Shaq is buying a house that fits


BY CHRISTINA HOAG AND DOUGLAS HANKS III / THE MIAMI HERALD. / Shaq has found his shack -- a $20 million super-sized manse in Miami Beach's celebrity-studded enclave of Star Island. The Miami Heat center has made an offer of between $19 million and $20 million for a furnished 19,440 square-foot mansion at 26 Star Island Drive, a source familiar with the real estate deal said Wednesday.

The home, built in the early 1990s by former Heat center Rony Seikaly, has an added bonus: eight-foot-tall doorways. O'Neal, also a center, stands at seven-foot-one. ''It may seem like a lot, but in the future it's going to be a good deal,'' he said. If the deal goes through as expected, O'Neal will join Rosie O'Donnell, Sean ''P. Diddy'' Combs and Gloria and Emilio Estefan as residents of one of Miami's most exclusive communities. The pending sale was first reported by The Daily Business Review. The owner originally asked $24 million-plus for the two-story home, which boasts eight bedrooms, eight bathrooms, a tennis court, indoor racquetball court, gym, pool and four-car garage. Built in 1992, the home has a history with the Heat -- it was formerly occupied by Seikaly, who customized the house to accommodate his 6-foot-11 frame. Seikaly sold it for $7 million in June 1995 to Pelham Properties.

The mansion sits on one of the biggest lots on the island, at 2.5 acres. Last year's property taxes were $362,139. O'Neal first offered about $17 million, which was rejected, and countered with a second offer of $19 million-plus, a second real-estate source familiar with the transaction said. The sports star has requested a quick closing and expects to move into the house at the end of the month, the source said. O'Neal's agent, Perry Rogers in Las Vegas, said his client was anxious to make the move before the school year starts in earnest. ''I think it's important to him and his family to get down there and get settled,'' Rogers said. ``They need to get in their new house and get into a school and be comfortable. I think once it closes, you'll see him make the move pretty quickly.'' Heat players report to training camp on Oct. 5, and Heat officials said they do not expect O'Neal to report before then.

O'Neal, who was traded by the Los Angeles Lakers to the Heat, lives in Orlando during the off-season, and has been working with private trainers during the summer. Jill Eber and Jill Hertzberg, two brokers also involved in the deal, could not be reached for comment Wednesday. The Orlando real estate agent believed to be helping O'Neal, Sandra Jeter, could not be reached for comment.

Luxury Communities

Luxury Condominiums

Choose Your Language

  • English
  • Espaol
  • Portugues
  • Russian
  • Francais
  • Italian
  • Deutsch
  • Chinese
Luxury Penthouses
New Developments
  • Open Houses
  • Fisher Island Presented by The Jills
  • Client Testimonials
  • Homes for Sale Miami
  • Design District Shopping and Dining
  • Luxury Rentals Miami
  • Seller Services
  • Property for Sale Miami
  • Who to Call - Local Phone Numbers
Real Estate News
Today's Real Estate News and Advice
Updated: Wednesday, October 22, 2014

Semantics Wont Avoid Liquidate...
If it walks like a duck, and quacks like a duck You know the rest. Common sense tells us tha...

Developers Must Be Honest...
Note: Although the material discussed below deals with high court cases in both Washington, ...

Financing You Can Feel Good Ab...
The mortgage industry has a history of screwing things up. Maybe the intentions are good but...

Copyright ©2014Realty Times®. All Rights Reserved

The Top Shopping Destinations in Miami!
As The Jills can attest, there are many advantages to Miami Beach Luxury Real Estate:...

South Florida – A Magnet for the World’s Rich and Famous
The Jills have made enough record-breaking sales of Miami Beach Homes to know that South...

Indian Creek – One of the World's Richest Communities
The Jills specialize in some of the most luxurious Miami Beach Homes imaginable. Among...

In the Spotlight – 5446 N Bay Rd
North Bay Road runs along the bayfront portion of La Gorce, one of Miami Beach's most...

Miami Beach Homes Gain Tremendous Global Appeal
The Greater Miami Area continues to garner tremendous international acclaim, welcoming...

In the Spotlight – 6005 Alton Rd
This week's spotlight is cast on 6005 Alton Rd, a Mediterranean beauty located in the...

The Top Nightclubs in South Beach
One of the reasons why Miami Beach Luxury Real Estate is so desirable is because of the...

Build Your Dream Home on 2 Indian Creek Dr
The island community of Indian Creek has the distinction of being one of the wealthiest...

The Tropical Enclave on 425 N Shore Dr
Among the many exceptional Miami Beach Homes offered by The Jills, one stands out for its...

In the Spotlight – 2887 Pinetree Drive
Pinetree Drive is a stretch of road that runs along the Atlantic side of Miami Beach, roughly...