Real Estate News

Heat guard buys Pinecrest mansion after signing $50 million contract

An aerial photograph shows the $4.85 million Pinecrest home bought by Miami Heat guard Tyler Johnson.
An aerial photograph shows the $4.85 million Pinecrest home bought by Miami Heat guard Tyler Johnson. Zoltan Prepszent

Miami Heat combo guard Tyler Johnson is putting his big payday to good use.

After earning a four-year, $50 million contract in July, Johnson put down $4.85 million on a mansion in Pinecrest.

Tyler Johnson, while attending an event with Josh Richardson at Bucky Dent Park on Mon, July, 25, 2016, said he was shocked the Heat matched the four-year $50 million deal offered by the Brooklyn Nets.

The six-bedroom, Mediterranean-style home at 9700 W. Suburban Dr. comes equipped with an elevator, pool, four-car garage and high-tech security system. And the undrafted 24-year old, who almost signed with the Brooklyn Nets over the summer, won’t have to go far to practice his jump shot: A basketball half-court is part of the property.

“It’s a very sophisticated family compound,” said listing agent Hilda Jacobson of Douglas Elliman’s sports and entertainment division. “The previous owner custom designed this home for his own family.”

In addition to the basketball court, which Johnson plans to upgrade, Jacobson pointed to an entertainment room with domino and pool tables, a pool-side cabana and large bedrooms as features that appealed to the basketball player and his fiancée.

The home last sold for $2.9 million in 2007, property records show. Ysha Arteaga of Douglas Elliman also held the listing.

On the court, Johnson is expected to help fill the shoes of Dwyane Wade, who left for Chicago.

“It's time for me to make that leap,” Johnson told the Miami Herald earlier this month.

He wasn’t the only Heat player closing real estate deals this week. Center Hassan Whiteside paid $7 million for a home in Miami Beach, according to the Real Deal. Whiteside signed a $98 million contract in June.

The Heat's new $50 million man says he won't get his chipped tooth fixed unless he absolutely has to and about how summer workouts have gone on Wed., Aug. 10, 2016.


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