Pat Riley, the former NBA coach, player and current president for the Miami Heat, has recently sold his Biscayne Bay waterfront house for $16.75M according to the South Florida Business Journal.
Riley’s huge Gables Estates house was built in 1991 and has 12,856 sq-ft with 5 bedrooms and 8 bathrooms. The massive Mediterranean style home sits on an 80,150 sq-ft waterfront lot that overlooks Biscayne Bay and is surrounded by water on 3 sides, making it one of the most coveted peninsular-like bay front locations around. The home also features a library with fireplace, wine cellar, an elevator, sauna, spa, intercom system throughout, an onsite guard, upstairs Master Suite, and a theater room with 103″ plasma TV. Outside Riley’s estate you can take in the serenity of the Bahamas while enjoying the private sandy beach, manicured gardens, rolling lawns, protected boat dockage, and a resort style pool with waterfalls and aqua bar.
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