By People Staff
Updated January 15, 1998 12:00 AM

Sylvester Stallone’s 24,000-sq.-ft., waterfront, Miami mansion and its three guest houses, after two years on the market, for an undisclosed amount (believed to be considerably less than the $24.7 million offer Stallone received — but had to refuse because of zoning laws — from a London-based hotel chain earlier this year).