Miami Heat Guard Ray Allen Purchases Coral Gables Mansion

iMiami Heat guard Ray Allen purchased a Coral Gables mansion which he was previously renting. The mansion was previously owned by Billionaire entrepreneur Miguel Fernandez. Ray Allen is currently a free agent who is considering retirement. 

The home sold for $11 million to a trust managed by Orin Mayers who is Allen’s business manager. The 11,533 sq. ft. house is located at 5 Tahiti Beach Island Road and includes a private beach. It features a library, marble and wood flooring, an elevator, an exercise room, a sauna and a spa bath. Fernandez, who is the chairman of MBF Healthcare Partners, had the home on the market for over two years.

Details of 5 Tahiti Beach Island Road, Coral Gables:

  • Bedrooms: 10
  • Bathrooms: 9.5
  • 11,533 Sq. Ft. of Living Space
  • 37,374 Sq. Ft. Lot