Yesterday, TMZ reported that Shaquille O'Neal sold one of his Florida homes to an Orlando-based businessman for the low, low price of $10. The house, located in Mt. Dora, boasts five bedrooms, four bathrooms and almost 4,000 square feet. Shaq bought the house for $235k in 2012. Doesn't seem like such a wise investment, now, huh?
Yves Paul Demesmin, who owns a tax services business, bought the house from Shaq in March. With cherry cabinets, granite counter tops, a wet bar and an entertainment room, it seems like Demesmin's new home is the real estate deal of the century. (Too bad local band Alias Punch, who deified Shaq last year, couldn't get in on the bidding.)
Neither party has commented on the bargain basement sale of the property. Maybe it was a super-baller Indiegogo perk from the Shaq-Fu 2 campaign earlier this year?
Don't worry about Shaq, though. Even though he sold his Mt. Dora home at a huge loss, he's still got his 70k-square-foot mansion in Isleworth to rattle around in. If you wanna peek inside his opulent home, take a look at his appearance on MTV's Cribs back in 2006: