IggyPride00
Posts: 6,482
Jul 18, 2010 4:52am
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.
More pictures available at this link:
http://www.alexshay.com/listings/propertylistings.asp?propertyID=297
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
IggyPride00
Posts: 6,482
Jul 18, 2010 4:54am
IggyPride00
Posts: 6,482
Jul 18, 2010 4:56am
hoops23
Posts: 15,696
Jul 18, 2010 4:59am
LOL @ the SD television in the gym.. 50 mill for that? Psshh...
IggyPride00
Posts: 6,482
Jul 18, 2010 5:03am
I noticed that to. Clearly there hasn't been a major update since it was built in 2000.LOL @ the SD television in the gym.
I guess $50 million doesn't buy what it used to.
IggyPride00
Posts: 6,482
Jul 18, 2010 5:17am
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.
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.
S
sportswizuhrd
Posts: 3,215
Jul 18, 2010 8:20am
Not quite yet....
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.
http://www.miamicondoinvestments.com/2010/07/07/rumor-lebron-james-makes-offer-on-49-5m-gables-estates-home/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.
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.
wes_mantooth
Posts: 17,977
Jul 18, 2010 9:10am
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.
Ironman92
Posts: 49,363
Jul 18, 2010 9:14am
that bathroom is very similar to mine......I can see why you would need another 10.5 bathrooms
B
berry
Posts: 475
Jul 18, 2010 9:26am
Should probably lose those robes in the bathroom. Did Bob Byrd stay there?
thedynasty1998
Posts: 6,844
Jul 18, 2010 9:35am
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.
Fab4Runner
Posts: 6,196
Jul 18, 2010 10:52am
Eh...it's okay.
M
mallymal614
Posts: 3,746
Jul 18, 2010 10:52am
Must be nice to have that kind of money and have a mansion in two states.
J
June18
Posts: 298
Jul 18, 2010 5:17pm
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.
ts1227
Posts: 12,319
Jul 18, 2010 5:20pm
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.mallymal614;426452 wrote:Must be nice to have that kind of money and have a mansion in two states.
F
Footwedge
Posts: 9,265
Jul 18, 2010 6:28pm
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.
Scarlet_Fever
Posts: 736
Jul 19, 2010 7:04pm
The Block O on the ceiling in the kitchen is worth 50 mil alone.
CinciX12
Posts: 2,874
Jul 19, 2010 7:33pm
Wow. Thats impressive.
KnightRyder
Posts: 1,428
Jul 19, 2010 8:19pm
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
Commander of Awesome
Posts: 23,151
Jul 19, 2010 10:23pm
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.
G
gut
Posts: 15,058
Jul 19, 2010 11:19pm
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.
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Footwedge
Posts: 9,265
Jul 20, 2010 2:25am
Who's gonna fuckin clean this place? The German army?
lhslep134
Posts: 9,774
Jul 20, 2010 10:23am
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.
thedynasty1998
Posts: 6,844
Jul 20, 2010 10:43am
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.
Commander of Awesome
Posts: 23,151
Jul 20, 2010 12:40pm
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.