Michael Jordan made a huge investment in his mansion in Florida yesterday. Many say it costs around $16.5 million which is a huge investment.
Michael Jordan recently bought a new mansion in Jupiter, a Palm Beach County, Florida town.
The former NBA champion and successful businessperson spent $16.5 million on this impressive property covering nearly an acre of land.
Seeing these athletes investing in luxurious properties and expanding their real estate portfolios is exciting!
Michael Jordan (ImageSource: X)
Michael Jordan expands real estate portfolio with $16.5M Florida mansion
Michael Jordan recently bought a mansion at 103 West Bears Club Drive. This impressive property measures around 9,100 square feet and boasts five bedrooms, six bathrooms, a four-car garage, a guest house, and a club room. It’s situated on nearly one acre of land inside the Bear’s Club, an exclusive gated community with a Jack Nicklaus-designed golf course.
The purchase was made through an Illinois LLC owned by Jordan. The sellers, Dr. Michael A. Murphy and his wife Marla, transferred ownership to Bull & Bear LLC. The Bear’s Club, founded by Jack Nicklaus and his wife Barbara in 1999, is known for its luxurious amenities and tight-knit community.
Jordan’s new home, completed in 2017, was represented by agents Jeremy Browne and Thomas Hughes. On the other hand, Maria Prieto from Keller Williams Capital Realty, also Jordan’s mother-in-law, handled the transaction for Jordan’s LLC.
Jordan and his wife, Yvette Prieto, reside nearby on a larger estate at 172 Bears Club Drive. This estate spans three acres and includes a 28,000-square-foot home with a guard house, guest house, pool, basketball court, and gym.
Despite high demand and a waitlist for membership at the Bear’s Club, homes in the area are scarce. Notable recent sales include Patrick Park’s estate for $19.8 million and Michael Grondahl’s mansion for $14.5 million, highlighting the allure of this prestigious community.
Exploring Jordan’s luxurious estates across the US
Michael Jordan, one of the wealthiest athletes globally, has a fortune exceeding $3 billion. Apart from dazzling on the basketball court, he’s also been shrewd off it, investing wisely and forming partnerships that boost his wealth.
One standout in Jordan’s investments is his real estate ventures. Spread across the US are his luxurious properties, each with its own story.
Highland Park
His famous Highland Park estate in Illinois is iconic, featuring massive gates with his jersey number “23.” The 56,000-square-foot mansion has a basketball court, cigar room, home theater, and game room. Initially listed for $29 million in 2012, it’s now priced at $14.9 million.
Penthouse Overlooking Lake Michigan
1992, Jordan bought a stunning penthouse in Chicago for $3 million. It offers a view of Lake Michigan and the city skyline, with four bedrooms, five and a half bathrooms, and a private rooftop deck.
Utah Vacation Home
Jordan’s Park City mansion spans 9,574 square feet, with five bedrooms and eight bathrooms. The master suite has a balcony overlooking the Wasatch Mountains and Glenwild Golf Club. Listed at $7.5 million, it’s still available.
Florida Mansion
In 2010, Jordan got land in Jupiter, Florida, and built a 28,000-square-foot mansion with 11 bedrooms, a media room, a pool house, and sports facilities. He lives here with his family.
North Carolina Lakehouse
In 2011, Jordan bought a lakefront home in Cornelius, NC, offering panoramic views of Lake Norman. These investments showcase Jordan’s legendary status beyond basketball.
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