Miami Heat’s Tyler Johnson wants to flip his Pinecrest home for $5.25M

Johnson bought the house in August and is now looking to sell it for $430,000, or 9%, more

Jul.July 19, 2017 02:15 PM

9700 West Suburban Drive (Credit: Zignavisual) and Tyler Johnson

Kim Knausz

Less than a year after spending $4.82 million on a new Pinecrest home, Miami Heat player Tyler Johnson is looking to flip the property for $5.25 million.

Johnson, who signed a four-year, $50 million contract with the Heat in July of last year, put his Mediterranean-style mansion at 9700 West Suburban Drive on the market with Kim Knausz of One Sotheby’s International Realty, she said.

The 9,476-square-foot house, with six bedrooms, an entertainment room, media room and theater, and poolside cabana is too big for Johnson and his fiancée, who planned to live with Johnson’s mother and brother, Knausz said. But plans have since changed for the mother and brother.

The home also has eight bathrooms, two half-baths, a half basketball court, a dual chef’s kitchen and elevator, according to the listing information. It was built in 2009 and sits on more than an acre of land.

Johnson bought the house in August and is now looking to sell it for $430,000, or 9 percent, more. “Even though we have a good amount of inventory, the prices in the luxury market have continued to rise,” Knausz said, adding that the property “blows other homes out of the water.”

The couple loves Miami and Pinecrest, but Knausz declined to say where they’re looking to move. Some of the furnishings are included in the listing price.

Earlier this month, former NBA player Carlos Boozer listed his Pinecrest home at 7450 Southwest 100th Street for $3.2 million. And ex-Los Angeles Lakers forward Lamar Odom finally just sold his nearby home after multiple price cuts.

Related Articles

Alex Rodriguez (Credit: Getty Images and iStock)

Work out like A-Rod? Athlete inks Midtown Miami lease for UFC Gym

former Rucks Park site in North Miami and Udonis Haslem (Credit: Google Maps and Getty Images)

Miami Heat’s Udonis Haslem takes a shot at affordable housing

9121 Southwest 62nd Court (Credit: Realtor)

Retired US Steel CEO buys Pinecrest mansion

1771 North View Drive, Julian Johnston, Enrique Iglesias, and Caterine Gomez (Credit: Getty Images)

Enrique Iglesias’ former Miami Beach home trades for $13M

Manny Machado and Chad Carroll with 20 Tahiti Beach Island Road (Credit: Getty Images and Douglas Elliman)

Buyer revealed: Baseball player Manny Machado buys Tahiti Beach Island manse

From left: Dion Waiters, James Johnson, Erik Spoelstra, Dwayne Wade, LeBron James, Chris Bosh and Hassan Whiteside (Credit: Getty Images, iStock, Wikipedia Commons)

Heat Map: Here are the homes of Miami Heat’s elite

Dwyane Wade, Gabrielle Union and the North Bay Road home (Credit: Getty Images, Lux Hunters)

One last sale? Dwyane Wade lists Miami Beach estate for $33M

Construction of downtown Hollywood high-rise may start soon