search

The Real Deal Logo

Trending

Arbor modifies $1.9B in loans as delinquencies keep risingArbor modifies $1.9B in loans as delinquencies keep risingFriend or foe? Here’s what the new tax break means for office-to-resi conversionsFriend or foe? Here’s what the new tax break means for office-to-resi conversionsBrickell office slump? Nearly 3M sf planned, zero preleasedBrickell office slump? Nearly 3M sf planned, zero preleasedWhole new world: How NYC values 421a, 485x sites nowWhole new world: How NYC values 421a, 485x sites now
Residential
South Florida

Ex-Miami Marlins general manager Kim Ng sells Coconut Grove home

Ng and her husband, Silas winemaker Tony Markward, sold it for 40% more than their purchase price in 2021

MLB’s Kim Ng Sells Home in Miami’s Coconut Grove
Kim Ng and Tony Markward with the home at 3901 Kumquat Avenue in Coconut Grove (Google Maps, Getty, Silas Wines)

Former Miami Marlins’ general manager Kim Ng scored a home run with the sale of her Coconut Grove home. 

Ng, the first woman general manager for a men’s team across the four major North American sports, and her husband, Silas Wines owner Tony Markward, sold their house at 3901 Kumquat Avenue, according to property records and the Multiple Listing Service. 

Ng was also the first Asian American general manager in Major League Baseball history when she was hired by the Marlins in November 2020. She resigned in October of last year, in part because the Marlins wanted to hire a president of baseball operations above her, according to ESPN. 

Ng and Markward sold the 3,400-square-foot Coconut Grove house for its asking price of $4.5 million, 40 percent more than their purchase price in 2021. The deed naming the buyer has not yet been recorded. The sellers renovated the home, including a new kitchen and flooring, according to the listing. 

Sign Up for the undefined Newsletter

They paid $3.2 million for the four-bedroom, four-and-a-half home the same year it was completed. It sits on a quarter-acre lot. 

Gina Gardner of Engel & Völkers brought the buyer. Monica Betancourt of Berkshire Hathaway HomeServices EWM Realty represented the sellers, according to Realtor.com. Betancourt also represented the couple when they bought the house three years ago. 

Ng isn’t the only sports celebrity to own a home in Coconut Grove. 

Late last year, NBA All-Star Kevin Love, a power forward for the Miami Heat, and his wife, Kate, paid $9.5 million for a spec home just northeast of Main Highway. 
Los Angeles Laker and ex-Miami Heat star player LeBron James’ former Coconut Grove mansion recently re-traded for $18.5 million.

Read more

Tags
Celebrity Real EstateCoconut GroveHome SalesMiamiMiami MarlinsMiami-Dade CountyMLB