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Amar’e Stoudemire Sells W South Beach Penthouse for $5.2M

August 12, 2011 by Lucas Lechuga

Amar'e Stoudemire New York Knicks

NBA superstar Amar’e Stoudemire has officially sold his W South Beach penthouse.  The transaction closed earlier today and reportedly sold for $5.2M.  The sales price represents a 20 percent discount off the $6.5M asking price established this past April.  Stoudemire purchased the property directly from the W South Beach developer in July 2009 for $5,575,000.  The 2 bedroom/2.5 bath duplex penthouse has 2,428 square feet of interior and an amazing 2,816 square feet of exterior space, including a private rooftop plunge pool and summer kitchen.

W South Beach penthouse 2201

Click for more pictures of Stoudemire’s former W South Beach penthouse

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8 Comments on "Amar’e Stoudemire Sells W South Beach Penthouse for $5.2M"

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Gixxer1000
Anonymous
DJ
Anonymous

Alright guys I admit it was me. I needed a weekend pad to watch games and whatnot. Figured this place should do.

imo
Anonymous

gixxer, i don’t like that one bayfront plaza will completely block the iconic Bank of america building and its colorful illumination as seen from miami beach.

Gixxer1000
Anonymous

Miami tower is back from the bay and will eventually be blocked by something. Better it be a super tall iconic building.

Joe
Anonymous

Lucas is now tailoring this blog to the 0.0001% of the people in the world who have $5 million sitting around for purposes of r.e. “investment.”

jcrimes76
Anonymous

what happened to this site? the posts are definitely weak (sorry Lucas).

SouthBeacher
Anonymous

and less frequent. should be something new every 2 days or so. weeks go by without anything new posted.

Wuls
Anonymous

But what a bad investment. Down nearly 10% in two years when Miami Beach is meant to have stabilised (certainly inventories are been bought by ‘investors’). Add to that 2 years worth of taxes and running costs and it’s probably cost nearly 20%.

Not exactly a good investment. Even if the condo looks very nice.

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