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260 Northwest 47th Street

Ja Morant Acquires Single Family Home In Miami For $3.2 Million With Brokers Stefan Segall And Alexia Perez
SOLDSingle Family

Ja Morant Acquires Single Family Home In Miami For $3.2 Million With Brokers Stefan Segall And Alexia Perez

260 Northwest 47th Street

$3,200,000

Building Size

Asset Type

Single Family

Closing

Dec 26, 2025

AI

The property involved in this transaction is a single-family home located at 260 Northwest 47th Street in Miami, with a sale price of $3,200,000. The asset is situated in Miami-Dade County and is approximately four miles from the Miami Heat's Kaseya Center.

Summary of transaction details:

Ja Morant, the buyer and guard for the Memphis Grizzlies, acquired the home through a trust for which he is the listed executor. This purchase places him in close proximity to downtown Miami and the primary NBA arena in the city.

Players

Stefan Segall

Compass

Broker

$6.7M

vol

2 deals

Broker

Miami Single Family Market Snapshot

Boundary boundary · Single Family · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

4.96%

Cash-on-Cash

-1.42%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93