Miami Heat’s Tyler Herro Lists Pinecrest Mansion

Tyler Herro Pinecrest Listing
Tyler Herro Pinecrest Listing

Miami Heat guard Tyler Herro seems to be making headlines both on and off the court this offseason. With the recent listing of his luxurious 8-bedroom, 9-bathroom Pinecrest mansion for $12.2 million, trade rumors surrounding the young star have reached a fever pitch.

The luxurious mansion, spanning 9,505 square feet, showcases its grandeur and elegance to potential buyers. Initially listed for $13 million in late April, shortly after the Miami Heat’s disappointing loss to the Boston Celtics in Game 1 of the Eastern Conference first round, the price was later reduced to $12.2 million, possibly reflecting strategic considerations or market dynamics.

This lavish estate boasts an array of amenities, including an outdoor kitchen and a “resort-style” pool, creating an ideal setting for relaxation and entertainment. Additionally, the home features an elevator, wine cellar, state-of-the-art kitchen, media room, summer kitchen, and cabana, embodying luxury and sophistication at every turn. Tyler Herro acquired this modern mansion in December 2022 for $10.5 million, setting a record for the highest sale in Pinecrest at the time of purchase.

Interestingly, Herro’s decision to list his mansion comes on the heels of his four-year, $120 million contract extension with the Miami Heat, signed just two months prior. With an additional $10 million in incentives, Herro’s lucrative deal underscores his value and potential in the NBA, further accentuating the significance of his mansion listing in the context of ongoing trade discussions and personal considerations.

Jeff Bezos Takes on the Magic City: Inside the Billionaire’s Move to Miami

Jeff Bezos Buys Indian Creek Island Mansion
Jeff Bezos Moves to Miami

Jeff Bezos, the trailblazing founder of Amazon and a pivotal figure in the e-commerce revolution, has announced a significant personal transition, opting to relocate to Miami, a city with deep familial ties. This move marks a return to his roots, as Bezos is an alumnus of Miami Palmetto High (’82) and has expressed a desire to be closer to his parents, who have recently moved back to the area.

Bezos’s decision also aligns with strategic shifts in his professional endeavors, particularly the increasing focus of his aerospace company, Blue Origin, on operations in Cape Canaveral. His investment in Miami real estate is substantial, with recent acquisitions on Indian Creek Island totaling over $140 million, signaling a long-term commitment to the region.

This relocation is not just a personal homecoming but also a strategic positioning within a burgeoning hub of tech and finance. Miami has recently welcomed a wave of tech industry leaders and financial magnates, including Paypal’s Peter Thiel and Citadel’s Ken Griffin, enhancing its reputation as a nexus for innovation and wealth.

For Bezos, whose net worth is estimated at $161 billion, making him the nation’s second-wealthiest individual, this move is a blend of personal nostalgia and forward-looking business strategy. His journey from a Cuban immigrant family to the pinnacle of global business underscores a remarkable American narrative of ambition and achievement.

As Bezos transitions to his new Miami base, he brings with him not only his business acumen but also a history of transformative ideas, from his early musings on space colonies to his tangible steps toward space travel with Blue Origin. His move is a testament to Miami’s allure and its rising status as a haven for the world’s elite in technology and finance.

For hedge fund managers and investors, Bezos’s relocation is a signal of Miami’s increasing importance as a financial and cultural hotspot, worthy of attention for both personal and professional considerations.

Miami Heat Victor Oladipo Just Sold his Miami Beach Property for $7.8 Million

Dwayne Wade and Victor Oladipo
Dwayne Wade and Victor Oladipo
Victor Oladipo Pictured with Dwayne Wade

All-Star NBA player Victor Oladipo, recently sold his Miami Beach property. According to records, Oladipo sold the non-waterfront mansion at 65 South Hibiscus Drive for $9 million, two years after purchasing it for a then-record $7.8 million.

In 2021, Oladipo had just become a member of the Miami Heat and had just purchased the 6,500-square-foot house. According to records, the house was built in 2020 and has seven bedrooms, seven bathrooms, and one half-bathroom. It covers 0.3 acres, which according to Hogan is unusual for Hibiscus Island. According to Hogan, the house contains a pool, two master bedrooms, and a separate guest house.

Oladipo paid a sum that, at the time, set a Miami Beach non-waterfront home record, but that record was quickly broken when the area’s housing market experienced a price increase due to increasing demand. When a Sunset Islands home sold for $12.5 million in 2022, it set the record for the most money ever paid for a non-waterfront residence in Miami Beach.

According to Hogan, the most recent sale sets a Hibiscus Island price record for non-waterfront properties. According to Redfin, Oladipo listed the home in June for $10 million.

Throughout his 10-year NBA career, the two-time All-Star has sustained numerous injuries. He was transferred from the Heat to the Thunder in July, however, there is some talk that he might be moved again, according to Hogan. According to the Bleacher Report, Oladipo filed a lawsuit against his longtime manager, James Henderson, in June, accusing him of stealing $1.3 million from Oladipo and investing it in a condo and a nightclub.

Hogan stated that Oladipo wants to keep a “home base” in the Miami area and wants a bigger yard for his daughter even though his basketball future is uncertain. According to Hogan, they have been looking at homes in Pinecrest, a well-known inland hub for NBA players, as well as Weston, Davie, Southwest Ranches, and Pinecrest.

Earlier last month, Jason Richardson, a retired NBA star, paid $6.3 million for a house close to Olympia Heights. Jimmy Butler, a member of the Miami Heat, purchased a South Miami house for $7.4 million in February of last year.

Gisele Bündchen Buys Southwest Ranches Estate

Gisele Bündchen Buys Southwest Ranches Estate
Gisele Bündchen Buys Southwest Ranches Estate

For $9.1 million, supermodel Gisele Bündchen just bought a magnificent house in Southwest Ranches. The 7.5-acre property has a guest apartment, a 9-bed, 9-bath residence with 5,183 square feet, and state-of-the-art equestrian facilities.

With a fireplace and a floating glass staircase, the home’s open-concept living area is exquisite. The master bedroom on the first level has a great walk-in closet, a separate sitting area, and a private bathroom.

The gourmet kitchen has a built-in bar, a large island with breakfast bar, integrated refrigerator and oven, and Italian Calacatta quartz worktops.

Beautiful lighting, complex pergolas, and an infinity pool with a hot tub with fountain water elements can all be found outside. There are also tennis courts, a soccer field, an infinity pool, 10 spacious horse stalls, and an outdoor kitchen with a hibachi grill, pizza oven, BBQ, and wine fridge.

In February 2022, Gisele Bündchen paid $1.25 million for a modest three-bedroom, three-bathroom home in Surfside, a community between Bal Harbour and Miami Beach.

This residence appears to be smaller among those Bündchen formerly occupied with her soon-to-be ex-husband, at only 1,540 square feet. It is still unclear whether she plans to remodel the interior of the home.

The Art Deco-style cottage, which is only a few blocks from the beach, has white walls and hardwood flooring in all of its common areas. Stainless steel appliances, white cabinets, and a marble waterfall island are all featured in an open-concept kitchen that flows into the living room with ample space for entertainment and comfort.

Two large windows line the modest primary bedroom. The main bathroom has white brick walls and farmhouse-style hardware in a rich gold color, as well as a glass-enclosed stand-alone shower. The little backyard is home to a grassy lawn and a small tiered patio.

Joe Jonas and Sophie Turner Sell their Waterfront Mansion at Bay Point for $15 Million

Joe Jonas and Sophie Turner List Bay Point Mansion
Joe Jonas and Sophie Turner Sells Bay Point Mansion

The home of actress Sophie Turner and singer Joe Jonas in Miami’s exclusive Bay Point area recently sold for $15 million. After buying the house in 2021 for $11 million, the famous couple recruited interior designer Sarah Ivory to renovate it. The home was originally listed for $16.995 million in November of last year.

The Frank Lloyd Wright-inspired waterfront architectural marvel, which is situated in the ultra-exclusive guard-gated neighborhood of Bay Point, was first constructed in the 1980s and measures 10,414 square feet on a 15,599-square-foot lot. The mansion, which has six bedrooms and nine bathrooms, has 30-foot ceilings, stone walls, and a tropical entry lobby with a floating staircase.

It has an antique Murano Venetian glass chandelier and a two-sided travertine fireplace. The dining area features hand-painted de Gournay wallpaper and another Murano glass chandelier.

The home also contains a wine room, a sauna, a gym, and a pool room with a two-story library space above it. A 94-foot private dock with direct access to the bay and ocean, a chef’s kitchen, a covert staff entry, a state-of-the-art spa, an outdoor kitchen, a dual-sided full-service bar for indoor/outdoor serving, a separate kiddie pool, and more can be found outdoors.

Ivory stated that the exterior of the house had been freshly painted, the landscaping had been updated, and lighting had been installed on the trees.

Among the famous people who have moved to Bay Point are pop artist Enrique Iglesias and his partner, former tennis champion Anna Kournikova.

Cher’s Former Miami Beach Mansion Hits the Market

Cher's Former Miami Beach Residence Hits the Market
Cher's Former Miami Beach Residence Hits the Market

What was once the iconic pop star, Cher’s, former Miami Beach residence, is now on the market at $42.5 million. Located at 46 La Gorce Circle, this waterfront mansion is currently owned by Canadian investor James Eaton and his wife, Cecily. Only three years ago, the couple paid $17 million for the house.

Cher originally bought the estate in 1993 for $1.5 million to use as her private residence, but she only lived there for three years before selling it to Calvin Klein co-founder Barry Schwartz for $4.4 million.

The estate offers 150 feet of Biscayne Bay frontage and sits on three-quarters of an acre. Built in 1953, the home offers six bedrooms, six full bathrooms, and an indoor courtyard expanding over 12,000 square feet. The exterior space includes a 50-foot-long pool, a pool house, a hot tub, a cold plunge, and an outdoor shower.

The 77-year-old pop sensation Cher is best known for her work on hit songs like “Believe” and “If I Could Turn Back Time,” as well as for her roles in films like “Moonstruck” and as one-half of the well-known combo Sonny & Cher. Although her activity in the entertainment industry has decreased, she just introduced a gelato line.

Cher is in the process of selling some of her other real estate investments. She recently put her Malibu home—which she has owned since before her stint at La Gorce Island—on the market for $85 million last year. She paid $3 million for the site in 1989 and then built the 13,000-square-foot mansion on it, slashing the price this year to $75 million.

Rick Ross is Moving to Star Island in Miami Beach

Rick Ross Buys Star Island Waterfront Mansion
Rick Ross Buys Star Island Waterfront Mansion

Rick Ross, the Grammy-nominated rapper and record executive is buying the 12,400-square-foot home located at 37 Star Island Drive, Miami Beach. For $37.5 million, the 0.9-acre property first appeared on the market in May 2023.

On his Instagram story, Ross made a post about the sale with Sean ‘P Diddy Combs who is a Star Island resident. Combs said that the Star Island homeowners group had just given Ross their approval. Combs also gifted Ross a golf cart stating, “You can walk around Star Island, but it’s better to drive.”

Ross, a resident of Miami Gardens whose real name is William Leonard Roberts II, established the music publishing company Maybach Music Group in 2009. He was raised in Carol City and went to Miami Carol City Senior High School.

37 Star Lane includes six bedrooms, eight full bathrooms, and one-half bathroom with a 40-foot dock, a wide covered patio, a pool, a summer kitchen, and a Japanese Zen garden in addition to 100 feet of Biscayne Bay waterfront. The home was constructed in 1992.

Star Island is located off the MacArthur Causeway, which connects the Miami mainland to Miami Beach, with roughly 30 residences. Several island owners have sold their homes in the last three years as the luxury market grew following the start of the pandemic.

The island itself is man-made located along Biscayne Bay. Star Island is one of the most coveted and exclusive islands in South Florida. Star Island is within close proximity to Hibiscus Island, the Venetian Islands, and Palm Island. Each waterfront lot offers at least 40,000 square feet of unobstructed water views and frontage.

Star Island can be accessed through one bridge with a guardhouse entrance. A large number of celebrities live or have owned on Star Island. Some notables include Gloria Estefan, P. Diddy, Lea Black from the Real Housewives of Miami, and Jennifer Lopez.

Shakira is On the Move to Miami

Shakira Moves to Miami
Shakira Moves to Miami

Shakira has recently relocated to Miami with her children after leaving Barcelona, the hometown of her ex-boyfriend, Gerard Piqué.

The Colombian singer, who lived in Barcelona for eight years, explained in a farewell Instagram post that she was leaving following her breakup with Pique, 36, so she could begin “a new chapter.”

Shakira and Piqué first became acquainted while working on the music video for her song “Waka Waka (This Time for Africa),” which served as the FIFA World Cup 2010’s anthem. In March 2011, the pair announced their relationship for the first time. Last June, they made their breakup public.

Piqué, who was born in Barcelona, had a fruitful career with FC Barcelona, the illustrious team representing the city. Before the defender announced his retirement from the game in November 2022, his teams won eight La Liga championships and three Champions League trophies.

With the recent news of her departure, Shakira has been seen looking at homes across Miami and plans to spend up to $50 million for a mega-mansion.

Pictures of the glam pop diva and her brother visiting more than six potential properties in Florida’s wealthy neighborhoods were captured.

The 46-year-old is apparently renting a $15 million waterfront mansion while searching for a larger place to settle down with her kids Milan and Sasha, ages ten and eight.

Exclusive: Tom Brady and Gisele Bündchen’s Indian Creek Waterfront Mansion Construction Update

Tom Brady and Gisele Bundchen

Tom Brady and Gisele Bundchen

 

After 13 years of marriage, Tom Brady and Gisele Bündchen announced on Oct. 28 2022 that they officially divorced putting a pause on construction of their 5,000+ square foot teardown located on Indian Creek.

 
 
 
 
 
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A post shared by Miami Condo Investments (@miamicondoinvestments)

The Billionaire Bunker residence on Indian Creek Island was originally purchased by the couple in 2020, but their divorce was only finalized in late 2022. The estate, which sits atop a plot of land in the “world’s most exclusive municipality,” is arguably the most noteworthy of Tom Brady’s residences. It is one of just 34 properties with waterfront views of Biscayne Bay that are offered across 300 acres in South Florida’s Atlantic region.

The house was one of the nicest in the world, and Tom and Gisele were planning to live there forever with their kids, Benjamin Rein and Vivian Lake Brady. Although they are no longer together, the Tampa Bay Buccaneers quarterback has reportedly continued to develop and refurbish the property, according to The Daily Mail(opens in new tab).

Aerial images recently obtained by the British publication reveal that “production has advanced dramatically” since its initial inspection of the house in September 2022. To begin with, Tom and Gisele demolished a 5,772-square-foot house with the intention of building a contemporary, eco-friendly mansion on the property.

Gisele, a Goodwill Ambassador for the United Nations Environmental Program since 2009, knew she had to build an eco-friendly home.

Together with solar panels, an organic garden, a yoga deck, a cabana, and a sizable outdoor kitchen, the new estate will also contain these features.

Gisele Bündchen bought a lavish Florida home that is situated directly across the water from Tom’s mansion as he continues to develop. She also covertly paid $1.3 million for a cottage in Florida, which she began to remodel last year. Billionaires Bunker is close to her new residence (likely convenient for co-parenting with her former husband).

Ivanka Trump, Jared Kushner, and billionaire businessman Carl Icahn are some of the other noteworthy residents. Whenever building is finished, Tom Brady will live next to Icahn.

Hip Hop Legend Lil Wayne Sells Waterfront Miami Mansion on Allison Island

Lil Wayne Sells Miami Mansion
Lil Wayne Sells Miami Mansion

Five-time Grammy award-winner and hip-hop legend, Lil Wayne, recently sold his Miami mansion after listing the property last year for $29.5 million. Weezy sold the waterfront property on Allison Island for a price pending after a recent $1.5 million price reduction to $28 million.

The 23,760-square-foot house, which was created by the architecture company Choeff Levy Fischman, has 110 feet of water frontage, a private dock, a pool, and an outdoor kitchen. It is located on the border of Biscayne Bay. Despite being a brand-new construction, Wayne upgraded the seven-bedroom, nine-bathroom mansion.

There is also an elevator, a movie theater, a wine cellar, two family rooms, staff quarters, a chef’s kitchen, and a butler’s kitchen inside the 10,300-square-foot, two-level residence. Almost every room has floor-to-ceiling sliding doors that let in the beautiful Miami weather. The chef’s kitchen and one of the family rooms also lead to a lush, green indoor courtyard.

The expansive main suite is stunning at 2,500 square feet. There is a huge sitting area, a walk-in closet in the form of a boutique, two bathrooms, and a huge terrace that views the backyard.

Weezy originally purchased the property in 2018 for $16.8 million.

The stunning Allison island is situated in the Indian Creek canal in the La Gorce neighborhood and is regarded as a component of North Beach, a larger area of Miami. 63rd Road divides the 8.5-acre island into a North Island and a South Island.

Condos and townhomes can be found on the southern Island, also called Aqua, while only waterfront mansions with several enormous lots and ultra-modern architecture can be found on the northern Island. This neighborhood’s great demand is in part due to the fact that every single home on the Island has immediate water access to Biscayne Bay.