The Real Deal Miami

South Florida by the numbers: Sony Open edition

March 21, 2014 12:45PM
By Master Brokers Forum

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Sony Open in Key Biscayne

Sony Open in Key Biscayne

“South Florida by the numbers” is a web feature that catalogs the most notable, quirky and surprising real estate statistics. Since 1987, the Sony Open has brought the very best in tennis to Key Biscayne and shined an international spotlight on Miami. Along the way, the tournament has grown to become one of the sport’s most popular and highly-attended events, and many of its brightest stars have made South Florida their home. (Those who didn’t live here already, that is.) With the 2014 Sony Open underway this month, we proudly “serve” you this latest edition of South Florida by the numbers.

$380 million

Annual economic impact of the tournament, which draws more than 300,000 visitors and showcases Miami through a total of 11,000 hours of global television coverage in 193 countries and territories. [Miami Herald]

$2,238,120

Average home price in Key Biscayne, according to Realtor.com. By comparison, the average U.S. home price is $183,839. [Realtor.com]

$50 Million

Estimated cost of Crandon Park Tennis Center’s (site of the Sony Open) expansion plan, which was approved by Miami-Dade voters in 2012. [Miami Herald]

718

Total number of tennis courts in Greater Miami, according to TennisMaps.com, which uses Google Maps technology to locate and categorize tennis courts in the U.S. and Canada. [TennisMaps.com]

$7.4 million

Purchase price for former tennis pro Anna Kournikova’s Sunset Island house in 2012. (Kournikova purchased the home in 2000 for $5 million, and reportedly still resides in Miami with longtime boyfriend Enrique Iglesias.) [HuffPo]

$1.2 million

Current listing price for tennis legend (and racial equality icon) Arthur Ashe’s former home in Doral. Ashe sold the home in 1992, just three months before his untimely death. [Gossip Extra]

This column is produced by the Master Brokers Forum, a network of South Florida’s elite real estate professionals where membership is by invitation only and based on outstanding production, as well as ethical and professional behavior.

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