Updated Sep 23, 2026
Dwyane Wade & Gabrielle Union Sell Miami Beach Single Family Property For $22M
5980 North Bay Road, Miami Beach, FL, USA
$22,000,000
$1,594/SF
Building Size
13,800 SF
Asset Type
Single Family Residence
Closing
Jun 1, 2020
About this deal
AI
A single-family property located in Miami Beach was recently sold for a staggering price of $22,000,000. The property, covering an area of approximately 1 acre, boasts a spacious interior spanning 13,800 square feet. This impressive sale was completed in June 2021 and attracted attention in the Miami Beach market.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $22,000,000
- Acres: 1
The sellers of this remarkable property were none other than Dwyane Wade, the renowned basketball player, and Gabrielle Union. Both individuals played a significant role in the sale, representing the sellers throughout the transaction. The sale price of $22,000,000 reflects the value and desirability of this stunning property.
On the Map
$22,000,000
$1,594/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.72%
Cash-on-Cash
-0.21%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93