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“South Florida by the Numbers” is a web feature that catalogs some of the most remarkable, quirky and surprising real estate statistics.
Last season may not have been a “banner” year for your Miami Heat, but one missing 3-pointer in the NBA Finals is a pretty good one! , 2022 has seen many current and former players, team executives, and others associated with the franchise take and create many big real estate shots. From South Miami to Sunny Isles, some of basketball’s biggest names have boxed him out and won the competition, showing their vision and talent in multiple arenas. This edition of South Florida by the Numbers explores the impact of the Miami Heat on the market.
$7.4 million
The price Miami Heat forward Jimmy Butler paid in February for a six-bedroom, six-bathroom home in the Stonewood Gate community near Coral Gables and South Miami. (Her Lynley Ciorobea, a member of the Master Brokers Forum, represented the seller of this property.) [TheRealDeal]
5,500
The square foot of a Miami Beach home owned by former Miami Heat (and now Utah Jazz) center Hassan Whiteside went public for $23 million in April. That’s more than triple his purchase price in 2016. According to Zillow later.) The Surprise Lake property right off Biscayne Bay has a pool, boat dock, about 100 feet of water, 2-car garage, carport, and 6-car parking. . driveway. [TheRealDeal]
6
How many seasons Glenn Rice played for the Miami Heat from 1989 to 1995 and how many bedrooms in the Pons Davis house Rice purchased in 1997. As a result of her divorce, Christy Rice sold her nearly 6,000-square-foot home for $5.1 million in April (Rice represented herself in her transaction.) [TheRealDeal]
$5,775
Prices per square foot for Miami Heat president Pat Riley’s Four Seasons Residences at The Surf Club condos sold in May. The condo’s original owners, Riley and his wife, bought his 3,948-square-foot unit from the developer in 2018 for $8.1 million and sold it for $22.8 million. [TheRealDeal]
43rd place
Former Miami Heat (and now Los Angeles Lakers) superstar LeBron James recently bought a condo in the South Tower of The Estate at Acqualina in Sunny Isles Beach. James paid $9 million for the unit through a company he controls associated with the LeBron James Family Foundation based in Akron, Ohio. building is under construction. [TheRealDeal]
This column was produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals. Membership is by invitation only and is based on good work and ethical and professional conduct.
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