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Pics Of Jennifer Lopez & Alex Rodriguez' $40M Miami Mansion!! (Did They Overpay?)

MTO News has confirmed that A-list couple Jennifer Lopez and Alex Rodriguez have dropped $40 million on this luxury crib in the celebrity haven of Star Island, Miami Beach. 

The glamorous waterfront estate sits on the stunning Biscayne Bay and features stunning views of Miami's famous downtown skyline. 

The residence - which sits just a few doors away from JLo's ex-boyfriend Diddy's own Star Island mansion - comes complete with an infinity pool, wine room, 12 bathrooms, and a luxury guest house. describes it as an amazing contemporary 2-Story waterfront estate on exclusive, guard-gated Star Island that exemplifies luxury living. The estate sits on a manicured 40,000 SF lot & offers 15,011 SF & 100FT of WF w/direct Biscayne Bay & Miami skyline sunset views. Home features exquisite stone floors, Venetian plaster walls, elevator & living room that opens to the private formal dining room, an industrial-style chef's kitchen, library/den, wine room & great room that opens to the pool area. The 2nd-floor principal suite sports a sitting room, office & 2 large terraces w/bay views, plus a bathroom w/expansive onyx/glass steam shower, large walk-in closet & custom spa tub. Outdoor highlights include pool w/Jacuzzi, cabana bath, covered bar, private 100FT IPE wood dock & Atlantic Ocean access.