Real Estate News

Marlins outfielder Giancarlo Stanton buys three-story penthouse in downtown Miami

Construction on the 648-unit luxury condo tower Aria on the Bay is scheduled to be completed by the end of 2017.
Construction on the 648-unit luxury condo tower Aria on the Bay is scheduled to be completed by the end of 2017. MELO GROUP

Although he has publicly stated that the Marlins’ losing streak is wearing on him, outfielder Giancarlo Stanton is laying down expensive roots in Miami.

Stanton, who joined the Marlins in 2010, has bought a three-story penthouse at the Aria on the Bay luxury condo tower currently under construction in downtown Miami’s arts and entertainment district at 1770 N. Bayshore Drive.

The five-bedroom, 7.5-bathroom unit features a rooftop terrace with private pool and an outdoor summer kitchen. Another plus: Stanton will have a relatively short commute to Marlins Park from his new pad.

The price of Stanton’s unit was not disclosed, but similar units in the building have sold from $1.8 million to over $6 million.

5. ARIA Bedroom - (c) Melo Group
Architectural rendering of the bedroom view from one of the penthouses at the Aria on the Bay luxury condo tower. MELO GROUP

The Aria tower was topped off in April and construction is expected to be completed by year’s end.

Developer Melo Group says the 648-unit tower has sold 80 percent of its residences.

In November 2014, Stanton signed a 13-year, $325 million contract with the Marlins — the richest in North American sports history. He will be able to opt out of the contract in 2020, but he’d be leaving $218 million on the table.

“Honestly, I love living here,” Stanton told the Herald after signing the contract. “I love the people. I love the environment. I’ve said it from the beginning — winning or losing, my personal preference is living here. I like it better than L.A., where I grew up. I’m very comfortable here. I enjoy all aspects of it.”

Rene Rodriguez: 305-376-3611, @ReneMiamiHerald

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