Our TV Shows

Got a Tip?

Call TMZ at (888) 847-9869 or Click Here

​Plaxico Burress

Casualty In Real Estate Crash

Takes Huge Hit on FL Mansion

2/4/2014 9:07 AM PST BY TMZ STAFF
0204_plax_pad_house_launchPlaxico Burress just got ROCKED by the real estate market ... 'cause he just unloaded his Florida mansion for HALF of what he paid for it back in 2005, TMZ Sports has learned.

We know ... Plaxico originally bought the 6,872 square-foot mansion in Lighthouse Point, FL back in September 2005 for $3.995 ... but that was right before the bubble burst.

Since then, real estate values in the area have plummeted -- and Plax just sold the place for $2 mil.

Official documents obtained by TMZ Sports show Plax was able to get rid of the house as part of a short sale (where the bank accepts less money than what's owed on the mortgage).

Unclear why Plax decided to sell since the house in incredible ... with a full media screening room, incredible pool, marble everywhere and a 100-foot dock.

Calls to Plaxico were not returned. For more sports stories, check out tmzsports.com!

Around The Web