Giannis Antetokounmpo has put down roots in South Florida, buying a US$13.5 million mansion in Pinecrest just months after his blockbuster move from the Milwaukee Bucks to the Miami Heat.
A company linked to the Greek NBA superstar purchased the newly completed home, which spans nearly 12,000 square feet on just over an acre of land. The eight-bedroom property includes 10 bathrooms, two additional powder rooms, a media room, guest house, swimming pool and jacuzzi.
The purchase also represents a substantial discount on the original asking price. The property had been listed for US$16.3 million, meaning Antetokounmpo’s purchase came in US$2.8 million below the asking price.
Designed by Coral Gables-based Permuy Architecture, the non-waterfront estate sits in Pinecrest, an affluent residential enclave in southern Miami-Dade County known for its large blocks, substantial homes and relative privacy.
The property was sold by a company led by developer Fouad Kraishan, according to reports, with Juan Annicchiarico of JCAS Realty representing the seller.
The purchase comes as Antetokounmpo begins one of the most significant transitions of his career. The Miami Heat officially acquired the two-time NBA Most Valuable Player and Bobby Portis from Milwaukee in July, sending Tyler Herro, Jaime Jaquez Jr, Kel’el Ware and Kasparas Jakučionis to the Bucks alongside three first-round picks, a first-round pick swap and a second-round selection.
The deal ended Antetokounmpo’s 13-season career with Milwaukee, where he became the defining player of the modern Bucks era. He won consecutive NBA MVP awards in 2019 and 2020 and led the franchise to the 2021 NBA championship, earning Finals MVP honours.
When the trade became official, Antetokounmpo made clear his connection to Milwaukee would remain despite the move south.
“I want you to hear from my mouth, the city of Milwaukee will always be in my heart,” he said in a farewell message.
He will begin his Miami career wearing No. 7, having worn No. 34 throughout his time with the Bucks.
There is also an unusual connection between Antetokounmpo’s new address and the trade that brought him to Miami. Former Heat star Tyler Herro, one of the players sent to Milwaukee in the deal, listed his own Pinecrest mansion for nearly US$12 million following the trade. Reports place the two properties directly across the street from each other.
Pinecrest has long attracted professional athletes and high-profile residents looking for space and privacy within reach of Miami. Former Heat players Jimmy Butler and Dion Waiters have owned homes in the area, while retired baseball star David Ortiz sold a Pinecrest property for US$10.6 million in 2023.
Antetokounmpo’s latest purchase also adds to a rapidly expanding property portfolio. Earlier this year, CoStar reported that affiliates of Ante, his family office, had invested more than US$69 million acquiring 186 apartments across Wisconsin, Brooklyn and Chicago.
The Pinecrest acquisition is different. Rather than another investment property, it establishes a home base for Antetokounmpo and his family as he begins life with the Heat.
And with Miami acquiring one of basketball’s biggest names in pursuit of another championship, Antetokounmpo appears to be settling in for more than a short stay.
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