A South Beach penthouse once owned by two-time Super Bowl champion Jeremy Shockey has just hit the market—but not in the way you might expect. Located at The Waverly at South Beach, Penthouse 01 is asking $2,599,000. What’s surprising is that the unit is being sold completely “raw”—stripped down to the studs, offering a blank canvas for a buyer with vision. While most penthouse listings in Miami Beach come move-in ready or with designer finishes, this one presents a rare opportunity to build out a fully customized residence from scratch. With sweeping 270-degree views spanning from South Pointe to North Miami Beach and 2,582 interior square feet, the potential is undeniable.
The penthouse includes three bedrooms, three bathrooms, two assigned garage parking spaces, and sits atop a full-service bayfront building offering amenities such as a swimming pool, tennis court, volleyball court, fitness center, business center, and more. At $1,007 per square foot, the price point seems fair for a top-floor unit in a waterfront building with unobstructed views—especially considering the current owner purchased the penthouse from Jeremy Shockey in 2018 for $2.4 million. The new listing price suggests that the seller will likely walk away with a loss, especially after accounting for demolition costs, taxes, and commissions—which is surprising given how much South Beach real estate skyrocketed between 2021 and 2023.
Jeremy Shockey, known for his standout NFL career as a tight end with the New York Giants and New Orleans Saints, won two Super Bowl championships and was selected to four Pro Bowls. During his time at the University of Miami, Shockey made headlines not only for his dominance on the field but also for his high-profile lifestyle. The fact that this penthouse is still making waves years after he sold it speaks volumes about his legacy.
For the right buyer—likely someone seeking to design a one-of-a-kind Miami Beach residence—the raw state of this penthouse is a major selling point, not a drawback. Whether it’s a Miami-based end user or an investor looking to create and flip a bespoke product, the listing is sure to attract attention—not just for its views and square footage, but for its connection to a Super Bowl champion and the rare opportunity it presents in today’s luxury market.
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