Superbowl Champ Warren Sapp sells palatial Florida home for $2million just seven years after building it for $7million
- NFL star had to sell his luxury mansion after filing for bankruptcy
- Fitness guru Dygraaf bought the house but does not plan on living in it
- Mansion has a cinema and swimming pool with a water slide
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Superbowl Champ Warren Sapp has sold his palatial home in Windermere Florida for $2.1 million to a fitness celebrity who made her fortune with workout videos.
Brenda Dykgraaf was the high bidder at the Thursday’s auction of Sapp’s estate, according to Fisher Auction.
‘[It was] strictly a real estate deal,’ Dykgraaf told reporters. ‘I live in Wesley Snipes’ old home right next to where Tiger Woods used to live so it doesn’t really matter to me.’
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Lucky winner: Dykgraaf made her fortune selling fitness programs and exercise machines on the Home Shopping Network
Busted: Sapp lost most of his money in an investment to build low-income housing before the real estate market crashed
No stranger to profiting from the poor business acumen of celebrities, Dykgraaf bought Snipe’s house just before he went to federal prison for tax evasion.
Dykgraaf said she wouldn’t live in the house but might use Sapp’s celebrity to market it.
Dygraaf, 51, is the star of several home exercise videos including Disco Workout and Whole Body Workout and has sold fitness equipment for the Home Shopping Network including the AirClimber and Ab Roller Plus.
Luxury home: Sapp's 10,000 square foot estate was built for appromixmately $7 million just seven years ago but only sold for $2.1 million this week
Built in 2005 for $7 million, the 10,000 square foot Tuscan style home is filled with luxuries.
There are four large bedrooms, a wine cellar, a private movie theater, and a custom resort-style swimming pool complete with waterside and lazy river.
Deluxe: Sapp's mansion featured a private movie theater, four bedrooms, and wine cellar
The lanai boasts built with rock and brickwork.
The yard features 500 feet of combined frontage, with a dock, on Lake Butler with an array upgrades and extras.
Caption: Sapp¿s custom resort-style pool came complete with a waterslide and lazy river
Dykgraaf was one of five registered bidders who eposited $300,000 in cash each for the chance to bid for Sapp’s home with the initial asking price set at $1.6 million.
Sapp¿s home is rumored to still house a pair of Mohammed Ali¿s boxing gloves and more than 200 pairs of Nike Air Jordan¿s the former NFL star collected
The auction lasted only 15 minutes before Dykgraaf’s bid wasn’t matched.
‘You always hope for more bidders,’ said Lamar Fisher, owner of the Pompeo Beach auction company.
A deal: Dykgraaf said she wouldn¿t live in the house but had purchased it strictly as a real estate deal
Sapp, a former Tampa Bay Buccaneers stay who played in the National Football League for 13 seasons told the Tampa Tribune that he had to file for bankruptcy to avoid jail time.
Last resort: Sapp said he wouldn¿t have declared bankruptcy or sold the beautiful Tuscon home if there was another way to stay out of prison
‘Do you think I wanted to declare bankruptcy?’ he said to reporters. ‘Do you think, if there was any other way possible, I would have done it? It was either this or go to jail.’
Great outdoors: Sapp's yard features 500 feet of combined frontage leading to a boat house and dock
Sapp lost much of his money in a plan to build a low-income housing project in Fort Pierce, but the market dropped out after he invested in the deal leading to his NFL wages being garnished for 11 months as his bills went unpaid.
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The Mail writers need to learn how to spell and punctuate correctly. The possessive of "Snipes" is "Snipes's," not "Snipe's" (which is a misspelling) as it was printed in this article. The editorial staff doesn't do a very good job on this site.
- Janis , Portland, 03/11/2012 21:16
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