Marc Anthony is a Grammy-winning Latin music star and one of the best-selling salsa artists of his generation, but his chart-topping success as an international music icon did not translate to the real estate market this time.<\/p>\n
According to a report by The Wall Street Journal<\/a>, the Grammy-winning singer sold his luxury residence at One Thousand Museum Tower<\/a> in downtown Miami for $8.6 million, nearly $2.4 million less than the $11 million he originally paid for it in 2011.<\/p>\n The 8,400-square-foot condo features five bedrooms, six-and-a-half bathrooms, and floor-to-ceiling windows with sweeping views of Biscayne Bay and the Port of Miami. The tower, which offers five-star amenities including indoor and outdoor pools, a private spa, fitness center, and a helipad, is one of the most architecturally unique buildings in the Magic City.<\/p>\n Anthony, 57, shared the high-profile address with celebrity neighbors including David and Victoria Beckham and other Miami notables. The transaction was handled by Anamar\u00eda Vel\u00e1squez of Nexxos Realty<\/a>.<\/p>\n While this real estate transaction did not net a gain for Anthony, the singer has done well in previous South Florida real estate deals. Before purchasing his downtown condo, he sold his 7,000 square feet Casa Costanera mansion, designed by Manny Angelo Varas<\/a>, in Coral Gables\u2019 exclusive Cocoplum<\/a> community for approximately $22 million, after having acquired it for about $19 million.<\/p>\n