Where would LeBron James live if he moved to Miami?

New York /
Jul.July 06, 2010 04:00 PM
LeBron James and 28 Harbor Point Drive in Key Biscayne, currently listed for $24.95 million

From the South Florida website: Since before midnight on July 1, rumors have been swirling about the
possibility of Cleveland Cavaliers superstar LeBron James jumping ship from Cleveland
to join Dwyane Wade with the Miami Heat. While Wade has played well
enough to change the county’s name to Miami-Wade County, it’s unlikely
LeBron would tolerate the commute from LeBroward County — so he’d have
to choose from the best homes and condos Miami has to offer. James has been seen looking at homes in New York
recently, and he would find no shortage in Miami. But one idea is to go
with the current trend — and do a superstar-sized bulk deal. “LeBron
is going to sign [an NBA contract] for about $17 million [the maximum
allowable under the NBA’s salary cap],” said Condo Vultures Realty
Founder Peter Zalewski. “You can afford about 25 percent of your income
towards annual payments, so theoretically he can afford $4 million a
year in a mortgage — not that he needs one. But if he were to spend a
full year’s salary toward buying a place, I’d recommend that he does a
bulk deal.” Click here for more.

 

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