Precious Achiuwa just bought a home in South Beach



This NBA player’s new home — in South Beach’s tallest tower — is a slam dunk.

Precious Achiuwa has just bought a two-bedroom, 2.5-bath condo at Five Park Miami Beach, a 519-foot-high, 48-story residential tower at 500 Alton Road, Gimme Shelter can reveal.

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The purchase of the new aerie could be another sign that the New York Knicks are not expected to re-sign Achiuwa, a free agent as of June 30.

Precious Achiuwa. NBAE via Getty Images
The building stands tall along the shores. Courtesy Five Park Miami Beach
A similar kitchen included in the building’s two-bedroom units. Antonio Tur

Achiuwa was drawn to the unit for its location and views, as well as its “luxury and tranquility in the heart of Miami, yet it still feels private and peaceful,” he told Gimme in an emailed statement.

While the final price is not yet known, similar two-bedroom units in the tower range from $2 million to $3 million. The 1,451-square-foot nest comes with a 448-square-foot terrace. Inside, there are 10-foot-high ceilings, a chef’s kitchen and a large primary bedroom.

Achiuwa hired Adriana Hoyos for the interior designs.

For real estate players who want in on the game, a $22 million penthouse in the tower, designed and furnished by Interior Marketing Group, has just hit the market. The spacious residence is 5,888 square feet, with four bedrooms and 6.5 baths.

The tower was designed by Arquitectonica with interiors by Gabellini Sheppard.

The edifice also includes 50,000 square feet of amenities. There’s a sixth-floor pool deck, as well as a residents-only social club on the 26th floor, designed by Andy Andrei, with private dining, a library den, outdoor terraces, and wellness and gym areas.

Achiuwa’s unit will look similar to this lavish space inside the development. Antonio Tur
This being South Florida, there are dazzling resort-style amenities. Michael Munty

The tower is from powerhouse developers David Martin, of Terra, and Russell Galbut, of GFO Investments and, said Martin, it “embodies the city’s global identity.” 

Achiuwa was repped by Simon Mass of TCS Miami; Five Park Miami Beach in-house sales are led by Douglas Elliman Florida.


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