Real estate investor Grant Cardone, best known for his star turn on Discovery’s “Undercover Billionaire,” is selling two properties right now.
He’s reported to be quietly offering his Malibu, CA, mansion for $65 million. It’s also available to rent for $250,000 a month. He had picked it up in 2022 for $40 million.
On the other coast, the author of “The 10X Rule” is looking to unload an equally posh estate in Golden Beach, FL, for $42 million. He had paid $24 million for it in 2021.
Cardone has said he will accept bitcoin for payment. That comes out to 1,095 bitcoin for the Malibu home and 708 bitcoin for the Miami home at today’s rates.
Cardone is said to own some $4 billion in real estate, including “a 346-unit apartment building in Delray Beach, Fla.; a 501-unit complex in Sunrise, Fla.; and an Aventura, Fla. office complex,” according to The Real Deal.
Let’s look at the ritzy residences he wants to sell right now.
Malibu mansion
Built in 2005 and fully renovated, the seven-bedroom beach house sits on “the last 150-foot lot for sale” on the ultraexclusive “Billionaire’s Beach,” the listing notes. The California Coastal Commission “will never let an estate like this be built again.”
The property includes 150 feet of beach frontage and an infinity pool with ocean views.
The 9,500-square-foot interiors include glass walls, hardwood floors, and high-end finishes. Out back, there’s a 3,800-square-foot deck, an al fresco kitchen, fire pits, and a bonus space that could be used as a sport court.
High-end amenities include a home theater, a library with an “aquarium accent wall,” a wine cellar, a gym, and a cold plunge.
Cardone told the New York Post he picked up the home after his turn on “Undercover Billionaire.”
“After spending 90 days in the desert pretending to be someone else with no money, my wife and I and our kids went to Malibu and rented a house. We saw this house while on a walk and started thinking about buying it,” Cardone said.
Florida fantasy
The billionaire businessman picked up the Golden Beach property in 2021 for $24 million from fashion designer Tommy Hilfiger and his wife, Dee Ocleppo. Ithad been on the market for years for as much as $27.5 million.
Designed by Martyn Lawrence Bullard and featured in Architectural Digest, the vibrant spaces were styled to showcase the previous owners’ extensive pop art collection.
The 10,275-square-foot, seven-bedroom mansion includes a black marble staircase, an elevator, and plenty of space to display art.
The property includes beachfront access, an infinity pool, and a private beach cabana. The pool deck, bar, and grill area were recently updated.
Elena Cardone, Cardone’s wife, represents the property, which has been on the market for 20 days.
