Marco Rubio, Who Bragged About Living In "Working Class" West Miami, Is Selling His $675,000 House

Categories: Politicks
Marco Rubio -- the Tea Party's wunderkind, GOP's great not-too-white hope, and water's most awkward chugger -- had his moment in the national spotlight last night, delivering a rebuttal to President Obama's State of the Union speech in both English and Spanish. The reviews are in, ranging from the Daily Beast's "winsome" to Maureen Dowd's "parched, sweaty and shaky."

But let's talk for a moment about his humbleboast, "I still live in the same working-class neighborhood I grew up in." Yes, that would be West Miami, where Rubio has been trying to sell that house for an un-working-class-like $675,000 so he can up and move his family to GODLESS ELITE DC.

See also:
- Marco Rubio, Tea Party Pretty-Boy

If Rubio's rebuttal had one central theme, it was America's middle-class and who knows what's best for them. In fact, he said the words "middle-class" 17 times during the rebuttal. His West Miami shout-out was central to his argument that, unlike a tax-and-spend liberal elite like Obama, Rubio and his party know how to help regular Joes. Here's what he said about his hood:
Mr. President, I still live in the same working class neighborhood I grew up in. My neighbors aren't millionaires. They're retirees who depend on Social Security and Medicare. They're workers who have to get up early tomorrow morning and go to work to pay the bills. They're immigrants, who came here because they were stuck in poverty in countries where the government dominated the economy.
West Miami is, in fact, a fairly blue collar town, just west of tonier Coral Gables. But it's pretty brazen to put your residence there in a nationally televised speech when 1) you are actively trying to leave that working-class neighborhood and 2) you stand to make more than a half-million bucks by doing so.

Not to mention that Rubio only owns the home in question through a bit of political back-room dealing with a friendly supporter at a local bank. Let's revisit how Rubio got his West Miami dream pad (via New Times 2008 profile of Rubio):
Rubio's questionable financial judgment re-emerged just two months after his September 2005 ceremony with Jeb Bush. Back then, he owned one home, a small ranch-style place in West Miami on SW 14th Street that he'd purchased in 2003 for $175,000.

In December 2005, he bought a new, larger house a few blocks away on SW 13th Street for $550,000; he took out a $495,000 mortgage.

The fishy part: A month after Rubio purchased the home, U.S. Century Bank reappraised the house at $735,000 and then offered him a new $135,000 home equity loan that the speaker gladly accepted. U.S. Century's board of directors included Sergio Pino -- a megadeveloper who allied with Rubio on a key vote against slot machines -- as well as GOP lobbyist Rodney Barreto and consultant Jose Cancela. Essentially, a bank controlled by supporters printed Rubio $135K out of thin air.

"It's very unusual to get a new equity line so quickly," says Michael Cannon, managing director of Integra Realty Resources in Miami. "The average person would never get a deal like that. He got it, clearly, because of his connections."

Even worse, Rubio never disclosed the line of credit. Confronted about the error, he laughed and told a Herald reporter he couldn't understand why it was a story.
Don't worry, though. If Rubio finds a buyer for his home, he won't abandon the Sunshine State. "If he can sell his home in Miami he would be able to afford to move his wife and kids to Washington during the school year and still own a home in Florida," spokesman Alex Conant tells the Daily Caller.

Presumably, that would be the Tallahassee home he co-owned with David Rivera -- the disgraced, defeated Congressman that Rubio has spent the past three years sprinting away from. Yes, the same house that embarrassingly went briefly into foreclosure in 2010 as Rubio was harping on themes of financial responsibility.

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50 comments
drakemallard
drakemallard topcommenter

This guy is shrouded in hypocricy. He's only here legally because his parents were Cuban. What about all those Haitians who tried the same thing? They were just sent back. Then he gets his education with the help of student loans, but cries about the big government that allowed him to get educated. But wait, isn't he one of those 'career politicians' that the GOP loves to cry about? Remember them belittling Obabma because he was just a community organizer? Has Marco ever had a real job? Yet he's now the 'saviour' of the party? What hypocrites!

drakemallard
drakemallard topcommenter

Republican party railing on big government while cashing their federal paychecks and enjoying their government funded healthcare and never having to worry about their later years because of their government funded pensions. 

 †eabaggers: We don't need no $tinkin' facts!

SurewhateverUsay
SurewhateverUsay

Has anyone investigated whether it's true or not...that Rubio purchased his mother's home or maybe his mother in law's home with a duffle bag of cash from a tow truck company owner?

PeteLenovo
PeteLenovo

Marco Rubio like many conservatives want government for themselves only. They want to live a good life with government money while the population live in misery. For anybody interested, Surface Pro tablet is available. http://t.co/KTGux7Jw.

rosaleewells
rosaleewells

The GOP thinks he's the Great Brown Hope that will bring us Hispanics flocking to win them elections? Stick a fork in him. We've got JULIAN and JOAQUIN CASTRO!!!

daveinboca
daveinboca

Ha ha ha.   This freak Elfrink is your usual DNC hack who laps up the Media Matters BS & swallows it whole.   Nora O'Donnell, a far left winger said on CBS that she'd been to his home & it was far smaller than the normal Senators' mansions.  And I'm sure he doesn't fvck 17-year old Dominican girls like Bobby Menendez...!!!   Ha ha ha..

daveinboca
daveinboca

Ha ha ha.   This freak Elfrink is your usual DNC hack who laps up the Media Matters BS & swallows it whole.   Nora O'Donnell, a far left winger said on CBS that she'd been to his home & it was far smaller than the normal Senators' mansions.  And I'm sure he doesn't fvck 17-year old Dominican girls like Bobby Menendez...!!!   Ha ha ha..

daveinboca
daveinboca

Ha ha ha.   This freak Elfrink is your usual DNC hack who laps up the Media Matters BS & swallows it whole.   Nora O'Donnell, a far left winger said on CBS that she'd been to his home & it was far smaller than the normal Senators' mansions.  And I'm sure he doesn't fvck 17-year old Dominican girls like Bobby Menendez...!!!   Ha ha ha..

Seer
Seer

He was awful,dingy white hope of the Repuublicansand Latinos  ?He's a tool and will be found out. Even that runt Rand Paul looked more commanding in his rebuttal. 

n2nufrnds
n2nufrnds

All of us poor working (for a $178,000 salary plus benefits and retirement) people in America live in a Condo on the beach that is on the depressed Florida market for $675K !!!   Yeah, we know that!  The poor people are really just lazy, and their $7.25 an hour job with no benefits, well, that's their own fault for not owning a condo on the beach and having a job where you don't actually have to work much, just talk a lot, and get fully retirement, even if you only go to work 100 or so days a year for six years.

Dotz
Dotz

I'm not from Florida but enjoy reading your local perspective on Rubio.  What do you all think would be the biggest hurdle for Rubio to get the 2016 nod for President?  (in other words what skeleton may suddenly appear)  Thanks!

Anon_e_m00se
Anon_e_m00se

I just don't understand how he can be run as the GOP candidate in 2016. Between this, the FL GOP AMEX charges for himself and his wife (remember the "First lady of the Florida senate" comment?), and any unknown scandals sure to pop up he seems too much of a liability.

Harold Golen
Harold Golen

Marco Rubio swallowed the Republican Party's last bit of dignity after he took that sip of Poland water, during his speech last night...

sis22
sis22

I just found out that even THIS house in Miami is under foreclosure.

Scarlett Guerrero
Scarlett Guerrero

He. Didn't know what he was talking. Only crap crap and more crap

jgcamp99
jgcamp99

Just as I thought, this article is kicking around the real estate and banking fraud & abuse of the Bush era last decade. Let it go already it's 2013 and we've already bailed that out as taxpayers. And round 2 of it is what goes on today, the market never truly bottomed and we held that up with the bailouts and false floor of the real estate market crash. They propped it up and homes are still selling for a median of at least 2X what they were worth in 2001. That's criminal the way it was done. But price fixing seems to be an accepted practice here in S FL ?

HarryTheHandyman
HarryTheHandyman

You starry eyed Obama lovers are so cute when you bang away on your keyboards.  Yes, politicians are full of shit.  Welcome to the world.

Orlando De Frias
Orlando De Frias

Actually, James, Obama lives in the White House in Washington, D.C.

James G. Camp
James G. Camp

Seeing how home prices quadrupled in this area, $ 675K is a very modest home relatively. If bought in the later stages of the real estate and banking fraud & abuse under Bush (2005-ish), that house might not be worth more than $ 150-200K if it existed around in 2001 ? Granted a $ 200K home isn't small, but start getting towards $ 150K and the home still may not be anything special. It probably would be slumming for the Heat's big 3 players ? And we all know just how much more important it is to be able to put a round ball into a basketball hoop than it is to govern the nation ?

James Lauro
James Lauro

Notice the liberals never out Obama , who lives in a multi million dollar gated mansion in Chicago. Rubio got an equity loan, like the other million Floridians as banks tried to offer money who anybody that wanted it in 2005, they just wanted the fees.

Joey Funk Ceballos
Joey Funk Ceballos

The man had intense cottonmouth, he must have been smoking some good $#!+ if he thinks i'm voting for him.

Thomas M Devoe
Thomas M Devoe

No group of refugees had it easier than the Miami Cubans, called the Cuban relief act, and Rubio is one of them, complaining, whinning, about how tough they had it....by a Miami gringo!

Jim Cooper
Jim Cooper

He and bill nelson are both traitors and yet they keep on getting re-elected by ignorant sycopants! Repeal the 17th amendment!

Carlos Cnotez Rodriguez
Carlos Cnotez Rodriguez

Dont talk to much shit about your government or theyll come and "burn that whole fucking house down"...regardless of whos in there

Jim Cooper
Jim Cooper

Marco Rubio, like most in dc now, is a traitor to America, he and every member who signed on to the ndaa! If you don't understand unalienable rights you have no business in government! But you dumbasses keep voting for oathbreakers, whether it is because of party affiliation or any other superficial reason.

Bigdic
Bigdic

@Trish Shearer Was that a pussy kiss or a ass fart Toot's?

moalta
moalta

@Chauncey Copeland   A nice summary of Mr. Rubio.

Bigdic
Bigdic

@Jim Cooper Bill Nelson needs to have a half Nelson put on his horrible ass.

JuanLuv
JuanLuv

@Jim Cooper I've seen the light lol

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