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Beyonce Takes Huge Price Cut Selling Off Miami Cabana!

| Filed under: BeyonceBusiness BlitzFor Reals Estate



All the more proof that times are tough - even if you're Beyonce!

The diva paid $465,000 on a small, 190 square foot cabana in a Miami condo complex in 2002, basically to use as a beachfront room adjacent to the pool, but apparently, she has sold it off for a mere $110,000 - 75% less than its original fee!

Brutal, right?!

Well, about as brutal as it can be for someone with the finances to pay almost $500k for a glorified changing room!

[Image via WENN.]

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7 comments to “Beyonce Takes Huge Price Cut Selling Off Miami Cabana!”

  1. 1

    Give me a break. What a non-story. Yes, the market is bad now. No, that won't effect people like Beyonce.

  2. Mermo says – reply to this


    She sold it to me!!!!

  3. 3

    Duh! She bought right before the real estate peak. Then the real estate market had an overdue eruption. The economy has gotten worse in the past two years, esp in touristy/resort areas. The math is easy.

  4. 4

    Um….this was news like three days ago. What a fucking lame site.

  5. 5

    Re: fairwindsandfollowingseas – go to a dfifferent site loser

  6. @v@ says – reply to this


    Relative to the market, any property she might buy with that money would be lower as well, but sometimes you can get stuck buying high and selling low.

  7. 7

    awwww how will she ever get by after such a loss??? (much sarcasm intended)