Precious Achiuwa Purchases Two-Bedroom Condo In Miami Beach With Simon Mass As Buyer's Rep

The property asset involved in the transaction is a condo located at 500 Alton Road, Miami Beach. The condo spans 1,451 square feet and features two bedrooms, alongside a 448 square foot terrace. This residence is part of Five Park Miami Beach, which is noted as South Beach’s tallest tower. Similar units in this market typically range in price from $2M to $3M.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: Not specified
• Address: 500 Alton Road
• Market: Miami Beach
• Square Footage: 1,451
• Buyer: Precious Achiuwa
• Buyer’s Representative: Simon Mass - TCS Miami
• Seller: David Martin - Terra & Russell Galbut - GFO Investments
• Seller’s Representative: Douglas Elliman

This transaction involved notable individuals from the sports and real estate sectors. Precious Achiuwa, an NBA free agent previously associated with the New York Knicks, is the buyer of the condo. Simon Mass represents Achiuwa in the deal through TCS Miami. On the selling side, David Martin and Russell Galbut represent their respective companies, Terra and GFO Investments, with Douglas Elliman handling in-house sales for the property.