After eight years on and off the market, basketball renaissance man Scottie Pippen’s Ft. Lauderdale home is offered at a newly reduced purchase price—$10.9 million—and as a rental, too, at $40K/month.

The seven-time NBA All-Star first listed the home for sale in 2009, with an asking price of $16 million, and last spring dropped it to $11.5 million (or $12.5 million with a Van Dutch Yacht). The latest offering of the home as a rental should keep the taxes under control for the time being.

So, this is your opportunity to rent from Pip, and live in a spectacular waterfront modern Floridian. The three-story home is situated in the Harbor Beach community, extends to a rambling 13,500 feet, and contains six bedrooms and nine baths. It dates to 2004, and features Venetian and some Caribbean architectural elements in its design.

Overall, the home is much more interesting than many mega-mansions built in South Florida in the last couple of decades. It’s grandiose, yes, but it’s got some character. The exterior presents an atmospheric blend of limestone, stucco, lantern sconces, carved stone, Moorish arches, arcades, second-floor balconies, and clay tile.

The house boasts a long list of amenities, including a home theater, wine room, fitness room, and knockout kitchen, but makes its best impression with a variety of ornamental ceilings, and the lovely Caribbean isle-style terrace. A regulation court, and a gigantic lagoon-style pool with waterfalls and waterslide, dominates the double-lot property.

Scottie Pippen, a true hotshot of the court, had a long professional career with the Chicago Bulls, taking a little time out to join the 1992 U.S. Olympic Team. He has since worked for the Bulls as advisor and ambassador.