Homes For The Heat – Where Miami’s Hometown Heroes Live

 
The Heat is on! That’s right, we’re in the Finals once again! After destroying the Boston Celtics’ dreams for a historic comeback, the Miami Heat players have returned to the Magic City to rest their heads in preparation for the Denver Nuggets showdown in the Finals.

While they are resting up, it leads lots of fans to be curious… where do the Miami Heat players actually live?

Before we begin spilling the details we should note that as we do tend to represent athletes on a fairly regular basis, we take their privacy very seriously, just as we would your privacy in any transaction. The names in this list are not necessarily our clients, and the only names that we publish are those that have already been published elsewhere. We do not and will not spill people’s secrets, although we will point out why the athletes may have chosen the pieces of real estate that they did. So here we go.

South Miami

There are certain communities around South Florida that attract professional athletes from every sport and franchise. Miami offers that celebrity lifestyle that athletes enjoy during the off-season, the weather is great, and the taxes are far better than California. NFL players love Southwest Ranches because it is so close to the NOVA training center and convenient to Miami Gardens, is also convenient to the airport and the layouts are sprawling. But we’re talking today about the NBA, so we’re going to start in South Miami.

7416 Southwest 49th Place Front View | Photo credit: Miami MLS/Redfin

For very much the same reason that NFL players choose Southwest Broward as the ideal home, NBA players tend to choose manses in gated communities between Coral Gables/South Miami/Pinecrest areas. Jimmy Butler has recently purchased a $7.4 million home in Stonegate, a gated community near South Miami. While the purchase price is significantly higher than comparable sales in the community, it is clear why he would choose it. The neighborhood is an enclave of just 12 homes and is walled/gated for extra security.

Tyler Herro is another player who has chosen Pinecrest as his home base. Earlier this year he celebrated his new $120 million contract with a newly-constructed home at 12900 SW 63rd Avenue. The mansion boasts 9,500 square feet of interior space with 8 bedrooms and 8.5 bathrooms. No expense was spared in outfitting the home with internationally-sourced rare materials from Italy, Brazil and more. The floor to ceiling glass windows offer an indoor/outdoor feel inspired by Balinese architecture.

Tyler Herro Pinecrest Miami Home | Photo Credit: Josie Wang, Brown Harris Stevens Miami

Previous Miami Heat players have also chosen homes in the Pinecrest/South Miami area, including D Wade, Penny Hardaway and Birdman. The homes in this area are popular because they include large, lush lots with plenty of tropical vegetation. The tree-lined stretch of Old Cutler Road from Cocoplum to Cutler Bay routinely shows up in yearly lists for “Miami’s Best Scenic Drives”. The banyan canopy and blacktop make for a relaxing commute to a family estate after a long practice or a hard game. There are also a host of impressive schools nearby, plenty of shopping and a calm lifestyle that someone with an intense job such as a Miami Heat player would appreciate during their time off the clock.

Miami Beach

In 2021, Victor Oladipo picked up a brand new spec home on Hibiscus Island. The non-waterfront home has 2 master bedrooms, three ensuite guest rooms as well as a pool house. The 6,900-square-foot brand-new home sold for $7.8 million.

It is easy to see why Hibiscus Island would be attractive for Oladipo. It is a stone’s throw form the Kaseya Center, so the commute is relatively seamless. Along with Palm and Star Islands, Hibiscus Island has been a haven for celebrities and notable figures since the 1930’s. The man-made islands are isolated by one causeway with guard gates, limiting visitors to those invited. There are outdoor amenities on the island including a playground for neighborhood children and a small-community feel.

Hibiscus Island is an affluent community in Miami Beach, Florida.

Another neighborhood in Miami Beach known to attract Miami Heat players includes North Bay Road, where Chris Bosh and Dwayne Wade enjoyed a neighborly vibe during their Heat heyday.

Downtown Miami

Not all players prefer the single-family lifestyle. There are some who prefer to invest in condominium developments, and there are so many options just a stone’s throw from Kaseya Center. The Biscayne Wall, as the buildings directly across Biscayne Boulevard from the arena are adoringly coined, has long been a hotspot for NBA players. These buildings include Marquis Miami, Ten Museum Park, One Thousand Museum, 900 Biscayne Bay and Marina Blue. With beautiful water views, high ceilings, modern luxurious finishes as well as professional-level fitness and wellness facilities, these buildings are an easy choice for the Miami Heat players to live, but there are even more options now.

The 2023 Miami Heat roster has additional options with even more athlete-friendly amenities. Paramount Miami Worldcenter (pictured above) is a sprawling 28-acre development that offers an in-house basketball court where you could realistically shoot some hoops with NBA players. The Elser Hotel & Residences was also recently opened nearby and features a hotel component that is very convenient for the players who desire to have friends and family visit for their games.

Paramount Miami Worldcenter Basketball Court

Looking toward the future, E11even Hotel & Residences is currently under construction with several NBA players from various teams committing to the nightlife-friendly luxury development. Given the success of the initial tower, developers have begun sales on a followup project, E11even Residences & Beyond, that features its very own Clayton private social club. E11even Residences Beyond has recently opened sales and has options available ranging from $300,000 studios to $30 million penthouses.

Rendering of E11even Residences Beyond Miami Pool

Rendering of E11even Residences Beyond Miami Helipad

Surfside

While it is amazing to see the lifestyles that the Miami Heat players are enjoying closer to the office, we cannot forget the main shot-caller. Miami Heat President Pat Riley famously paid $8.1 million in 2019 for a fifth-floor beachfront home at The Surf Club Four Seasons Residences in Surfside.

Their four bedroom residence also boasts five and a half bathrooms with serene oceanfront access and a fully staffed beach. The building is a mix of historic charm paired with modern designs by Richard Meier. In addition to the 150 condo residences, the development is also home to a 72-key Four Seasons hotel and eateries by Michelin-starred Chef Thomas Keller.

The Surf Club Four Seasons Residences

We hope the Miami Heat players, executives and staff are resting well during this short break and getting prepared to make the 305 proud once again! LET’S GO HEAT!