Amar’e Stoudemire’s New Florida Mansion

Posted in Celebrity Houses in Florida, Celebrity Mansions | 0 comments

Amar’e Stoudemire, basketball superstar who was drafted straight out of high school, may be going back to his roots with the purchase of a $3,700,000 home in Southwest Ranches, FL. However, the purchase came at a bad time, during the NBA lockout. In order to relieve some of the debt burden and perhaps store financial nuts away in case the lockout lasts longer, Amar’e sold two properties at a loss in his first basketball home town of Phoenix.

The first sale was a $2 million dollar loss, selling his 79 Biltmore Estates 7,500 square foot home for $2.75 million after paying $4.75 just 6 years earlier. Of course, the sale released funds and reduced the cost of maintenance too.

The second sale of Phoenix property was the sale of the condo just blocks from the estate, which he also purchased in 2006. He paid $1.775 million for this property and sold it for a mere $1.3 million, leaving a $475,000 loss or more if you count commissions and closing costs.

Of course, when you tally up the cash he made from the sale of the property, it’s just enough to cover the purchase of the Florida estate, if there weren’t hefty, hefty closing costs. Don’t feel too sorry for his financial misfortune, Stoudemire has a 5 year-$99.7 million dollar contract with the New York Knicks, endorsements and a small record company he owns, so he isn’t exactly in the poor house.

The new Florida estate is 14,555 square feet sitting on 2.33 acres and completely landscaped and gated. It has 6 and a half baths with 6 bedrooms. The marbled foyer welcomes guest who come knocking at the etched glass front door. If Stoudemire doesn’t seat them in the formal living room, replete with fireplace, he can visit with the guests in back poolside at the lagoon styled pool with a glass of Gator-Aid, or other NBA star caliber drink. There’s even an outdoor kitchen so there’s no need to track up the house.

While all the rooms are large, the indoor kitchen is especially impressive. It offers commercial grade appliances and a butler pantry. A large snack counter separates the kitchen from the 800-square foot breakfast nook. Even though the kitchen offers many decorative curly-Qs on the cabinetry and is a bit garish, it’s obvious everything is custom designed and quite expensive. While it may not be my taste, it’s still a very impressive buy for a kid who first played ball at the age of 14 and then signed with an NBA team just four years later.

More Pictures of Amar’e Stoudemire’s Florida Mansion

image source: Weston Florida Real Estate