Philadelphia 76ers star and reigning NBA MVP Joel Embiid is trusting the real estate process.
The big man listed his his top-floor penthouse condo for $5.5 million, or $1,571 per square foot, the Philly Voice reported. Embiid purchased the for 11th-floor unit at 101 Walnut Street in the city’s Society Hill neighborhood for $3.2 million in 2018.
The luxury two-bedroom unit spans 3,500 square feet, with two full bedrooms, two half baths and two balconies on the main level. The unit also has private rooftop space with a pool, a hot tub and an outdoor kitchen.
Building amenities include a virtual doorman and private elevators for the property’s suites. The monthly homeowners association fee comes out to $3,828, according to Realtor.com.
Serhant’s Andrea Desy Edrei and Jennifer Rhee have the listing.
The two agents were previously part of some local residential brokerage drama. Their former firm, Philadelphia’s Keller Williams Black Label, accused Ryan Serhant’s eponymous firm and the brokers of a scheme to “loot” the company for the New York-based brokerage’s expansion into the Keystone State.
The 29-year-old Embiid was drafted by the Sixers in 2014. He has cemented himself as a key operator for the team, poised to claim the NBA’s award for Most Valuable Player award for the second straight season.
Embiid’s former teammate and fellow 76ers star Ben Simmons listed his Philadelphia-area home in Moorestown, New Jersey, in 2021 for $5 million, two years after purchasing the place for $2.3 million. A buyer ultimately closed on the home for $4.5 million in April 2022.
— Holden Walter-Warner
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