Music man Billy Joel has sold his mansion on Miami Beach's posh La Gorce Island to Italian handbag mogul Diego Della Valle for just under $14 million, according to Trulia's luxury real estate blog.
The singer had listed the mansion in May 2012 for $14.75 million, just over a million dollars more than he paid for it in 2006.
The 8,880-square-foot Mediterranean-style home, is located on a .67-acre slice of waterfront, with expansive bay views and space to park a yacht.
Della Valle is the president and CEO of Italian leather goods company Tod's.
The mansion is located on La Gorce Island, a gated community in Miami Beach.
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Unbeatable views of the water.
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The house has 7 bedrooms and 8.5 baths.
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See the rest of the story at Business Insider