Cher bought a Miami Beach Waterfront mansion in 1993 for $1.5 million and resold it three years later for $4.35 million. The property has gained recent attention for its historical relevance and Cher's purchase. The Times of India noted the transaction, emphasizing the notable real estate success. A Look Back at Cher's Former Miami Beach Waterfront Estate, published by Zoom TV, highlighted the property's past. The Economic Times also highlighted the sale, highlighting the $1.5 million purchase price and subsequent resale. This Weekend Gallery Does Light Housework - Hits Daily Double and Cher's Miami Beach Mansion: A Real Estate Success Story - SSBCrack further detailed the mansion's history and Cher's role in its acquisition and sale.