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


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.


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


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.”


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


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


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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