Tuesday, April 30, 2024

Home run: Ex-MLB stars $16 5 million mansion sale shatters record

ben mallah house

He also led the Phillies to a World Series title in 2008, when they defeated the Tampa Bay Rays. Howard purchased the property in 2012 for $3.5 million and began construction soon afterward. Plans at the time called for eight bedrooms and at least 10 bathrooms, two elevators, three laundry rooms, a massage room, and two kitchens.

Home run: Ex-MLB star’s $16.5 million mansion sale shatters record

Mallah, known for his flamboyant personality and colorful language, said the house was an anniversary present for his wife, Karla. Insurance has destroyed resale in Florida,” Mallah said. “People who used to qualify for $1 million dollar loans are getting $500,000. Everybody is at a standstill because of their property’s worth. He said he essentially “broke even” with the sale, attributing it to the investments he has pumped into the property and the economic downturn.

Now that Ben Mallah owns Tampa Bay's most expensive house, he's selling two others

ben mallah house

Finally, when he was 17, he decided to quit and join the army. In a 2019 interview, Mallah said, "What drew me to this house was definitely not the price, but it was a unique house. I like things that are unique." ‘Selling Tampa’ is set to take Netflix viewers inside the glamorous world of luxury waterfront property in the Bay Area, Jennifer Holton reports. The listing agent is Priscilla Pesce from Charles Rutenberg Realty.

Places This Week: Mallah lists retail center for $23.9M - St Pete Catalyst

Places This Week: Mallah lists retail center for $23.9M.

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Ben Mallah sells properties, says ‘the big boom is over’

Ben Mallah's bio: wife, house, health updates, children - Tuko.co.ke

Ben Mallah's bio: wife, house, health updates, children.

Posted: Mon, 13 Jun 2022 07:00:00 GMT [source]

The nearly 40,000-square-foot home sits on a 2 1/2-acre lot on a private beach and features a two-story paneled library, a bowling alley, large wine cellar, and trophy room. It also has a six-car garage and lazy river running across the entire property. A third house, in Redington Beach, was listed last week at $3.2 million. About two months after their dash to Las Vegas, the Stahls decided to drive up to this mystery spot and have a look around.

Phillies star Ryan Howard sold this beachfront mansion to real estate mogul and entrepreneur Ben Mallah for $16.5-million several years ago. Wazio was the selling agent last month when Mallah bought the Belleair Shore house for $16.5 million. Another agent is handling the sale of a third home Mallah currently owns, a nearly 4,000-square-foot gulf-front house in Redington Beach. Ben Mallah is a successful real estate mogul and entrepreneur who started his career as a teenager.

New owner of Ryan Howard's former home gives first look inside palatial mansion

Not only does it look like a party house, but also a great place to relax and enjoy the beach in Florida. The pool is simply amazing and appears to run below the house for parts, outside, and has lazy rivers. Inside you'll find all the luxuries a king might need, like a theater room, a wine cellar, a two-story library, and a bowling alley. For just the property taxes on Mallah's new gulffront home - $145,668 - you could have your choice of 1,581 homes and condos now on the market for less than that amount. The hilltop home, said to be 105,000 square feet, was marketed for $500 million several years ago while under construction but didn’t find a buyer.

Newborn baby found dead in garbage bin on University of Tampa campus, mother hospitalized: TPD

Mallah also bought The Treasure Bay Resort and Marine Club for $10.88 million and plans to renovate the 83-room resort overlooking Boca Ciega Bay. The waterfront resort also features a pool and an outdoor bar. Mallah was initially interested in the property for the nearly two-acre lot that offers views of Sand Key and Clearwater Harbor.

All 15 condos currently on sale on St. Petersburg’s Beach Drive

Locals called it Pecker Point, presumably because it was a prime makeout venue. For the Stahls, it became the blank screen on which they projected their dreams of a life together, a place to build a future, a family, and a house like no other. The buyer will be disclosed by March 8, when paperwork must be submitted to U.S. Bankruptcy Court Judge Deborah Saltzman, who will hold a hearing later this month on whether to approve the sale. It is possible that the winning bidder will be a limited liability company, a legal entity often used by the wealthy to hide their real estate purchases.

Agent Brent Chang of Compass said the results were a cautionary tale and might prompt builders to think smaller, given that multiple huge mansions have gone into bankruptcy in the last few years. He also wondered if the timing was off given Russia’s invasion of Ukraine. However, after the online auction opened Monday, only five bidders from the United States and New Zealand participated. Want more of our free, weekly newsletters in your inbox?

They found themselves gawping at the entirety of Los Angeles spread out below in a grid that went on for an eternity or two. In the kismet-filled conversation that followed, Buck agreed to buy the barren one-eighth-acre lot for $13,500, with $100 down and the seller maintaining the mortgage until the Stahls paid it off. For generations of pilgrims, gawkers, architecture students, and midcentury-modern aficionados, it would be known simply as the Stahl House. Inside you'll find all the luxuries, like a theater room, a wine cellar, a two-story library, and a bowling alley. Mallah, whose real estate holdings include several hotels throughout Florida, bought the Belleair Shore house as a 15th anniversary present for his wife.

The price was by far the highest for any home in the bay area and one of the highest ever on Florida's gulf coast north of Naples. The house has eight bedrooms and 7.5 bathrooms with nearly 20,000 square feet of space. The house was sold to Ben in 2012 for 16.5 million dollars. This is a mega palace where anyone could throw a mega raging party.

The property includes a 4,000-square-foot guesthouse, a sky deck with cabanas, a private theater, a full-service spa, a nightclub and even an outdoor running track and moat. How much The One would go for had been something of a parlor game in the luxury real estate community, with some thinking it is the ultimate trophy home and others declaring it a white elephant. I originally planned to keep them [the long-term assets] or until I was ready to sell,” Mallah said. Through his Largo-based Equity Management Partners entity, Mallah has been buying-and-selling more commercial real estate properties.

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