Ricky sells mansion for $10.6 m

Singer Ricky Martin has sold his 7-bedroom Miami Beach mansion for $10.6 million, but the name of the buyer is not yet known, The Miami Herald reported.

Singer Ricky Martin has sold his 7-bedroom Miami Beach mansion for $10.6 million, but the name of the buyer is not yet known, The Miami Herald reported.

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The house is close to the homes of Miami Heat stars Dwyane Wade and Chris Bosh, and the mansion of Bee Gees frontman Barry Gibb. Martin, who is currently starring on Broadway in the musical Evita, had been asking for $12.5 million.

But the house, built in 2004, was sitting on the market on and off for nearly five years”. The singer bought the mansion in 2005 for $10 million, The Herald said, citing MLS real estate records.