Miami Heat player Dion Waiters buys Pinecrest spec mansion, sets record price

$7.4M sets record for priciest home sale in Pinecrest

Miami /
Nov.November 02, 2017 11:15 AM

UPDATED Nov 2, 3:50 p.m.: Miami Heat player Dion Waiters just bought a non-waterfront mansion in Pinecrest for a record-breaking $7.4 million, property records show.

The mansion at 5745 Southwest 94th Street marks the priciest home sale in Pinecrest, beating last year’s $5.8 million record sale, Brown Harris Stevens Miami listing agent Marianna Dubinsky said, citing the Multiple Listing Service.

Architect and home builder Frank Mendez is the seller and designer of the custom-built 17,700-square-foot mansion. The trade breaks down to about $440 per square foot.

Records show Mendez purchased the property in 2013 for $1.5 million. He built the mansion on spec with features attractive to professional athletes, Dubinsky said, adding that the home boasts a 12-person shower, a driveway that can fit 30 cars and enough space inside to build a half-court basketball court.

Dubinsky declined to confirm the buyer’s identity. The buyer’s agents Nancy Bernstein and Jonathan Garcia with One Sotheby’s International Realty also declined to comment, citing a non-disclosure agreement.

The mansion, which took a little more than a year to build, hit the market in January 2015 for $9.9 million – meaning it sold for a 25 percent discount off its original listing price.

The listing for the mansion was previously held by Coldwell Banker’s The Jills and Tomi Rose, previously with Opulence International Realty.

The nine-bedroom, 10-and-a-half-bathroom home has a Balinese architectural style and occupies a two-acre lot. Features include 20-foot-high ceilings, three terraces and a six-car, two-sided garage.

Mendez is founder and CEO of Pioneer Inter-Development Inc., which has built more than 100 luxury homes in Pinecrest.

In recent years the village of Pinecrest has been home to a number of NBA players, including Dwyane Wade, Chris “Birdman” Anderson, and former Los Angeles Lakers player Lamar Odom.

In July, former NBA player Carlos Boozer listed his Pinecrest home at 7450 Southwest 100th Street for $3.2 million. Miami Heat player Tyler Johnson also owns a home in Pinecrest.


Related Articles

arrow_forward_ios
1420 West 23rd Street with Rony Seikaly and Todd Glaser (Seikaly via Getty; Glaser by Mary Beth Koeth)
Todd Glaser, Rony Seikaly sell waterfront Sunset Islands mansion to VC investor
Todd Glaser, Rony Seikaly sell waterfront Sunset Islands mansion to VC investor
Arnaldo Bomnin and 8525 South Dixie Highway (Google Maps)
Bomnin Automotive pays $7M for former Pinecrest Mitsubishi dealership
Bomnin Automotive pays $7M for former Pinecrest Mitsubishi dealership
Jared Kushner and Ivanka Trump with Arte Surfside (Getty, Arte)
Ivanka Trump, Jared Kushner to rent luxury condo in Miami’s Surfside
Ivanka Trump, Jared Kushner to rent luxury condo in Miami’s Surfside
Chris Bosh and his North Bay Road home, 6396 North Bay Road (Getty, One Sotheby’s International Realty)
Chris Bosh sells waterfront Miami Beach mansion for $15M
Chris Bosh sells waterfront Miami Beach mansion for $15M
Billionaire hedge fund manager Dan Loeb and renderings of 6440 North Bay. (Third Point, To Better Days Development)
Billionaire hedge funder Dan Loeb buys waterfront Miami Beach estate: sources
Billionaire hedge funder Dan Loeb buys waterfront Miami Beach estate: sources
Phil Collins is in contract to sell his waterfront Miami Beach mansion amid a legal battle with his ex-wife, Orianne Bates. (Getty, Coldwell Banker Realty)
Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M
Phil Collins finds buyer for waterfront Miami Beach estate listed for $40M
Serena Williams with 7703 Bold Lad Road and 6431 River Pointe Way (Getty, Google Maps)
Serena Williams sells Palm Beach Gardens home after buying Yadier Molina’s Jupiter mansion
Serena Williams sells Palm Beach Gardens home after buying Yadier Molina’s Jupiter mansion
Alex Rodriguez with Stuart Zook (Getty, Miami-Dade County Circuit Courts)
A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee
A-Rod’s ex-brother-in-law alleges racketeering, embezzlement in new lawsuit against retired Yankee
arrow_forward_ios

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

Loading...