An Up-and-Coming Tropical Estate in Pinecrest, Florida

When you’re ready to move into this new home in Pinecrest, Fla., you’ll be in good company.

Miami Heat shooting guard Tyler Herro just bought a house two blocks away.

The 13th pick in the 2019 draft originally signed a four-year/$17,188,836 contract to play ball in South Florida.

And according to Bleacher Report, it doesn’t look like he’s leaving anytime soon. In October last year, he signed a four-year, $130M contract extension ahead of 2022-2023 season. Going into the season, he was fourth in the league, and eligible to sign a designated rookie scale extension for five years and $186 million.

But back to this new home in Pinecrest: Designed by PPK Architects of Doral, Fla., it’s located near Coral Gables. It’s 15 minutes from the airport and 30 minutes from the Brickell financial district.

“This is a high-end neighborhood in one of the nation’s top ten cities to live in,” says Michael Martinez, vice president of ONE Sotheby’s International Realty.

The home is well positioned at the rear of its 32,000-square-feet lot, about three-quarters of an acre. The main structure is 5,400 square feet, with six bedrooms and six-and-a-half baths plus a massive family room. A detached structure, at 1,000 square feet, is a two-bedroom guest house.

It’s all got a good look. “It’s Tropical Modern design – a mix between a modern and a South Florida feel,” he says. “And it’s a very functional design with dual kitchens – one is for the homeowner and the other is a chef’s kitchen behind a book-matched marble wall,” he says.

Designed around its site, its pool is off to the side and opens up the lot on the south side for green space to entertain outside. “They brought the outdoors in by maximizing the use of the lot,” he says.

For the car collector, there’s a three-car garage on one side and a one-car garage at the entry. (There are two entries at the front, and one at the side, plus a service entry).

Its material palette is simple, but effective. The whole house is CMU block outside, with impact windows and doors for tropical storms and hurricanes. “They can withstand 150-mph winds,” he says. “There’s a metal roof, rather than tile, that’s good protection from South Florida rain and humidity.”

Inside, walls are lined with pine paneling in different colors. “They did a great job on the fit and finishes, like the wallpaper,” he says. “And there’s a capsule elevator that’s vacuum driven.”

With a second showing alreadt lined up, it’s not likely to last long. “It could sell in another 10 days, or it could be 30,” he says.

The asking price? $10.5  million. Coincidentally, Tyler Herro paid exactly that for his home nearby.

“We’re seeing a lot of cash buyers,” Martinez says.

With any luck, next up will be one of the 16 players left on the Miami Heat’s roster.

After all, they must be well compensated too.

For more, go here.