Shaquille O'Neal sells his massive Florida mansion for $16.5 million

Shaquille O’Neal has parted ways with his mega-mansion in Orlando, Florida, for a stunning $16.5 million.

The 48-year-old NBA legend was able to sell off the gigantic home after lowering its original 2018 asking price from $28 million, according to Mansion Global.

The entire complex boasts 31,000 square feet across four acres with 12 bedrooms and 11.5 bathrooms.

Moving on: Shaquille O'Neal, 48, sold his Orlando, Florida, mega-mansion for $16.5 million after relisting it four times, Mansion Global reported

Moving on: Shaquille O’Neal, 48, sold his Orlando, Florida, mega-mansion for $16.5 million after relisting it four times, Mansion Global reported

Most importantly for Shaq, the mansion includes a 6,000 square foot basketball court for him to practice his game.

After four years with the Orlando Magic in the early-to-mid 1990s, he made his biggest impact playing for the Los Angeles Lakers from 1996 to 2004 with his teammate Kobe Bryant.

He followed up with four years with the Miami Heat and then shorter stints with the Phoenix Suns, Cleveland Cavaliers and Boston Celtics, before announcing his retirement in 2011. 

Top of the world: O'Neal is best known for his stint with the Los Angeles Lakers from 1996 to 2004, when he and Kobe Bryant were teammates; seen in 2019 in NYC

Top of the world: O’Neal is best known for his stint with the Los Angeles Lakers from 1996 to 2004, when he and Kobe Bryant were teammates; seen in 2019 in NYC

Perfecting his game: Most importantly for Shaq, the mansion includes a 6,000 square foot basketball court for him to practice his game

Perfecting his game: Most importantly for Shaq, the mansion includes a 6,000 square foot basketball court for him to practice his game

His mansion is a paradise for anyone who wants to be close to the water, as its surrounded by both Lake Butler and Lake Louise.

It also has an enormous 95-foot outdoor pool with a relatively straight section that’s perfect for swimming laps.

It opens up into a wider resort-style pool that includes a waterfall and a dock for boating on the lake.

Guests and residents can enjoy the warm evenings with a kitchen near the pool that’s ideal for entertaining.  

All washed up: His mansion is a paradise for anyone who wants to be close to the water, as its surrounded by both Lake Butler and Lake Louise

All washed up: His mansion is a paradise for anyone who wants to be close to the water, as its surrounded by both Lake Butler and Lake Louise

Staying cool: It also has an enormous 95-foot outdoor pool with a relatively straight section that's perfect for swimming laps

Staying cool: It also has an enormous 95-foot outdoor pool with a relatively straight section that’s perfect for swimming laps

Enormous: It opens up into a wider resort-style pool that includes a waterfall and a dock for boating on the lake

Enormous: It opens up into a wider resort-style pool that includes a waterfall and a dock for boating on the lake

Entertaining: Guests and residents can enjoy the warm evenings with a kitchen near the pool that's ideal for entertaining

Entertaining: Guests and residents can enjoy the warm evenings with a kitchen near the pool that’s ideal for entertaining

The mansion has plenty of other ways to spend time outdoors, including an 18-hole golf course that located just next door.

O’Neal is a car collector and enthusiast (who notably had to customize some of his rides to accommodate his 7ft1in stature), so it’s fitting that his home included a 17-car mirror-lined show room.

The home features a fully-stocked chef’s kitchen with multiple ovens and ranges to prepare a feast.

Need for speed: O'Neal is a car collector and enthusiast, so it's fitting that his home included a 17-car mirror-lined show room

Need for speed: O’Neal is a car collector and enthusiast, so it’s fitting that his home included a 17-car mirror-lined show room

Light exercise: The mansion has plenty of other ways to spend time outdoors, including an 18-hole golf course that located just next door

Light exercise: The mansion has plenty of other ways to spend time outdoors, including an 18-hole golf course that located just next door

Gourmet meals: The home features a fully-stocked chef's kitchen with multiple ovens and ranges to prepare a feast

Gourmet meals: The home features a fully-stocked chef’s kitchen with multiple ovens and ranges to prepare a feast

Although Shaq had to significantly lower his asking price, he’s still making a considerable profit from what he originally paid for the mega-mansion.

The infamously bad free thrower bought the home for $3.95 million in 1993, just a few years after it was built, according to the New York Post.

Factoring in inflation, he would have spent a little of $7 million in contemporary dollars, meaning he profited by more than $9 million. 

The athlete – who has a reported net worth of $400million – relisted the property four times after first putting it on the market in 2018, each time decreasing the price.

He’s reportedly selling the mega-mansion because his job as an analyst for TNT’s Inside The NBA keeps him in Atlanta for large chunks of time, meaning his Orlando home isn’t being used much.

Still fresh: Shaq purchased the home in 1993, just three years after it was built; seen in 2019

Still fresh: Shaq purchased the home in 1993, just three years after it was built; seen in 2019

Making bank: Shaq originally paid $3.95 million, which is around $7 million in today's dollars, so he still made a considerable profit

Making bank: Shaq originally paid $3.95 million, which is around $7 million in today’s dollars, so he still made a considerable profit

New home: He's reportedly selling the mega-mansion because his job as an analyst for TNT's Inside The NBA keeps him in Atlanta for large chunks of time, meaning his Orlando home isn't being used much

New home: He’s reportedly selling the mega-mansion because his job as an analyst for TNT’s Inside The NBA keeps him in Atlanta for large chunks of time, meaning his Orlando home isn’t being used much

source: dailymail.co.uk