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Birdman Finally Sold His Money Pit Of A Miami Mansion

By HHL JT
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The long saga of Birdman's Miami mansion has finally ended. 

In classic Baby fashion, he had stopped paying the $12 million dollar mortgage on the the 20,000 square-foot, seven-bedroom, 12 bathroom mansion.  The Cash Money boss paid  $14.5 million for the abode in October 2012 and then added a few million in renovations, before dealing with a long foreclosure process that involved Gucci bikes.

All the while he was trying to sell the Palm Island property, which once belonged to Scott Storch.  He started at $20 million and has finally found a buyer at the bargain price of $10,850,000.

While Birdman will end up taking quite a bath on the property, he lives to take out another mortgage he won't pay.

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Posted In: News Birdman

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