Magnificent Miami Estate Once Owned by LeBron James, Complete with Dual Yacht Docks, Fetches $12.75M

LeBron James’ former residence in Miami, where the NBA icon resided during his tenure with the Heat from 2010 to 2014, has recently been sold for $12.75M.

Back in 2010, shortly after joining the Heat, the four-time NBA champion acquired the property for $9 million. He later sold it for $13.4M in 2015 upon his return to the Cleveland Cavaliers, although public records indicate that he initially listed it for $17M.

Situated within a convenient distance of less than five miles from the American Airlines Arena, where the Heat basketball games take place, this modern estate is set on a half-acre expanse that boasts captivating views of Biscayne Bay. Reflecting its coastal location, the property features a pool with an attached swim-up bar and a solid dock with the capacity to accommodate two yachts measuring up to 60 feet in length.

Comprising of two distinct structures, the property includes an elegant three-story main residence and a guesthouse with a single bedroom. Spanning over 12,000 square feet, the primary dwelling comprises five bedrooms and 7½ bathrooms.

The ground floor encompasses a living space, gym, and recreational room, while the second level introduces a high-end kitchen, bespoke theater, wine cellar, office, and a living room complete with a wet bar. On the uppermost floor, the master suite boasts a balcony that leads to a rooftop deck.

Renowned as one of the greatest basketball players in history, LeBron James came second in the MVP race last year, marking his 17th season in the league. Having clinched four NBA championships and MVP titles, he steered the Miami Heat and Cleveland Cavaliers to victory prior to joining the Lakers in 2018, a move that culminated in securing another championship in 2020.

At 36 years old, James has been notably active in the real estate arena since his Miami property sale. He invested in two residences in the Brentwood area, making purchases at $21M and $23M respectively. Notably, he also acquired a Mediterranean-style compound in the Beverly Hills Post Office vicinity for a substantial $36.75M last year.

The listing for the property was managed by Lino Morejon from Mayfair Real Estate Advisors.