Former NFL player sells South Beach pad for $4.9M

Miami /
Apr.April 11, 2016 06:15 PM

Talk about a touchdown of a sale.

Chad Scott, a former cornerback for the Pittsburgh Steelers, just sold his flashy pad in South Beach’s Murano at Portofino complex for $4.9 million — more than double what he paid for it 14 years ago.

County records show Scott bought his three-bedroom, three-bathroom home in the South Beach complex for $2.095 million, or about $622 per square foot, in 2003.

Measuring 3,365 square feet, the unit features modern finishes, 270-degree views of downtown Miami and the bay, plus floor-to-ceiling balcony windows.

Scott transferred ownership of the unit to a trust in 2009, and was hit by a foreclosure suit from Bank of America in May 2015 over his $857,500 mortgage. A judge granted a dismissal of that suit in March, according to county records.

Scott, who ended his career as a free agent for the New England Patriots in 2007 after suffering a knee injury, has now sold his unit for $1,456 per square foot.

Dina Goldentayer and Sladja Stantic, the ONE Sotheby’s agents who recently sold out the four-unit 350 Meridian project in South Beach, represented the buyer of Scott’s condo. The sale has not yet cleared public records, so the buyer’s identity is unknown.

“The buyer had his eye on the Murano 01 line for quite some time and this deal couldn’t be passed up,” Goldentayer said in a statement to TRD, adding that the new owner will complete a gut renovation of the unit.


Related Articles

arrow_forward_ios
Daisy Chaplin and Charles Prince with the property at 6000 North Bay Road (Getty, Google Maps)
Late Broadway legend Harold Prince’s children settle dispute over family’s North Bay Road mansion
Late Broadway legend Harold Prince’s children settle dispute over family’s North Bay Road mansion
Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
Happiness begins in Miami: Joe Jonas, Sophie Turner buy Bay Point mansion
Scottie Pippen and the Fort Lauderdale house (Getty, Compass)
Slam dunk: Scottie Pippen sells waterfront Fort Lauderdale mansion for nearly $11M
Slam dunk: Scottie Pippen sells waterfront Fort Lauderdale mansion for nearly $11M
Ex-Miami Dolphins defensive end Andre Branch with the $6 million property (Getty, The Jills Zeder Group)
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Ex-Miami Dolphins player sells non-waterfront Miami Beach home for $6M
Nicky Jame and One Thousand Museum (Getty, One Thousand Museum)
Reggaeton artist Nicky Jam picks up downtown Miami condo
Reggaeton artist Nicky Jam picks up downtown Miami condo
Brian Vickers with the Continuum South tower (Continuum on South Beach)
Retired Nascar driver Brian Vickers buys Miami Beach condo for $6M
Retired Nascar driver Brian Vickers buys Miami Beach condo for $6M
Jimmy Butler, Reshma Sohoni and 8975 SW 63 Court (Getty, Google Maps)
Swish! Miami Heat’s Jimmy Butler sells Pinecrest mansion for $7M
Swish! Miami Heat’s Jimmy Butler sells Pinecrest mansion for $7M
Marc Fisher and the West Palm Beach home (Getty, Douglas Elliman)
Shoe mogul Marc Fisher buys waterfront West Palm Beach mansion
Shoe mogul Marc Fisher buys waterfront West Palm Beach mansion
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...