Beyonce takes big loss on Miami real estate

HollywoodNews.com: Beyonce is lucky she’s already rich because she reportedly just lost a lot of money on some Miami property.

Beyonce recently sold a small cabana she had in a Miami condo complex for about 75% less than she bought it for, states TMZ. The singer originally bought the property for about $465,000 in 2002, but sold it now for about $110,000.

Beyonce likely just owned the property so that she could have a private restroom down by the beach.

What do you think about the loss?

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