The Mediterranean-style home (pictured at the bottom of this post) has more than 13,000 square feet of living space and comes with a one-bedroom guesthouse, an air-conditioned doghouse, two cabanas and an outdoor jacuzzi that sits with a view of 150-plus feet of bay frontage.
There's also a tennis court that he's planning on converting to a basketball court, reports the "Wall Street Journal."
"The home is absolutely gorgeous. Seeing everything it is beyond what one can imagine," Salom told HousingWatch. She says that when she first saw the home, which sits on one acre, she knew this was the one for Wade, who had previously viewed more than 50 homes up and down the coast.
"We would leave at 9 o'clock in the morning and come back at 9 o'clock at night and be exhausted. They were all beautiful homes, but they didn't fit his needs and his style," Salom said.
This home was not officially on the market when Salom previewed it for Wade, who was in Chicago at the time. He agreed to purchase it without visiting the property.
"That is amazing trust he has in me," she said.
Ralph Arias and Mirce Curkoski of One Sotheby's International Realty with Carlos Justo, represented the seller, insurance agent Mel Harris. The "Miami New Times" has pictures, but Salom says the exterior of the home has been updated since those pictures were taken.
Wade's home purchase marks something of a real-estate rebound for the NBA star. Earlier this year HousingWatch reported that the NBA guard dropped the price of his 9,000-square-foot, six-bedroom contemporary colonial. It was originally listed for $8.9 million and eventually was marked down to $4.599 million, according to Luxist.
Wade's new house is near the new $12.5-million home of his teammate Chris Bosh, who scored a his deal at about a 25 percent discount from its $16-million listing.
See other homes for sale in Miami Beach, FL at AOL Real Estate.
See rentals in Miami Beach, FL at AOL Real Estate.
These AOL Real Estate guides can help, no matter whether you choose to buy or sell:
- How to Negotiate Your Home Purchase
- Home Value: What the Web Can and Can't Tell You
- First-Time Homebuyer's Guide
- How to Price a Home to Sell Fast
- How to Get a Low Mortgage Rate
More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
Get property tax help from our experts.
Comments may refer to photos no longer available for viewing at this site.