Its interiors are modern. and covers an area of almost 10,000 square feet. Nine bedrooms may be found.  Floyd Mayweather Jr., a retired boxing champion, just spent $18 million on a stunning new waterfront mansion near Miami Beach.

The modern three-story property is located on Palm Island, a gated, premium neighborhood in the city. According to statistics from realtor.com, the average asking price for a home there in July was $21M, a staggering 200% rise from the same period in 2020.

After earning $915M over a decade, Mr. Mayweather, 44, was named the highest-paid athlete of the decade by Forbes in 2019. According to property records, he bought the home last week using a Nevada limited liability business of which he serves as manager.