Bugle Miami

NBA Player Tim Hardaway Jr. Sells Miami Beach House for $6.75 Million

NBA player Tim Hardaway Jr. has sold his waterfront home in the gated community of Normandy Isle in Miami Beach, Florida, for $6.75 million, netting more than $2 million in profit in two years.

The 5,239-square-foot house was listed for $7 million in July with Isaac Malagon of Empire Network Realty. It went into contract in just over 10 days and the transaction closed last week, listing records show. 

In August, Mr. Hardaway, 29, signed a contract extension with the Dallas Mavericks.He has been with  the team since January 2019 after being traded by the New York Knicks.Mr. Hardaway bought the Miami property after leaving the Knicks from a developer in April 2019 for $4.75 million via trusts, property records show. 

Mr. Hardaway could not be immediately reached for comment.

Mr. Malagon, the listing agent, did not respond to a request for comment.

Ignacio Villanueva of Compass represented the buyers, a business couple relocating from New York to Miami.

“They wanted something waterfront, but such inventory in Miami Beach is scarce, so we looked at Normandy Isles, an adjacent and well-established area,” Mr. Villanueva said. “And they loved the modern look of the house, boasting high ceilings, lots of lights and a roof deck with beautiful views.”

He declined to discuss further about his clients. Mansion Global could not determine their identities as the transaction has yet to appear on property records.

The home has five bedrooms, six bathrooms and formal living and dining rooms with water views. Custom interior details include handcrafted cabinetry, custom closets, lighting and fixtures, as well as smart home technology including security cameras throughout, surround-sound speakers and thermostats, according to Mr. Villanueva.

Outdoors, there is a pool, a spa, a full summer kitchen with a gas grill, an ice maker and a fire pit. 

“The home was sold fully furnished, with every piece of furniture thoughtfully chosen by a decorator,” Mr. Villanueva said.

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