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Lebron Set to buy $50 Million Dollar Beach front Miami Mansion...Pics Inside

Home ▸ Archive ▸ Pro Sports ▸ Lebron Set to buy $50 Million Dollar Beach front Miami Mansion...Pics Inside
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jul 18, 2010 4:52 AM
http://www.lifeandstylemag.com/2010/07/lebron-interested-in-buying-50.html

Not surprisingly, Pat Riley used to own the house, and it was reportedly taken off the market just hours after the King made his "decision."

This thing is unreal, and when you contrast going home to this every day versus Akron my ass would be going to Coral Gables as well. I can only imagine what it must be like to live like this.

Here are the real estate description and some pictures I found on one of the newslinks. I read property taxes alone are supposedly $350,000 a year. That is more than most people's homes are worth.
One-of-A-Kind breathtaking 8BD/11BA open bay waterfront estate situated on the finest lot in gated exclusive Gables Estates!This 20,088 SF grandeur home has 800 ft on water & sits on 3.6 acres w/100 ft dock to accommodate 150ft yacht.Private Guest Suite w/lighted tennis ct & courtyard on its own acre.3 Suites w/full baths,Upstairs Master Suite w/full Gym,Billiard and Media room are just a few of the delights.Luitron lighting & 12 camera security system thru-out this estate!





More pictures available at this link:
http://www.alexshay.com/listings/propertylistings.asp?propertyID=297
Jul 18, 2010 4:52am
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jul 18, 2010 4:54 AM



Jul 18, 2010 4:54am
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jul 18, 2010 4:56 AM


Jul 18, 2010 4:56am
hoops23's avatar

hoops23

Senior Member

15,696 posts
Jul 18, 2010 4:59 AM
LOL @ the SD television in the gym.. 50 mill for that? Psshh...
Jul 18, 2010 4:59am
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jul 18, 2010 5:03 AM
LOL @ the SD television in the gym.
I noticed that to. Clearly there hasn't been a major update since it was built in 2000.

I guess $50 million doesn't buy what it used to.
Jul 18, 2010 5:03am
IggyPride00's avatar

IggyPride00

Senior Member

6,482 posts
Jul 18, 2010 5:17 AM
I was just looking through that real estate site just to see what other homes around Miami are like and noticed Shaq's Miami Beach house is listed as just sold for $16 million when he was asking $22.5 originally. Divorce is a bitch I guess.

It is truly stunning the amount of money some of these homes go for considering what it would cost to build a comparable structure up here in Ohio. Then again, you don't wake up on the ocean in warm weather every day so I guess that has just a little bit to do with the price disparity.
Jul 18, 2010 5:17am
S

sportswizuhrd

Senior Member

3,215 posts
Jul 18, 2010 8:20 AM
Not quite yet....
Rumors swirled earlier this afternoon that LeBron James had made an offer on a $40M waterfront home in Coral Gables. My sources tell me that the offer was made on a 20,862 square foot mansion located at 11 Casuarina Concourse in the Gables Estates neighborhood of Coral Gables. The 8 bedroom/11 bath/2 half bath palace sits on a 3.6 acre lot with 880 feet of water frontage and comes with a dock to accommodate a 150-foot yacht. The magnificent residence was previously listed for $49.5M before the listing expired on May 31, 2010. The home, which was purchased in July 1987 for 2,018,000, is currently owned by luxury auto dealer Alan Potamkin of Potamkin Auto Gallery.

Disclaimer: I verified earlier today that in fact no offer was made on the estate located at 11 Casuarina Concourse in Coral Gables.
http://www.miamicondoinvestments.com/2010/07/07/rumor-lebron-james-makes-offer-on-49-5m-gables-estates-home/

Assuming he does get the house, how long will it take for Delonte and Gloria to bump uglies in every room? 11.5 bathrooms and 8 bedrooms.....I give it 2 weeks.
Jul 18, 2010 8:20am
wes_mantooth's avatar

wes_mantooth

Tomfoolery & shenanigans

17,977 posts
Jul 18, 2010 9:10 AM
sportswizuhrd;426397 wrote:Not quite yet....



http://www.miamicondoinvestments.com/2010/07/07/rumor-lebron-james-makes-offer-on-49-5m-gables-estates-home/

Assuming he does get the house, how long will it take for Delonte and Gloria to bump uglies in every room? 11.5 bathrooms and 8 bedrooms.....I give it 2 weeks.

False. She will bang one teammate per bathroom. It will be done in one night. That Gloria is a go getta.
Jul 18, 2010 9:10am
Ironman92's avatar

Ironman92

Administrator

49,363 posts
Jul 18, 2010 9:14 AM
that bathroom is very similar to mine......I can see why you would need another 10.5 bathrooms
Jul 18, 2010 9:14am
B

berry

Senior Member

475 posts
Jul 18, 2010 9:26 AM
Should probably lose those robes in the bathroom. Did Bob Byrd stay there?
Jul 18, 2010 9:26am
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Jul 18, 2010 9:35 AM
IggyPride00;426388 wrote:Then again, you don't wake up on the ocean in warm weather every day so I guess that has just a little bit to do with the price disparity.

Location, location, location.
Jul 18, 2010 9:35am
Fab4Runner's avatar

Fab4Runner

Tits McGee

6,196 posts
Jul 18, 2010 10:52 AM
Eh...it's okay.
Jul 18, 2010 10:52am
M

mallymal614

Senior Member

3,746 posts
Jul 18, 2010 10:52 AM
Must be nice to have that kind of money and have a mansion in two states.
Jul 18, 2010 10:52am
J

June18

Senior Member

298 posts
Jul 18, 2010 5:17 PM
So...it's listed at 49.5 mil. Assuming that it sells for that and the realtor gets 6% commision, the realtor will make 2.78 mil on that transaction alone. Not a bad day at the office.
Jul 18, 2010 5:17pm
ts1227's avatar

ts1227

Senior Member

12,319 posts
Jul 18, 2010 5:20 PM
mallymal614;426452 wrote:Must be nice to have that kind of money and have a mansion in two states.
The fact that his first mansion is in a part of the country where property values are well down in the shitter helps with that.
Jul 18, 2010 5:20pm
F

Footwedge

Senior Member

9,265 posts
Jul 18, 2010 6:28 PM
50 million? Florida real estate could lose 2/3 of it's value just like that. The economy completely implodes, the NBA goes broke and LBJ declares bankruptcy.
Jul 18, 2010 6:28pm
Scarlet_Fever's avatar

Scarlet_Fever

Senior Member

736 posts
Jul 19, 2010 7:04 PM
The Block O on the ceiling in the kitchen is worth 50 mil alone.
Jul 19, 2010 7:04pm
CinciX12's avatar

CinciX12

Senior Member

2,874 posts
Jul 19, 2010 7:33 PM
Wow. Thats impressive.
Jul 19, 2010 7:33pm
KnightRyder's avatar

KnightRyder

Senior Member

1,428 posts
Jul 19, 2010 8:19 PM
Ironman92;426426 wrote:that bathroom is very similar to mine......I can see why you would need another 10.5 bathrooms

maybe that way he doesnt have to go far to see his image go down the shitter
Jul 19, 2010 8:19pm
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
Jul 19, 2010 10:23 PM
hoops23;426385 wrote:LOL @ the SD television in the gym.. 50 mill for that? Psshh...

Lol. Might as well work out at the local Y.
Jul 19, 2010 10:23pm
G

gut

Senior Member

15,058 posts
Jul 19, 2010 11:19 PM
Not bad digs....Funny thing is, I've seen research that no matter how large the house, most people spend 90% of their time in like just 3 rooms. You could have some good parties there, though.
Jul 19, 2010 11:19pm
F

Footwedge

Senior Member

9,265 posts
Jul 20, 2010 2:25 AM
Who's gonna fuckin clean this place? The German army?
Jul 20, 2010 2:25am
lhslep134's avatar

lhslep134

why so serious?

9,774 posts
Jul 20, 2010 10:23 AM
gut;427624 wrote:Not bad digs....Funny thing is, I've seen research that no matter how large the house, most people spend 90% of their time in like just 3 rooms. You could have some good parties there, though.

I feel the same way.

I don't want the biggest house when I'm older, I want four kickass rooms...bedroom, lounge, basement/gameroom and kitchen. Anything else is irrelevant to me.
Jul 20, 2010 10:23am
thedynasty1998's avatar

thedynasty1998

Senior Member

6,844 posts
Jul 20, 2010 10:43 AM
lhslep134;427803 wrote:I feel the same way.

I don't want the biggest house when I'm older, I want four kickass rooms...bedroom, lounge, basement/gameroom and kitchen. Anything else is irrelevant to me.

Although I agree with you, it's a little different when you have $500 million laying around. Plus, real estate is an investment so maybe it appreciates.
Jul 20, 2010 10:43am
Commander of Awesome's avatar

Commander of Awesome

Senior Pwner

23,151 posts
Jul 20, 2010 12:40 PM
Bigger homes are harder to sell, esp in this current market. The taxes alone on that beast I doubt he makes any money if he sells it after everything is considered. Its more of an ego thing, plus he can afford it. Does seem a bit silly when you figure he's traveling half the year anyway.
Jul 20, 2010 12:40pm