Random Florida Real Estate Frivolities

One week after Tiger Woods made a hefty $40 million Florida real estate purchase, there comes more big news from the same town of Jupiter Island. Burt Reynolds has reportedly put his waterfront home there — a 12,500-square-foot compound that sits on over three acres and includes a theater, caretaker’s quarters, a pool, and a helicopter pad — on the market for $15 million.

Across the country, 88-year-old Kirk Kerkorian, the former owner of MGM, has listed his Beverly Hills home at $25 million. The gated compound sits on 30-plus acres and includes a five bedroom home, a pair of tennis courts, two swimming pools, its own putting green and two guesthouses.

Turning our attention to Las Vegas real estate, word has it that a number of pricey developments are in trouble — or already gone — includinh Michael Jordan’s Aqua Blue and the Liberty Towers High Rise. There are still 23 projects nearly completed.

Meanwhile, the New York Post reports that Richard Gere bought a Hamptons home (on the eastern end of Long Island) in October for around its $7.9 million asking price, only to have relisted it for approximately $9 million.

Lastly, proving that even pro athletes can’t always break into the pricier markets, New York Yankees relief pitcher Tanyon Sturtze will be spending $9,500 a month on rent (with a lease-option to buy) for a three-bedroom, three-bath pad in the Milan building of downtown, where he’ll be moving over the weekend.