Ricky Martin's pocketbook can heave a sigh of relief!
His Miami home is finally off the market … but he won't be making too much profit off it.
Originally dropping $10 million on the mansion, Ricky finally conceded to a $10.6 million offer.
Property taxes on the home are around $106,000 a year so getting his fifth South Florida house off his hands is definitely a plus!
Check out the GORGEOUS pics (below) of Ricky's former pad!
[Image via Zillow.com.]