Tom Cruise Is Planning a Move to Florida After Selling His Beverly Hills Mansion for $40 Million - 2016-05-18

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F59.png Tom Cruise Is Planning a Move to Florida After Selling His Beverly Hills Mansion for $40 Million May 18, 2016, Michael Miller, People

After selling his Beverly Hills mansion for a whopping $40 million, Tom Cruise is looking toward the Sunshine State for his next home.

The Mission Impossible star's Los Angeles compound, which he shared with Katie Holmes during their six-year marriage, is currently in escrow after selling for $40 million, a real estate source tells PEOPLE. Cruise bought the property in 2007 for $30.5 million.

For his next home, the globetrotting actor is looking to continue planting roots in Florida, specifically in the city of Clearwater where Scientology's headquarters are located.


{{cite news | author = Michael Miller | title = Tom Cruise Is Planning a Move to Florida After Selling His Beverly Hills Mansion for $40 Million | url = http://www.people.com/article/tom-cruise-plans-florida-move-sold-beverly-hills-mansion-40-million | work = People | date = May 18, 2016 | accessdate = January 14, 2017 }}