Giannis Miami Mansion
Giannis Antetokounmpo buys a $13.5 million Miami mansion following his blockbuster trade.
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Key Points
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Antetokounmpo and his wife, Mariah, have four young children, giving the eight-bedroom home added significance as a family residence.
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Antetokounmpo signed a three-year, $175 million contract with Miami and is set to earn nearly $60 million per year with the Heat.
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The trade sent Tyler Herro, Jaime Jaquez Jr., Kel’el Ware and Kasparas Jakučionis to Milwaukee, while Bobby Portis joined Antetokounmpo in moving to Miami.
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The mansion was designed by Coral Gables-based architect Ignacio Permuy of Permuy Architecture and was located north of Deering Bay and west of Gables by the Sea.
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Antetokounmpo’s family office has invested more than $69 million in multifamily properties in Wisconsin, Brooklyn and Chicago over the past year, according to CoStar reporting cited by The Real Deal.
Basketball superstar Giannis Antetokounmpo has purchased a $13.5 million mansion in Pinecrest, Florida, months after joining the Miami Heat in a blockbuster trade with the Milwaukee Bucks Yahoo Sports. The newly built, nearly 12,000-square-foot home sits on just over an acre and includes eight bedrooms, ten bathrooms, a media room, pool, Jacuzzi, and a guest house Marca. The non-waterfront property gives the two-time MVP a private South Florida base as he begins his next chapter with Miami.
A Blockbuster Trade Brings Giannis to Miami
The Miami Heat acquired Giannis Antetokounmpo from the Milwaukee Bucks in one of the biggest deals in recent NBA history Yahoo Sports. The Heat traded away four players: Tyler Herro, Jaime Jaquez Jr., Kel'el Ware, and Kasparas Jakučionis. Bobby Portis joined Antetokounmpo in moving to Miami. The two-time MVP signed a three-year, $175 million contract with the Heat, earning nearly $60 million per year.
A Family Home Near Herro's Former Pinecrest Estate
Antetokounmpo and his wife, Mariah, have four young children, making the eight-bedroom mansion particularly valuable as a family residence WDC News 6. The property is located near a Pinecrest home that former Heat guard Tyler Herro listed for about $12 million. Herro was the centerpiece of Miami's trade package sent to Milwaukee, creating an interesting real estate coincidence in South Florida's luxury market.
Developer Fouad Kraishan's Original Vision
The mansion was designed by Coral Gables-based architect Ignacio Permuy and originally listed for $16.3 million Marca. A company connected to developer Fouad Kraishan built and owned the home before Antetokounmpo's purchase. The property sits north of Deering Bay and west of Gables by the Sea, positioning it in one of Miami's most exclusive neighborhoods.
Giannis Expands Real Estate Portfolio Beyond Miami
This Florida purchase fits into a larger investment strategy for Antetokounmpo's family office. Over the past year, his investment group has poured more than $69 million into multifamily properties across Wisconsin, Brooklyn, and Chicago Yahoo. The diversified approach shows Antetokounmpo is building wealth beyond his NBA salary through strategic real estate holdings in major U.S. cities.
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