Sylvester Stallone buys $35 million Palm Beach Estate

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Movie star, Sylvester Stallone appears to have joined the growing bandwagon of ungodly rich celebs heading to high-nosed and insanely wealthy Palm Beach, seeking a sun-soaked, tax-friendly lifestyle.

Like Palm Beachers before them Sly and his wife Jennifer Flavin opened the floodgates of their bank accounts with the hefty $35.4 million purchase of a waterfront estate, as was initially reported by the Palm Beach Daily News.

Sylvester Stallone paid a whooping $35 million for his Palm Beach Estate

The gated Bermuda-style compound was built in 2014 and sprawls across roughly 1.5 landscaped acres with an attractive cross-hatch patterned motor court lined with tropical plantings.

Just walking the palm-tree-clustered grounds of the more-than 13,200-square-foot, seven-bedroom, 12-bathroom property is likely to be a good calorie burn for the gym obsessed septuagenarian action flick superstar.

In addition to the main house, the estate includes two guest houses, one of them a stand-alone waterside pavilion, plus an open-air cabana that faces a keyhole-shaped pool surrounded by manicured lawns and swaying palms. A separate semi-circular spa is sited just a few feet away from the sandy water’s edge.

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