Dwyane Wade, Gabrielle Union sell waterfront Miami Beach estate for $22M

North Bay Road mansion hit the market in 2019 for nearly $33M

Miami /
Jun.June 03, 2021 04:30 PM
Dwyane Wade and Gabrielle Union with 5980 North Bay Road. (Getty, Brett Harris Homes)

Dwyane Wade and Gabrielle Union with 5980 North Bay Road. (Getty, Brett Harris Homes)

Dwyane Wade and Gabrielle Union said goodbye to their Wade County home: They sold their waterfront Miami Beach mansion for $22 million.

It sold for more than $10 million off the original asking price two years ago.

Wade, the retired Miami Heat star player and minority owner of the Utah Jazz; and Union, an actress and author, sold their estate at 5980 North Bay Road to an undisclosed buyer, confirmed listing agent Brett Harris of Douglas Elliman. The Wall Street Journal first reported the sale.

The property had been under contract to the same buyer for months. It hit the market for $32.5 million in 2019. Harris, who also represented the buyer, declined to comment further.

The six-bedroom, 13,800-square-foot mansion includes a wine room, a game room, outdoor basketball court and a home theater. Wade paid about $10.6 million for the house in 2010 and later renovated it. It has 165 feet of bay frontage on a 1-acre lot.

In May, current Miami Heat player Victor Oladipo paid $7.8 million for a spec mansion in Miami Beach, which marked a record for non-waterfront homes.

Wade and Union are now based in Los Angeles.

Earlier this year, the couple lowered the asking price on their Sherman Oaks mansion to $6 million, the same amount they paid for the property in 2019.

Last year, they paid $18 million for a 17,000-square-foot Hidden Hills mansion.

Though Wade sold his Miami Beach mansion, he and Miami Heat player Udonis Haslem Dish own the Aventura pizzeria 800 Degrees.





    Related Articles

    arrow_forward_ios
    Bain Capital's Paul Edgerley and Todd Glaser with 215 Indian Road (Bain Capital Private Equity, Google Maps, iStock)
    Todd Glaser flips Palm Beach home to Bain Capital adviser
    Todd Glaser flips Palm Beach home to Bain Capital adviser
    Finvarb's Ronny Finvarb and 1685 Washington Avenue (Finvarb Group, Google Maps, iStock)
    Finvarb JV scores $45M in financing for Miami Beach Thompson Hotel-anchored project
    Finvarb JV scores $45M in financing for Miami Beach Thompson Hotel-anchored project
    Stephen Ross, Miami Beach Commissioner Kristen Rosen Gonzalez, Miami Beach Mayor Dan Gelber and Frank Gehry with the Deauville Beach Resort (Wikipedia, Getty, Visit Florida, Related, Rosen Gonzalez)
    “Terrible precedent:” Commissioner leads fight over Steve Ross’ plan to buy and redevelop the historic Deauville
    “Terrible precedent:” Commissioner leads fight over Steve Ross’ plan to buy and redevelop the historic Deauville
    BH Properties' Steve Gozini and Vornado's Steven Roth with 1100 Lincoln Road (BH Properties, Getty, Google Maps)
    Steve Roth’s Vornado sells Lincoln Road building for $94M, nearly 30 percent less than it paid a decade ago
    Steve Roth’s Vornado sells Lincoln Road building for $94M, nearly 30 percent less than it paid a decade ago
    The apartment building at 1770 Meridian Avenue, Miami Beach with Victory Investments Group CEO Anil Monga (Google Maps)
    Hotel Astor owner buys Miami Beach apartment building
    Hotel Astor owner buys Miami Beach apartment building
    Leon Patitsas, CEO of Atlas Maritime, and 225 North Hibiscus Drive in Miami Beach (LinkedIn/Leon Patitsas, Redfin)
    Shipping tycoon buys flipped waterfront Hibiscus Island teardown for $17.5M
    Shipping tycoon buys flipped waterfront Hibiscus Island teardown for $17.5M
    The lot where the Champlain Towers South once stood (Getty)
    Settlement in Surfside condo collapse now over $1B
    Settlement in Surfside condo collapse now over $1B
    Sean “P. Diddy” Combs, DJ Khaled, Trippie Redd, Lil Wayne, Rick Ross and Kodak Black (Getty, iStock, Illustration by Shea Monahan for the Real Deal)
    South Florida’s rapper resi market is super dope fire
    South Florida’s rapper resi market is super dope fire
    arrow_forward_ios

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

    Loading...