Alex Rodriguez sells Miami Beach home for $30 million

Yankees third baseman Alex Rodriguez laughs as he

Yankees third baseman Alex Rodriguez laughs as he speaks to the media after reporting to the Yankees' Minor League complex for rehabilitation. (May 6, 2013) (Credit: AP)

MIAMI BEACH, Fla. -- Yankees slugger Alex Rodriguez has sold his Miami Beach home for $30 million.

A-Rod's business partner, Jose More, confirmed that the sale closed Friday.

Rodriguez bought the 54,000-square-foot piece of waterfront land for $7.4 million in 2010. Using his own construction company, Newport Property Construction, he spent another $7.6 million building a nearly-20,000-square-foot mansion.

The sale -- one of the highest ever in Miami-Dade County -- will earn Rodriguez a $15 million profit.

More says Rodriguez decided to sell because the buyer, who More wouldn't name, made A-Rod an offer he simply could not refuse. More says Rodriguez also loves the design process and is already planning to buy another home in South Florida with a little more privacy.

A-Rod is recovering from surgery on his left hip.

advertisement | advertise on newsday

Baseball videos

advertisement | advertise on newsday