The Real Deal Miami

Alonzo Mourning’s former Coconut Grove mansion sells at a discount

Mourning lived in the waterfront home from 1996 to 2009
By Katherine Kallergis | August 24, 2018 10:30AM

3525 Anchorage Way and Alonzo Mourning (Credit: Wikimedia Commons)

The former Coconut Grove home of Alonzo and Tracy Mourning just sold for $8.25 million, according to Douglas Elliman.

George Thermiotis sold the seven-bedroom, 10,700-square-foot home at 3525 Anchorage Way to Fifare Real Estate Investments LLC, a Delaware company. The property hit the market earlier this year for $12 million, which means it just sold for a 31 percent discount.

Douglas Elliman’s Bo Mastykaz had the listing. Elliman declined to comment on the buyer’s identity. Liz Hogan of Compass represented the buyer.

The Mournings owned the waterfront home from 1996 until 2009, when they sold it to Mayfair in the Grove owner Timo Kipp and his wife Nathalia Kipp for $6 million. The Kipps sold it to Thermiotis for $7.1 million in 2015.

Mourning, a former Miami Heat center and an affordable housing developer, and his wife, paid $3.2 million for the Coconut Grove house in 1996, the same year it was built. It features open bay views, maid quarters, a library/home office and a pool.

Property records show the couple owns a mansion in Pinecrest.