Non-waterfront mansion went for nearly double last year’s sale price
Weeks after dropping a career-high 41 points on the Houston Rockets, Miami Heat guard Tyler Herro just set a record off the court.
Herro paid $10.5 million for a non-waterfront home in Pinecrest, The Real Deal has learned. A company managed by Jeffrey Cahill sold the eight bedroom, eight-and-a-half bathroom mansion off of Southwest 124th Street to a trust managed by Ronald Brown II, property records show. Herro is the owner of the trust, according to a certificate of trust.
The NBA player’s trust financed the purchase with a $7.4 million mortgage from HSBC Bank.
The sale exceeds the $10.3 million Pinecrest record set earlier this month by the sale of 6155 Southwest 106th Street.