Ivan Soto-Wright Acquires Chris Bosh's Miami Beach Mansion For $38M

The former Miami Beach mansion of Chris Bosh, the retired professional basketball player, has been sold in a closed transaction for approximately $38 million. The property, which is located in Miami Beach, is a single-family residential (SFR) asset with a total area of 12,400 square feet. The sale price translates to a price per square foot (PPSF) of $3,065.

Summary of transation details

• Property Type: SFR
• Transaction Amount: $38,000,000 (approx.)

The buyer of the mansion is Ivan Soto-Wright, the founder of MoonPay, a cryptocurrency infrastructure company. Soto-Wright purchased the property through his real estate agent, Dina Goldentayer, who is affiliated with Douglas Elliman. On the other side of the deal, the seller's representatives were Albert Justo and Mirce Curkoski of The Waterfront Team at One Sotheby’s International Realty.

It is noteworthy that Chris Bosh initially sold the mansion for $14 million in January to AquaBlue Group. AquaBlue Group then listed the property for $42 million before it was acquired by Ivan Soto-Wright.

This transaction has also garnered attention due to the financial success of MoonPay. The company raised $555 million in funding in November, resulting in a valuation of $3.4 billion.