News Florida mansion formerly owned by Cher back on the market for $42.5 million August 20, 2023Kinsey Crowley, USA TODAYComments Off on Florida mansion formerly owned by Cher back on the market for $42.5 million Cher bought the Spanish-style estate for $1.5 million in 1993. Now, it is back on the market for $42.5 million, with a 158 feet of waterfront views.