The Miami Heat bought former guard Tim Hardaway’s house in 2010 to help him clear a debt to the IRS. Now, the team has made a handsome profit selling the Pinecrest crib.
Miami Heat Limited Partnership, the company fronted by cruise mogul Micky Arison that owns the back-to-back NBA champs, sold the home at 10050 SW 62nd Ave., earlier this year for $2.3 million.
Records show the company bought the property from Hardaway, one of the team’s highest-profile players ever, in September 2010 for $1.98 million. That a 16 percent profit — even though the house was in need of so much updating that it lingered on the market for three years.
“It was a tough sale,” said Pinecrest Realtor Richard Shapiro, who showed the mansion to several clients. “You could tell it was built for a basketball player. There’s a regulation-sized basketball court in the yard and closets the size of a two-car garage. It’s a huge house.”
Records show it’s 7,540 square feet on nearly two acres, with giant electric gates and a six-foot coral rock wall.
There’s also a six-car garage, 20-foot ceilings, a heated pool and a movie theater.
Hardaway, 47, who played in Miami for six seasons starting in 1995, got to live in his old homestead while he cleared his finances but Gossip Extra was told he finally moved out this summer.
Hardaway, who has a history of bad business moves, had an IRS lien on the house for $120,000 in unpaid taxes. He bought the property in 1996 for $1.5 million.
In an unusual arrangement, the Heat agreed to buy the place to spare Hardaway the embarrassment of losing it in a foreclosure.
Team lawyer Alan Fein did not respond to a request for comment about the sale.
Newlywed Fontainebleau Miami Beach owner Jeff Soffer has been thrown into the middle of a controversy involving actress Gwyneth Paltrow and Vanity Fair magazine.
The glossy has been investigating the not-so-public life of the Iron Man star and is said to be ready to publish claims that the married Paltrow had an affair with Soffer.
The New York Post broke the story and quotes anonymous sources saying that VF found out that Paltrow, who has been married to Coldplay frontman Chris Martin since 2003, may have engaged in some horizontal mambo with Soffer in 2008.
Many journalists who covered the huge reopening blowout of the ‘Bleau that year remember that Paltrow materialized without Martin and looked quite cozy with Soffer in her barely there dress.
Paltrow blast-emailed friends to ask they not cooperate with VF.
Paltrow’s people are saying she and Soffer are just friends, while the millionaire playboy, who married model Elle MacPherson in July, isn’t talking.
O.J. house up for bids
So, you want to own O.J. Simpson’s Kendall home?
It’s just the click of a mouse away.
Simpson’s house — 9450 SW 112th St., four beds, four baths, 4,200 square feet — is scheduled to be sold in an online auction starting at 9 a.m. Oct. 29 after it was foreclosed on. Simpson’s serving 30 years in a Nevada prison for kidnapping.
Go to miamidade.realforeclosures.com to register. According to the Miami-Dade County Clerk of Courts, you must pay a non-refundable deposit equal to 5 percent of what you believe your highest bid will be. The balance must be paid by noon Oct. 30.
Simpson bought the place in 2000 for $575,000. It’s assessed at $481,000 but needs some improvements.