NBA Star Kevin Durant's Former Miami Penthouse At 900 Biscayne Hits Market For $3.6 Million

The Golden State Warriors’ NBA superstar Kevin Durant’s one-time Miami pad where he shared neighbors such as Dwayne Wade and other NBA stars in 2015 has hit the market for $3,600,000. The penthouse is located high atop Downtown Miami’s 900 Biscayne and was sold by Durant in 2015 before renting at a record breaking $18,000 per month, the highest rental in Downtown Miami at the time. Durant personally renovated, remodeled and furnished the unit which has remained the same since.

The residence offers 3,793 SF of interior space and 1,000 SF of outdoor terrace space spread over 3 bedrooms, a private cinema, staff quarters and 4.5 Bathrooms. The penthouse also features a private elevator, custom mosaic-tile and floor-to-ceiling glass windows/doors throughout, and a gourmet kitchen with white lacquer cabinetry, Sub-Zero & Miele appliances, wine refrigerator, built-in espresso machine, ice maker, chef’s cooking island and an eat-in kitchen island. The spacious master suite includes sitting area, 2 custom walk-in closets, jacuzzi, glass-enclosed shower, dual vanity & water closet. The living spaces include expansive entertainment area with dining/living/great rooms and stunning bay and skyline views throughout. The penthouse is also upgraded with Creston & Savant systems w/Sonos server, Lutron lighting & Somfy shades.

900 Biscayne Bay, Apt. 6307 is currently listed for $3,600,000 with Michael and Jaimee Light of Miami Luxury Homes Group of Douglas Elliman.

Photos via Miami Luxury Homes Group at Douglas Elliman

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Some Outraged Downtown Residents Have Made A Move Against The City of Miami For Ultra & Formula 1 Proposal

Not everyone can always be happy, no sooner then Miami had made strides on the world stage to host the Formula 1 Miami Grand Prix in the streets of Downtown Miami, had a group of 11 residents moved against the city. Some Downtown Miami residents have teamed up and sought legal council combatting the city hosting Ultra Music Festival in Downtown's Bayfront Park and the city's bid to bring a Formula 1 race to the streets of Downtown and PortMiami as early as October 2019. The residents, who live in 50 Biscayne and Epic, have sent a Cease and Desist letter to the city. The proposed 2.57-mile course would run through Downtown Miami's Biscayne Boulevard, American Airlines Arena and PortMiami. The letter alleges that both the Formula 1 Miami Grand Prix and "mega events" such as Ultra Music Festival and Rolling Loud Festival, all violate the City of Miami's noise ordinance, which in turn negatively affects the health of nearby residents and their property values. 

Ultra Music Festival has garnered much attention for the city of Miami, helping aid to boost property values and tourism. If looking at cities such as Monaco, property values on the race course have been boosted by popularity and a condo-hotel such as Epic benefits greatly from major events in near proximity. The noise ordinance clause has been used against other Downtown venues including the nightclubs behind Marquis Residences, Ten Museum, One Thousand Musuem, 900 Biscayne and Marina Blue. The difference between the two cases is one targets events which bring millions of dollars of benefit to the city and its taxpayers, typically operating during the day, while the clubs in question operate at late night hours with resident complaints coming between the hours of 2 am and 6 am with private prosperity. 

Ultra Music Festival was sold out in 2018 with a record-breaking attendance of 165,000 and over 30 million online streams. Ultra Music Festival is renegotiating their lease for hosting the festival in Bayfront Park, with Miami commissioners asking for rent to rise to $2 million. Ultra Music Festival currently pays around $1 million annually to host the festival at the site. Formula 1 does not yet have a deal in place, although city commissioners approved the race in a unanimous 5-0 vote in May 2018. Formula One has 500 million global fans and currently hosts 21 races across five continents which are broadcast to over 1.8 billion viewers. Hosting a Formula 1 Grand Prix's economic impact on Montreal is around $65 million and Formula 1 claims the Formula 1 Miami Grand Prix could produce over $700 million annually for the city. Set-up time could take up to 3 months while clean up would take 2-3 weeks. The city expects to be sued over the matter. 

Featured Listing: Kevin Durant's Former 900 Biscayne Penthouse Asking $3.5 Million

Astounding views at a bit more attainable price than similar units on Miami Beach, PH6207 at Park West's 900 Biscayne in Downtown is asking $3.5 million. The unit is 3,793 SF and was formally owned by NBA superstar Kevin Durant. It features 3 bedrooms, 5 bathrooms, white glass and marble islands and floors throghout as well as white washed wood floors in the bedrooms, smart home technology, wraparound balconies and sweeping views of Key Biscayne, Biscayne Bay, Miami Beach and Sunny Isles.