Jennifer Lopez and Alex Rodriguez reportedly dropped $33 million for a mansion on a high-security Miami island that's guarded 24/7 

Courtesy The Jills Zeder Group

• Jennifer Lopez and Alex Rodriguez have reportedly purchased a one-acre, waterfront property on Miami's exclusive Star Island community for $32.5 million, Variety reports.
• Located off of the MacArthur Causeway, Star Island is guarded around-the-clock and, true to its name, draws a star-studded crowd.
• Gloria Estefan currently lives on the island, and former residents include Shaquille O'Neill, Madonna, and Rosie O'Donnell.
• Average home prices on Star Island fall between $32 and 40 million, according to The Jills Zeder Group.
• Take a look inside 13 Star Island, which boasts 10 bedrooms, a private dock, and unobstructed views of the Miami skyline.

 

Celebrity couple Jennifer Lopez and Alex Rodriguez have snatched up a property in Miami's exclusive Star Island residential community for $32.5 million, according to Variety's Jeff Vasishta.

Green markings show the property lines for 13 Star Island. 

Courtesy The Jills Zeder Group

According to Coldwell Banker Realty's property listing, the home sold unfurnished on August 19 for $7.5 million under its April asking price of $40 million. TMZ first broke the news that Lopez and Rodriquez were the buyers, and later reports by South Florida Business Journal and the Wall Street Journal corroborated the buyers' identity.

Jill Eber and Jill Hertzberg of The Jills Zeder Group represented the listing. A representative for The Jills Zeder Group did not immediately respond to Business Insider's request for comment on the sale or the identity of the buyer.

Source: The Jills Zeder Group

Located off the MacArthur Causeway and guarded 24-7, Miami's Star Island draws quite the star-studded crowd. Singer Gloria Estefan owns a home there, and past residents include Rosie O'Donnell, Madonna, and Shaquille O'Neal, to name a few.

Green markings show the property lines for 13 Star Island. 

Courtesy The Jill Zeders Group

Average home prices for the island's 34 properties fall between $32 and $40 million, according to The Jills Zeder Group. 

Source: Globalty Investment, Realtor.com, Miami Luxury Homes

The 10-bedroom, 12-bathroom home spans two stories, has an elevator, and sits on just under an acre of waterfront property.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Everything about the property spells luxury.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

The kitchen comes with chandeliers ...

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

.... and a carved stone fireplace makes for a stately living room.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Then there's the wine room.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Not only does the second-floor master suite have a sitting room and office ...

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group...

 but it also connects to two large terraces with unobstructed views of Biscayne Bay.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

The master bathroom has a walk-in steam shower made of onyx ...

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

... and the walk-in closet is spacious, to say the least.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Outside, the home opens up to a large, resort-like swimming pool with a Jacuzzi and cabana bath.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Bordering the pool are several lounge areas ...

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

... as well as a covered bar.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

Farther out is a private, 100-foot dock, ideal for sipping cocktails and watching the sun set.

Courtesy The Jills Zeder Group

Source: The Jills Zeder Group

By night, property spotlights mimic the colors of the Miami skyline.

Courtesy The Jills Zeder Group

By all appearances, Lopez, Rodriguez, and Lopez's two children are enjoying the sunset views: 

This is not Jennifer Lopez and Alex Rodriguez's first multimillion-dollar home. They also have properties in Bel Air, Manhattan, and the Hamptons, and just sold their 5-bedroom home in Malibu.

The outside of her Jennifer Lopez's Bel Air home. 

Berlyn Photography

The Malibu home sold for $6.8 million after less than two months on the market, Katherine Clarke reported for the Wall Street Journal.