Slam dunk: Sports agent buys Coral Gables home for $5M

His clients have included NBA players Kevin Love, Brandon Ingram, Nikola Jokic and Kemba Walker

Miami /
Aug.August 19, 2020 10:30 AM
Jeffrey A. Schwartz and 5201 Oak Lane in Coral Gables (Excel Sports Management; Realtor)

Jeffrey A. Schwartz and house on Oak Lane in Coral Gables (Excel Sports Management; Realtor)

He showed them the money.

A sports agent, whose clients have included National Basketball Association players Kevin Love, Brandon Ingram, Nikola Jokic and Kemba Walker, bought a Coral Gables house for $5 million.

Jeffrey A. Schwartz and his wife, Natalie, bought the two-story, nearly 8,000-square-foot home on Oak Lane, according to records. The house, built in 1957, is on 1.4 acres in the Snapper Creek Lakes gated community.

The house has six bedrooms, six bathrooms and a separate guest house, according to listings. Judy Zeder with the Jills Zeder Group at Coldwell Banker Realty represented the sellers. Ben Moss with Compass represented the buyers. The house listed for $5.5 million in April.

The sellers, Mario A. Cobo Trujillo and Angela B. Aguirre, paid $4.2 million for the house in 2018.

In 2002, Schwartz founded New York-based Excel Sports Management as a basketball agency, according to the company’s website. It has since grown to represent athletes in baseball, golf and other sports.

In 2019, Forbes deemed Schwartz “the world’s foremost basketball agent for the fifth consecutive year” for more than $1.8 billion in active contracts.

The agency has taken credit for a comedy fundraising event hosted by Blake Griffin, and for landing a LendingTree.com sponsorship of The Charlotte Hornets. It also takes credit for making Red Bull the “official energy drink” of seven NBA teams, according to the company’s website.

Other notable names who have called Snapper Creek home include Aztec Group founder and CEO Ezra Katz, who sold his mansion for $4.2 million in 2017; and football star Julius Peppers, who bought a 9,100-square-foot home for $5.2 million in 2014.

More recent Coral Gables sales include the president of a charter airline company paying $14.9 million for a mansion on the Coral Gables Waterway,  and a Miami cardiologist selling his Tahiti Beach Island mansion for $11.3 million — about half the original asking price.


Related Articles

arrow_forward_ios
Constellation's Eduardo Otaola and Boschetti's Jose Boschetti with rendering of proposing a 15-story, mixed-use luxury rental project (LinkedIn, Boschetti Group, Arquitectonica, Getty)
Developers propose mixed-use luxury rentals in Coral Gables
Developers propose mixed-use luxury rentals in Coral Gables
Randy Walker with 60 Edgewater Drive (ExCo Group, Brown Harris Stevens)
Gables Club developer Marc Kovens sells his penthouse
Gables Club developer Marc Kovens sells his penthouse
Gables Club Tower II at 60 Edgewater Drive in Coral Gables (Condo.com, Getty)
Coral Gables closing tops Miami-Dade’s weekly condo sales
Coral Gables closing tops Miami-Dade’s weekly condo sales
Deerwood Town Center at 12085-2107 Southwest 152nd Street in Miami-Dade County, One Biscayne Tower at 2 South Biscayne Boulevard in Miami and 2990 Ponce office building in Coral Gables with Gildenson Real Estate's Eduardo Gildenson and CP Group’s Angelo Bianco (Google Maps, Gildenson Real Estate, CP Group)
Lease roundup: Quest takes space at One Biscayne Tower & more
Lease roundup: Quest takes space at One Biscayne Tower & more
From left: Belong co-founders Tyler Infelise, Ale Resnik, and Owen Savir (Belong, Getty Images, Google Maps)
Lease roundup: Rentals manager Belong moves HQ to Brickell
Lease roundup: Rentals manager Belong moves HQ to Brickell
MG Developer's Alirio Torrealba with 3191 Southwest 39th Avenue and 3160 Southwest 38th Court (LinkedIn, Google Maps)
MG completes Miami apartments dev site assemblage
MG completes Miami apartments dev site assemblage
Terranova’s Stephen Bittel with 93 Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
Terranova plans retail-and-office project on Coral Gables’ Miracle Mile
SecureSpace’s Nathan McElmurry with 2811 Coral Way
SecureSpace pays $23M for Coral Way self-storage facility
SecureSpace pays $23M for Coral Way self-storage facility
arrow_forward_ios

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

Loading...