David and Victoria Beckham have made headlines by purchasing a waterfront mansion in Miami Beach for $72.3 million, establishing a new record on North Bay Road. The 14,270-square-foot estate at 4736 North Bay Road features nine bedrooms. It was listed for $80 million.

The mansion includes nine bathrooms, four half-bathrooms, a gym, a spa, a home theater, a pool, and an outdoor kitchen. The property offers 124 feet of waterfrontage on a 0.6-acre lot.

The developer acquired the property for $10 million ...