Phil Collins Net Worth: Rock Legend Purchases JLo's Former Home in Miami

Jennifer Lopez's tropical retreat in Miami Beach was recently purchased by rock icon Phil Colllins. According to a report from zillow.com, the said home had a price tag of $33 million.

The mansion was completed in 1929 and is of Mediterranean style, which is reportedly the norm in this area of Miami Beach. According to a report from wsj.com, the said house has seven bedrooms overlooking about 200 feet of Biscayne Bay. The home also has a great panoramic view of the Miami skyline.

The floor space measures 12,100 square feet and the whole property sits in about an acre in total. While the exteriors are of Mediterranean flavor, the interiors are clearly contemporary European.

Jennifer Lopez sold the home to Mark Gainor, founder of Lucor Holdings, the healthcare and financial services firm, back in 2005 at $13.9 million. After three years' worth of renovations and seven years of living in the home, Gainor moved back to the West Coast.

The renovations included changing the rooms on the second floor as well as building a large master suite with a walk-in closet. The exterior amenities include a 60-foot pool and spa tub and a coral stone deck with a cabana outfitted with its own outdoor kitchen. Other superstar amenities include an elevator and 6,000-gallon koi pond, a new dock with a boat lift and double jet-ski lift, a giant wine cellar and a three-car garage.

EWM Realty International's Nelson Gonzalez was the listing agent for the sale to Collins. EWM is an affiliate of Christie's International Real Estate. Mr. Collins is represented by Barclay's Real Estate Group's Mathieu Rochette.

The Genesis drummer sought to purchase the property because of his two sons who are in Florida, according to Rochette. Collins has another home in New York. He has a net worth of $250 million, according to celebritynetworth.com.

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