D-Wade's World on the Auction Block
Dwyane Wade's Pinecrest mansion is up for auction
By TODD WRIGHT
Updated 2:59 PM EDT, Fri, Nov 20, 2009
It's the real estate listing every Miami Heat fan fears.
A quaint 11,611 square foot, 7-bedroom, 7.5-bathroom Pinecrest estate with a DC Comics superhero-themed pool up for auction.
It's owner?
The auction listing on BillionaireXchange.com has been up since Nov. 13 and expires on Dec. 13.
Woe is Heat fan.
While selling his house isn't a guarantee Wade is high-tailing it out of town at the end of the season when he becomes an unrestricted free agent, it can't be interpreted as a positive sign.
Wade has already turned down Pat Riley's best offer for a contract extension and moaned and groaned this offseason about the team adding pieces this year in order to keep him. Well that didn't happen, unless you count signing journey man Carlos Arroyo, but we don't think that's what Wade had in mind.
Now Wade is looking for moving boxes.
Maybe he and Gabrielle Union needed a bigger place to put all her baggage, er, shoes. Or maybe Wade just wants to share a little piece of him with an independently wealthy fan.
The mansion has Wade written all over it, quite literally.
The outdoor pool has the word "Flash" engraved at the bottom with two No. 3s on either side. Along with the lavish adult bedrooms, two rooms for children have murals of Wade and Baby D-Wade playing hoops on a playground.
Alex Shay, real-estate broker to most of Miami's stars, said the asking price for D-Wade's playground has dropped from $8.9 million to $3.3 million. Wade paid almost $4 million for the property in 2005.
BillionaireXchange lists the starting bid at $4.6 million
Wade recently bought a rather understated pad in his hometown of Chicago, so maybe he is just trying to go back to his humble roots.
So far no one has bid on the Miami property, but 4,500 people have looked at the listing.
We hope on of them is Riley, who will then flip the property and offer it as part of a new contract to keep Wade in Miami.
First Published: Nov 20, 2009 1:38 PM EDT
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