Press

Kevin Durant sells Miami penthouse for nearly double what he paid

1150x647-1 (1).jpg

Chalk up a win in the real estate column for Kevin Durant: The NBA star has sold his penthouse in Miami for $3.15 million -- $1.325 million more than what he paid for the unit in 2011.
The 3,793-square-foot residence, completed last year, features a modern vibe with designer finishes, a tiled wall fireplace, smart-home systems and a private elevator.

Among living spaces is a chef’s kitchen with a tiled backsplash, open-area formal rooms and a home theater, three bedrooms and 4.5 bathrooms. Walls of floor-to-ceiling glass and a large outdoor terrace take in expansive views of Biscayne Bay.
Durant, by way of a limited-liability company, acquired the property in 2011 for $1.825 million, records show. He had asked as much as $3.45 million for the property earlier this year.

This former NFL star's mansion has a $1-million swimming pool

Ben Moss of One Sotheby’s International Realty was the listing agent, according to the Multiple Listing Service. Michael Light of Miami Luxury Homes represented the buyer, a Colombian businessman who intends to lease out the residence for $22,000 a month, according to the Miami Herald.

Durant, six times an all-star and the NBA’s most valuable player in 2014, had his season cut short in March because of an ailing right foot. The 26-year-old averaged 25.4 points and 6.6 rebounds in 27 games this season.

 

READ ARTICLE