Timbo finally gets the property off his hands.
Timbaland's been dealing with some issues in relation to the sale of his Florida mansion. The producer finally sold the house but unfortunately, he lost out on a lot of cash in the process.
According to The Blast, Timbaland has finally sold his Florida mansion for $1.8M to New Era Investment Properties which is far less than the original price he paid for. The producer initially bought the house for $3.475M in 2004 before listing it for sale in 2017 following his second attempt at divorce from his ex-wife Monique. The 10,689 sq. ft. home was initially listed at $4.49M due to issues finding a buyer, he was forced to reduce the price.
Timbo's troubles selling the home stemmed from issues with a tenant. The producer rented out the home to a man named William Zamora who allegedly refused to leave Timbaland's house. This resulted in Timbo filing a lawsuit against Zamora and getting authorities involved. Timbo's still trying to get $100K in the case for the damages caused to the property.
The luxurious home came equipped with seven bedrooms and eight bathrooms. Additionally, the house also featured a full game room, formal dining room, theater, wet bar, room to room aquarium, large maid’s quarters, 3-car-garage, all rooms have balconies, tropical pool area and covered BBQ plus tennis court which you would have to share with the neighbor.