Jennifer Lopez's former Miami Beach home, which she sold in 2005, is back on the market.
The seven-bedroom home has been relisted for $40 million—a 28 percent increase over its previous asking price of $29 million when the current owners first listed it in 2010, according to The Wall Street Journal.
The owners, healthcare entrepreneur Mark Gainor and his wife, purchased the home from J-Lo for $13.9 million, and then put $11 million worth of work into the house.
The home spans 12,152 square feet, has eight full bathrooms, and three half baths.
The house was built in 1929.
The mansion sits on about an acre and a half of land.
Taxes are $191,367 a year. But for some people, a closet like this is worth that price.
See the rest of the story at Business Insider
Please follow The Life on Twitter and Facebook.
