, singer and actor, sold her Miami Beach estate for $13.9 million back in 2005. The oceanfront property was purchased by Mark Gainor, a health care entrepreneur.

After purchasing the lavish mansion, they put a further $11 million into the home. It consists of 12,000 square feet of living space, seven bedrooms, nine and half baths and 1.21 acres of land. The exquisite Miami Beach estate also features koi ponds, beautiful gardens and a large pool.

In 2010, they put the house back on the market unsuccessfully for $28 million.

Gainor has now put the luxury oceanfront estate on the market for $40 million, hoping to ride the new real estate buying wave.

Source: Miami New Times

Jennifer Lopez’s Former Miami Beach Estate