Phil Collins has bought Jennifer Lopez’s former beach mansion in Miami for $33million.
The 64-year-old singer grabbed the opportunity to buy the mansion – which looks out over Biscayne Bay – from private equity firm owner Mark Gainor who paid only $13.9million for the property in 2005.
According to the New York Post newspaper, the property boasts an incredible view of the Miami skyline, seven bedrooms, eight bathrooms, a koi fish pond, an outdoor kitchen, boat dock, and swimming pool.
It measures over 12,000 square feet, is situated on a 1.21-acre lot and also features a wine cellar.
Phil also has a property in New York and a main home in Begnins, Switzerland.
He was drawn to the Miami house because ‘he was really looking for a big piece of land’, according to The Wall Street Journal.
Gainor believes celebrities like the Mediterranean-inspired property – which was built in the 1920s and comes complete with over an acre of land – because it’s ‘very private’.
He had spent three years renovating the residence, which involved removing the roof and reworking the rooms of the second floor.
He said he tried to keep ‘a lot of the same look and feel from its original state’ in the exterior, but added that the interiors are European contemporary style.
In 2010, the home was listed for $29million and briefly listed for $42.5million in 2011.
According to Zillow.com it was also advertised for $34.5million in 2012, before its current sale to Collins.