LeBron James’ Coconut Grove House sold for 15 Million
LeBron James’ Coconut Grove House sold for 15 Million
LeBron James’ $15 million sale to Timo Kipp, owner of the Mayfair, is proof of the transformation taking place in the Grove. This little slice of paradise, with its wine cellar, 6 bedrooms, 14,000 square feet of living area, and dockage space for two 60 foot yachts is now part of the revival of this tropical oasis once founded by an eclectic mix of pioneers, artists, intellectuals and adventurers.
The Grove’s Transformation: Shopping Mall and Marina
Realty, the new owners of the outdoor Coconut Grove shopping mall CocoWalk, see significant opportunity to transform and remerchandise the $87.5 million property at the center of Miami’s most authentic district. The vision of the plan is to bring together a combination of local, regional and national retailers, along with office space and prominent restaurants led by renowned chefs. The hip, local Panther Coffee has already moved into the area.
Moreover, the marina and retail sale of Monty’s Raw Bar Restaurant and Bayshore Landing Marina was heavily influenced by the fact that the property is seen as a “walkable” retail location for Coconut Grove residents. The new owners will offer 52,893 square feet of commercial and retail space on the site. The almost $7 million sale did not include the land, which is leased by the city of Miami.
INSIGNIA LISTINGS
3604 Matheson Ave, Miami FL.
Our 3604 Matheson Avenue residence is a brand new, pre-construction waterfront home located within the desirable and exclusive gated community of Entrada Estates. Nothing was spared to provide its future residents with the highest levels of serenity and luxury. The location offers immediate access to Biscayne Bay as well as the canal with exquisite decor such as a MiaCucina kitchen and bathrooms. The residence features 5 bedrooms, 5.5 bathrooms and a separate guest house with 1 bedroom and 1 bathroom. Outdoor features include a spacious entertainment open area with breathtaking views, pool, covered summer kitchen, and a 4-car garage. This brand new home offers 9,813 ft. of sheer perfection in the very desirable location Coconut Grove area.
COCONUT GROVE TOWNHOUSES
3 bedrooms | 3 bathrooms | 2500 + sq ft A/C | backyard with pool
The opportunity to own a luxurious, modern townhouse awaits you in the heart of Coconut Grove. Featuring a wide variety of commodities, the open floor plan provides clear views of the back terrace and pool. The house is equipped with high-end appliances, a MiaCucina kitchen and bathrooms. Cool and contemporary, Insignia offers the finest townhouse living available today in Coconut Grove.