Phil Collins purchased Miami Beach mansion once owned by Jennifer Lopez and paid $33 million for it. The British-born rocker has bought the property from private equity firm owner Mark Gainor who paid only $13.9million for the property in 2005. The 12,150-square-foot villa at 5800 North Bay Rd. has about 200 feet of waterfront on Biscayne Bay and a view of the Miami skyline. Magnificent mansion has seven bedrooms, eight bathrooms, a wine cellar, a koi fish pond, an outdoor kitchen, boat dock, and swimming pool.
Gainor said he spent about three years gut-renovating it and lived there for about seven years, but decided to sell because he is moving to the West Coast. In renovating the home, Gainor said he tried to keep “a lot of the same look and feel from its original state” in the exterior, but the interiors are European contemporary in style.
Collins also has a home in New York, but has two sons in Florida so he spends a lot of time in Miami.