Updated Jan 16, 2026
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
About this deal
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:
- Property Type: Single Family
- Transaction Amount: $3,200,000
- Buyer: Ja Morant
- Seller's Representative: Stefan Segall - Compass
- Buyer's Representative: Alexia Perez - Coldwell Banker
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.
On the Map
$3,200,000
Single Family
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Players
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