A lesser-known fact about NBA Legend Shaquille O’Neal is that he owns multiple high-end real estate properties. Shaq owns houses and mansions all across the country and he has made millions off of them. But once Shaq sold his eight-bedroom mansion for a potential $61 Million ‘loss’ and he did that despite having two Hollywood A-listers as his neighbors.

Out of all the houses and estates that Shaq owned, there was one iconic property which stood out. And that was his mansion in Florida which he bought in 1993. It was a massive estate that was set on four acres and was over 28,000 sq. ft. It had an indoor basketball court, a cigar room, a dance studio, and many other luxurious amenities.

And after multiple price cuts, Shaq eventually sold that eight-bedroom mansion for $11 Million last year. But this wasn’t the only eight-bedroom property that Shaq sold.

Shaquille O’Neal could soon be regretting selling this property for just $16 Million

Similar to his property in Florida, Shaq had another eight-bedroom, eight-bath mansion on Star Island. The two-story architectural masterpiece is situated on a large lot of two and a half acres along with a massive waterfront. The Island is also home to several Hollywood A-listers, such as Gloria Estefan and Sean Combs.

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Shaquille O’Neal sold this mansion for $17 Million in 2009. But Shaq would surely be kicking himself for selling it too soon. The home next to his former property is currently listed at $77 Million. This could mean that Shaq took a possible $61 million hit on this sale.

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Shaq has built himself a nice empire which is in excess of $400 Million. He owns tons of restaurants, gyms, car washing centers, and much more. He has also invested in some huge companies that include Google, Lyft, and Uber. Along with that, he also earns loads of money through his endorsements. Some reports say that these are in excess of $50 Million.

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Along with that, he also owns several properties across the United States. And he has made millions by reselling them. But selling his Star Island Mansion was probably not the wisest business decision Shaq has even taken and he could be potentially losing out on millions.