Miami Heat Forward Puts Home Up for Auction

By Ryan Jackson

Showing that timing is everything, Miami Heat forward Mike Miller, who is battling with his team in the east coast conference series Miami Mansion up for Auction against the Boston Celtics to get into the NBA finals, is putting his Miami mansion up for auction.

Miller, whose team lost to the Celtics last night, which makes The Heat down by 1 game in the playoffs wants to sell his Miami coastline estate, but said he hasn’t gotten any offers worth accepting. So he’s putting the Hillsboro Shores mansion up for auction. It will sell to the highest bidder regardless of price.

The auction will be held June 30th for the six-bedroom oceanfront home in Pompano Beach. “We’ll see how this goes,” he said. “I’m in it to move on to the next step.”

The estate sold for $12 million when the area’s real estate market was flying high, but it had been listed for sale for $9 million before being slated for auction. Miller purchased the home for a cool $5.4 million in 2010.

The estate features two gourmet kitchens, a cigar and wine room, custom aquarium and a swim-up pool bar, a media room, game parlor, wet bar, marble fireplace, custom aquarium and a home audio and video system. It has three levels of living space, totaling nearly 9,000 square feet. There are 6 bedrooms, 8 full and 2 half baths.

The outdoor living area features a swim-up lap pool bar and a newly built entertainment lounge. There’s also a 100 ft. marble dock and two lifts for small watercraft, which could accommodate jet skis.

Miami Mansion up for Auction

Hillsboro Shores is just north of Fort Lauderdale and south of illustrious Hillsboro Mile, one of the most coveted residential waterfront locations in South Florida, also known as “Millionaire’s Mile” for the collection of mega-mansions that dot the coastline.

The property’s unique location allows both protected ocean frontage and large yacht dockage capabilities, a rare amenity for oceanfront property in the region.

Miller is under contract to the Heat for $5.8 million next season, but hasn’t seen much playing time in the playoffs with two additional years on his contract with the team. The Heat could release the forward this summer to ease their salary-cap issues.