Howard Stern Buys Florida Mansion For $52 Million; Stern Considering Retiring In 2015
By Staff Writer | May 18, 2013 09:55 AM EDT
Howard Stern is coming to Florida. The shock jock Stern is planting roots in the state of Florida by buying a massive $52 million mansion in Palm Beach, Florida. Stern has spoken about wanting to leave NYC and move to Florida numerous times on his show and the $52 million Florida mansion may be a huge push in making that happen. Stern is contractually obligated to the show until 2015, but has not given any indication as to whether he will renew his contract.
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Stern's $52 million Florida mansion is a staggering 40,000 square feet, according to real estate website Trulia. It contains a five-bedroom, 11-bathroom house that totals 8,673 square feet, as well as a "smaller" structure, a beachfront pool, and formal gardens. The property was never officially released on the market and changed hands privately, making it the largest residential sale in Palm Beach this year.
While the $52 million check may seem like a lot of money, it's likely that Stern foot the bill upfront. His 2010 contract with SiriusXM radio pays him half a billion dollars over five years, and then he also went and picked up a multi-million-dollar second job as a judge on America's Got Talent.
Stern already owns two homes: a mansion in the Hamptons and a luxury apartment on the Upper West Side in Manhattan. Stern has been married for four years to Beth Ostrovsky, who is 19 years younger than the 59-year-old Stern. There is the possibility that Stern could continue doing radio out of his new Florida mansion, but he has not discussed that option publically.
However, the massive mansion isn't even the biggest house out on the market in Palm Beach. A look at the Palm Beach Multiple Listing Service shows that there is currently a nine-bedroom waterfront home on the market for a whopping $74 million. The mansion still remains one of the five most expensive properties in the zip code.
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