Original Miami Heat Center, Rony Seikaly, Sells North Bay Road Estate

December 14, 2010

As the new Miami Heat guard settles in on North Bay Road, the veteran moves on. I sold Rony Seikaly 2060 North Bay Road in 2002 for $2.15M. He tore down the house and built anew, selling it last week for $11.5M/$1,228psf. I believe the buyer, Marcelo Claure-President and CEO of Miami Based Brightstar Corporation, made a fair deal. This sale in addition to recent purchases made by Heat stars Chris Bosh and Dwayne Wade, are evidence that waterfront homes on North Bay Road and Miami Beach have rebounded from the bottom.

9,363SF-interior
26560SF-lot
9Bed/10Bath
125FT-water frontage
Built in 2005
Builder: John Turchin
Designer: Sam Robins

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