Billionaire entrepreneur and venture capitalist, Peter Thiel, nabbed a Miami estate featured on MTV’s ‘The Real World’ for a hefty $18 million.
The 10,041-square-foot compound, which consists of two properties on E Rivo Alto Drive within Miami’s Venetian Islands, is now home to the 53-year-old PayPal co-founder, the latest to leave Silicon Valley, according to Business Insider.
The estate was previously owned by former Ford CEO Jacques Nasser before it hit the market over the summer, the outlet reported. However, after sitting on the market to the tune of $19.9 million, Nasser dumped the property in September to Atlantic View Holdings LLC, according to property records obtained by FOX Business.
Inquiries to Thiel’s office were not returned.
The property was built in 1995 and has nine bedrooms and a dozen bathrooms, according to a property listing. However, one of the homes on the sprawling two-lot property was also used as the former set of the MTV reality show, “The Real World” in the late 1990s.
The four-bedroom, three-bath home had housed seven cast members of “The Real World: Miami”