Tampa Bay Rays co-owner Randy Frankel just bought this giant Florida mansion
Tampa Bay Rays co-owner Randy Frankel currently resides in New Jersey, but it looks like he may be moving to the Sunshine State.
According to South Florida real estate site The Real Deal, Frankel recently paid $14.4 million for a 8,533 square-foot spec mansion in Miami Beach. To add just one more layer of Florida to this story, the property was developed by DJ and former Miami Heat player and Rony Seikaly and developer Todd Michael Glaser.
Located at 1635 W. 22nd St., the four bedroom, and four-and-a-half bathroom house comes with a guest house with another three bedrooms and three baths, and a cabana. It also features an elevator, a resort-style pool deck with a summer kitchen, a roof top deck, na ew seawall, and a large dock.
Frankel is a former Goldman Sachs managing partner, and part of the six-man partnership that spent $65-million to buy a controlling stake in the Rays in 2004. The Sternberg Six, as they're called, consist of Andrew Cader, Randy W. Frankel, Timothy R. Mullen, Gary F. Goldring, Stephen M. Levick and, of course, Stuart Sternberg.
The Ray's Tropicana Field contract with the City of St. Petersburg is up in 2027, and until then it's unclear exactly what will happen with the franchise. But at least we know Frankel is interested in staying in Florida.
Nelson Gonzalez of Berkshire Hathaway HomeServices EWM Realty brokered the sale.
Photos via Zillow.com