Real estate

Technical foul called on report of Shaquille O’Neal's $10 home sale

June 10, 2014 at 2:55 PM ET

Former NBA great Shaquille O’Neal himself found this report from TMZ to be a head-scratcher: he sold a house for $10?

In reality — and in Orange County, Florida, property records — the retired NBA center sold the home at 5162 Rishley Run Way in Mount Dora, Florida, for $240,000. That’s $5,000 more than he paid in 2012, when he bought the home for a family member, said his friend and business partner, Curtis Cooper, an area real estate agent.

Shaquille O'Neal recently sold this Florida home for $240,000.
Zillow
Shaquille O'Neal recently sold this Florida home for $240,000.

“I was with him earlier today, and he was like, ‘what is this?’” Cooper said.

Cooper and O’Neal work together a lot on various residential and commercial real estate deals. Real estate was an interest of O’Neal’s before he retired from the NBA after a 19-year career and he certainly doesn’t need a suburban Orlando 4,000-square-foot house. He has a giant mansion in the nearby Isleworth community.

Still, the $10-home story has been a slam-dunk on the Internet and it’s appearing all over the place.

Shaq did pay $10 for something in the deal, and perhaps that’s where the confusion set in. According to the county appraisal’s office, Shaq, like anyone, has to pay a $10 recording fee.

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Emily Heffter, a reporter and writer for Zillow Blog, covers celebrity real estate, unusual properties and other real estate topics. Read more of her work here.

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