Beyonce Takes $350K Loss After Selling Miami Condo
Beyonce can afford to lose a little money, but that probably doesn't make it sting any less when it happens. The prego pop star recently learned a hard lesson about the state of the economy when she put her itty bitty $465,000 Miami condo on the market... And it sold for $110,000.
Bey picked up her little Florida getaway right at the start of her solo career, way back in 2002. Now that she's a mom-to-be, a 190 sq. ft. abode with only a half bathroom simply won't do. However, the little cabana is a dream escape for a single lady -- it sits beachfront and is only steps from the salty water and the pool.
Even though Queen B paid almost a half a million for the diamond-encrusted shack, she listed it for an asking price of $135,000. When a buyer came forward on Nov. 9, they offered her just over $100k, and she accepted, cutting her losses at $355k, give or take.
Oh well, baby Jay-once's got to eat, right?