Miami Heat’s Kevin Love Buys Coconut Grove Home

NBA All-Star Kevin Love purchased a home in Miami’s Coconut Grove, The Real Deal has learned.

Love, a power forward for the Miami Heat, and his wife, Kate, paid $9.5 million for a spec home just northeast of Main Highway. The couple acquired the home via a trust and financed the purchase with a $6.1 million mortgage from Morgan Stanley, records show.

Love began playing for the NBA in 2008 when he joined the Minnesota Timberwolves. In 2014, he moved to the Cleveland Cavaliers, where he played until he joined the Heat last season. He signed a two-year, $7.9 million contract with the Heat.

His 6,400-square-foot Coconut Grove home has seven bedrooms, seven bathrooms, a wine cellar and a pool, according to the listing for the property. It was on the market with Brett Eaglstein and Eli Faitelson with the Chad Carroll Group at Compass for nearly $10 million. They declined to comment.

A company led by Carlos Fontecilla and Justin Drexler sold the house. It was completed in 2023 on a third-acre lot.

A number of NBA players have purchased multimillion-dollar homes from Pinecrest to Sunny Isles Beach in recent years. In late 2022, Miami Heat shooting guard Tyler Herro paid $10.5 million for a non-waterfront mansion in Pinecrest.

Victor Oladipo, who previously played the same position for the Heat, recently sold his Miami Beach home on Hibiscus Island, two months after he was traded to the Oklahoma Thunder. Oladipo sold the property for $9 million, two years after acquiring it for $7.8 million.

In the fall of 2022, Los Angeles Laker and ex-Miami Heat star player LeBron James paid $9 million for a unit at the oceanfront Estates at Acqualina in Sunny Isles Beach. James’ former Coconut Grove mansion recently re-traded for $18.5 million.