Floyd Mayweather splashes $7.7 million for Miami mansion

Floyd Mayweather is renowned for his big-spending antics, and it would appear that the former boxing superstar has lived up to his name once more buying a Miami mansion worth $7.7 million in an all-cash deal. See photos after the cut

The champion boxer teased on his Instagram that he purchased a swanky new 5,200-square-foot hom in Miami, complete with a photo of two Bugattis in the driveway.

The house, which was built last year, was originally listed for $8.49 million according to Realtor.com.  

The 'Money' crib is equipped with five bedrooms, five bathrooms, a floating staircase, formal living and dining rooms, a 600-square-foot pool and a private dock.

Floyd Mayweather splashes $7.7 million for Miami mansion

Mayweather was the highest paid athlete in the world last year according to Forbes, having earned $300 million.

A significant part came from his victorious 'Fight Of The Century' against Manny Pacquiao in May, for which he earned a $100 million check.

Mayweather announced his retirement in September, not long after defeating Andre Berto at the MGM Grand Garden Arena in Las Vegas.

The undefeated boxing champ, also owns a $1.5 million house in Sunny Isles Beach, Florida., and a $2.5 million condo at the Ritz-Carlton Residences in LA.