Beyonce Takes Real Estate Loss on Miami Condo

Movies & TV

Vibe / December 14, 2011
It seems like Beyonce had everything to gain this year with a new album, new concert DVD and new baby. But with every win comes a loss and the “4” singer was recently dealt an expensive one.
 
According to TMZ, Bey purchased a teeny 190-square foot Miami beachfront pad for $465,000 in 2002. It was likely part of a larger condo complex that was a quick stroll away from the sand and pool.
 
The little cabana was put back on the real estate market in November when she sold it back for $110,000 (her asking price was $135,000) and more than 350k below the purchase price.
 
But Mrs. Carter, who earned $35 million in 2011 according to Forbes.com, won’t stress the past with Christmas fast approaching.
 
The mama-to-be told Britain’s New! magazine that she will be spending time with family and using the holidays as “a time to relax with family and count the many blessings in [her] life.’
 
She’s also not concerned with her calorie count this holiday season as her pregnancy has allowed her to give in to her cravings.
 
As far as what she’s putting under the tree for husband Jay-Z, the 30-year-old songstress was tight-lipped. “I can’t say, it has to be a surprise!’ she said. “Seriously though, we both keep seeing super-cute stuff for the baby, so I am sure even our presents for each other will involve the baby in some way!”
 
Finally, she’s put her love on top. –Adelle Platon