Pat Riley Sells Amazing Waterfront Mansion for $16.75 Million (Photos)


Pat Riley Sells Amazing Waterfront Mansion for $16.75 Million (Photos)When you gain a reputation as a winner in the NBA, you typically rake in a good chunk of change. Pat Riley can certainly attest to such.

The Miami Heat president and his wife, Christine Riley, have decided to sell their incredible waterfront mansion, though. The estate, which sits on roughly two acres, fetched $16.75 million, although the couple were reportedly seeking $23 million for it.

The Rileys originally purchased the Florida mansion for $6.3 million in 1996, and will likely now reside in their penthouse at Apogee South Beach. The penthouse is surely amazing as well, but who wouldn’t want to live in a waterfront mansion.

A hat tip to CNBC’s Darren Rovell for pointing out this development.

Click here to see photos of the mansion that Riley recently sold >>

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