LeBron James, 25 years old Miami Heat basketball star, just bought a Miami home, according to the grapevine. The beautiful house, located in the Coconut Grove area of Miami, has 6 bedrooms and 8 and 1/2 bathrooms, with more than 12,000 square feet of interior living space. The lot, just under 20,000 square feet, is a tad small for such a grandiose mansion, but the proximity of the property to American Airlines Arena, where the Miami Heat play their home games, may well have been a deciding factor in Mr. James’ decision to buy the home.
The 3-stories estate has water views from every room, and a 3rd floor master suite, which boasts a huge balcony overlooking Biscayne Bay. The Miami home, just completed in 2010, also has a concrete dock, suitable for two 60 feet yachts. Previously purchased in 2005, for $3,500,000, the property was razed, and a new home was built. The owner listed it in January of this year for $12,900,000, and reduced the price to $11,900,000, before James purchased it for $9,000,000.
