For $22 million, Dwyane Wade sold his Miami Beach home that featured a basketball court decorated in Miami Heat colors.
Wade is involved in real estate, as is his wife, Gabrielle Union. They paid $17.9 million for a 17,000 square foot showplace in Hidden Hills last year before selling their Sherman Oaks property for $5.5 million in May.
The $32.5 million asking price for the beachfront property was less than the $22 million deal, but it is still more than double the $10.645 million he paid in 2010.
The land was turned into a 12,000 square foot estate with a wine cellar, cinema, pool, cabana, and private dock by the three-time NBA champion.
The two-story Mediterranean mansion has rustic interiors with vaulted ceilings and wooden floors, a large covered entryway, a verdant courtyard, and two stories. There are bay-facing windows on both levels.
The estate contains a master suite with a balcony and salon, six bedrooms, and ten bathrooms. Wade spent the majority of his NBA career in Miami, therefore the backyard beachfront features a basketball court painted red and black, a playground, and a spiral staircase.
In 16 NBA seasons, Wade, 39, was selected to 13 All-Star teams. With the Miami Heat, he won three NBA championships and the 2009 scoring championship. He bought a Utah Jazz stake this year after retiring in 2019.
Douglas Elliman’s Brett Harris conducted the negotiations.