Mike Tyson splashes $13m on Florida property

Boxing legend and former world heavyweight champion Mike Tyson has made headlines after investing $13 million in a new property in South Florida.

Tyson reportedly earned $20 million from his professional comeback fight against YouTuber-turned-boxer Jake Paul in November 2024 despite losing to the younger opponent.

The 58-year-old icon has now spent a significant portion of his earnings, acquiring a stunning $13 million property in South Florida.

Read Also: Mike Tyson to earn $20m from bout with Jake Paul

According to the Palm Beach Post, the 2.7-acre estate is in the exclusive Tierra del Rey Estates area of Delray Beach, a neighbourhood renowned for its luxury and privacy. The property, one of only 78 in the community, offers access to a private lake, adding to its appeal.

Tyson’s representative for the transaction, Joseph Jonathan Schneider, praised the smooth process, saying:

“This has been a successful transaction with all the parties demonstrating professionalism and collaboration. The Tyson family has been a valued client and friend for many years, and it’s been a pleasure working with them.”

Real estate broker Matthew Maschler shed light on the motivation behind Tyson’s purchase, revealing that the move was influenced by his daughter’s love for tennis.

“The appeal to him is his daughter plays tennis, and she plays in Delray,” Maschler explained. “He wants to be able to fly in, watch his daughter’s tennis match, and then fly out to wherever he needs to be.”

The purchase not only underscores Tyson’s dedication to his family but also highlights his ability to maintain a luxurious lifestyle even decades after his prime boxing years. Owning a $13 million estate in such a picturesque location reflects Tyson’s knack for leveraging his earnings and fame.

While Tyson’s fight with Jake Paul sparked debates among combat sports fans, the financial windfall from the event has undeniably allowed him to invest in something meaningful.

For now, Tyson can enjoy his new retreat while staying close to his daughter’s sporting endeavours—an investment that blends family priorities with the perks of a high-profile career.