marco-rubio-water-bottle-state-of-the-union-gif

It was the sip heard round the world when U.S. Sen. Marco Rubio took a quick water break during his rebuttal to President Obama’s State of the Union address last night. Of course, as people tweeted and posted post-mortems of the garish gulp, it came to light that Rubio is selling his West Miami two-story for $675K.

Rubio Home

The Rubio family home, which is in the same neighborhood Rubio grew up in, was purchased in 2005 for $550,000, according to a story from Yahoo! Homes/Zillow contributor Laura Vecsey.

Rubio Backyard Rubio Kitchen Rubio Living

 

The 2,600-square-foot home has four bedrooms, three-and-a-half baths, plenty of living space, and an open floor plan. There’s a spectacular pool, as well as a covered patio in the backyard, which is perfect for entertaining fellow statesmen and high-profile campaign contributors

I’d say that, if this home were in Dallas, We’d probably spot it in Devonshire or Greenway Parks. What do you think?

marco-rubio-water-bottle-state-of-the-union-gif

It was the sip heard round the world when U.S. Sen. Marco Rubio took a quick water break during his rebuttal to President Obama’s State of the Union address last night. Of course, as people tweeted and posted post-mortems of the garish gulp, it came to light that Rubio is selling his West Miami two-story for $675K.

Rubio Home

The Rubio family home, which is in the same neighborhood Rubio grew up in, was purchased in 2005 for $550,000, according to a story from Yahoo! Homes/Zillow contributor Laura Vecsey.

Rubio Backyard Rubio Kitchen Rubio Living

 

The 2,600-square-foot home has four bedrooms, three-and-a-half baths, plenty of living space, and an open floor plan. There’s a spectacular pool, as well as a covered patio in the backyard, which is perfect for entertaining fellow statesmen and high-profile campaign contributors

I’d say that, if this home were in Dallas, We’d probably spot it in Devonshire or Greenway Parks. What do you think?

The Ritz Carlton Residence Sarasota

The Ritz Carlton Residence Sarasota

I’m doing something rather unconventional here. I am cutting and pasting in an entire story as I found it on the web. Read, please:

Texas Multimillionaire logs rare loss on Ritz Tower sale

Donald J. Carter recently sold a 3,700-square-foot condominium in the Ritz-Carlton Tower Residences for $1.25 million, or $64,000 less than he paid in June 2004.

But don’t worry about Carter.

The multimillionaire real estate investor and former majority owner of the Dallas Mavericks NBA basketball franchise has made out pretty well on his investments at the Ritz.

Carter, who made a fortune reselling commercial properties purchased after the savings and loan crisis, spent $49.5 million to buy 24 units in the Tower Residences during the 12 months after the building came out of the ground in 2003. His median purchase price was $1.96 million.

Since then, Carter has sold 21 of the units for just over $59 million and a median price of $2.5 million.
He still owns the 5,275-square-foot penthouse unit on the 18th floor that he bought $3.257 million.

Carter, well known for standing on the Mavericks’ sidelines wearing a cowboy hat, founded the expansion team along with Norm Sonju in 1980.

He put up the $12 million expansion entry fee, an investment that earned him about $125 million when he sold the team in 1996 to an investment group led by H. Ross Perot, Jr. Carter is now a minority owner.

After the Mavericks won their NBA championship earlier this month, it was Carter — not Mark Cuban, perhaps now the most prominent investor in the team — who accepted the trophy from Commissioner David Stern.

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OK, tell me, do you read this and think we are talking the Ritz Carlton DALLAS?  Or rather, the Residences at the Ritz Carlron Dallas? I sure did, and thought I was slipping. I checked DCAD and saw that Donald Carter owns ZERO condos at the Residences at the Ritz Carlton Dallas.

This story makes it seem like the Ritz is putting condos on the Filene’s basement chopping block fire sale, which I know is not the case because I have personal knowledge of two sales. So I emailed Kyle Crews, who tells me Don Carter owns nada at the Dallas Ritz. Kyle contacts the writer who wrote the story an he says, oh we were talking about the Ritz Carlton Residences Sarasota, FLA, not Dallas. Now it may say that in a paper headline somewhere, but that little factoid did not make it onto the web story. So I was confused, and others were confused as well, and The Residences at the Ritz Carlton Dallas is asking the reporter for a retraction.

But then, since Carter’s made about half a million on the 21 units he has sold from his 24 unit inventory, maybe we should just pretend yes, this IS Dallas!

Want to win my heart for Valentine’s Day? Then snap up this little $65 million dollar estate on 8.04 acres on Jupiter Island, not too far from Tiger Wood’s estate.¬† Ariana Huffington, you should really consider this home as a great investment with your new millions. 9 bedrooms, 13.5 baths, 17,825 square feet. 172′ of oceanfront & 370′ on the Intracoastal Waterway with 6 buildings including garage space for 17 cars. Main house overlooks the Intracoastal, with formal living & dining rooms, great room, gourmet kitchen, wine room, library, den & combined media room & game room. Grill house adjoins a 50′ pool overlooking the Intracoastal, with tennis court nearby. Coach house features 4 car garage down, with 3 bedrooms, 2 baths kitchen and living room. Carriage house includes 6 car garage down, with gym & office up. Oceanfront guest house offers 2 bedrooms, 2 baths, kitchen and living room with something you wont need here, a fireplace. Boat shed will park 7 cars, or any combination of cars & smaller boats. Dock will accommodate a large yacht & includes 2 boat lifts for smaller craft. West lawn allows for a 5500 SF Putting Green with 1 Bunker & 1 Tee set up for 80 yd Pitch shots.

More North Texas real estate news. The coach of the New Orleans Saints is not leaving the Saints to join the Cowboys, but he is moving his family to Vaquero, in Westlake,  from New Orleans, according to The Times-Picayune. Sean Peyton apparently has bought (or plans to buy) a home and plans to enroll his children in school in their new Texas neighborhood toote suite. According to ESPN, Payton became interested in Vaquero when he lived in nearby Southlake, during his tenure as an assistant coach under Bill Parcells with the Cowboys.

So how’s he going to get to work? Easy. Private jet. Payton estimates that flying on a private plane is 90 minutes door to door from his office at the Saints complex to the family’s new home. He and his wife, Beth, apparently intend to eventually retire in North Texas. This is the deal Payton wanted all along, but the T-P reports that Saints owner
Tom Benson insisted on the entire Payton family living in New Orleans.

Well, all that is changing. Oh and the Payton’s have a second home on the Gulf Coast in Watercolor, Florida, one of my very favorite second home haunts. (See photo of the house.) Moved in Memorial Day, 2009. I can tell you this: Tony Romo will probably not be taking his fiance, Candice Crawford, to this beach bungalow, like he did Jessica Simpson in 2009. The locals say she was clomping all over the Boardwalk in her four-inch stilettos.

Next up: which Vaquero home is he buying. I swear, Vaquero: Home of the Sports Superstars.  Or maybe, TMT: Too Much Testosterone. Forbes listed it as the most affluent neighborhood in the entire country!

Troy and Rhonda Aikman are, I guess, Dallas’s version of Tiger and Elin Woods, give or take some drama and a little less real estate.¬† Which totally reminds me that I have this exclusive shot of Tiger’s newly constructed backyard Olympics playground on Jupiter Island. You will not believe this place. Jupiter Island, I’m told, simply has to be seen to be believed. (I’m trying to get out there.) But here’s the inside scoop on this $50 million dollar prime Florida play land just completed by Tiger:

Besides his own personal golf course, Tiger’s outdoor exercise and training facility has a monster 100-foot length swimming pool, a separate 60-foot diving pool, and of course, the spa.¬†The separate swimming pools alone run an unheard of 160 feet, or the entire width of the house. There is also a full tennis/basketball court plus training track facility on the Aqua Complex. Now this doesn‚Äôt even include the inside workout facilities, which are state of the art.

Tiger was also very concerned about privacy, apparently. Most large¬†Jupiter Island estate homes have waterfall resort-style stone pools with lots of free form space for lounge chairs and entertaining, all to see and be seen. And these luxury pools are built with the Intracoastal or Atlantic Ocean view right behind them — waving to the yachts that pass by a fun past time. But Tiger‚Äôs deck is built with practically no space to lay out or entertain. (Concerns over skin cancer, perhaps?)¬† The view is of his own golf course with the Intracoastal practically a mile away. Tall trees block the course from view. The backyard was clearly built for professional training and Tiger didn‚Äôt waste any space.

And locals tell me that Tiger keeps pretty much to himself, mostly in his home. He has never been seen anywhere, not in the Gardens Mall in¬†Palm Beach Gardens , not in any restaurants golf courses or even at the¬†Bears Club .¬† Guess he’s just working on his game there is paradise 24/7. Oh if this photo is too small, click here for a bigger one.

I almost did not post this foreclosure, and while I have some issues with the kitchen — what in bejesus were they thinking with those wood cabinets, all beach house kitchens need to be white! — and the master bath looks like it might get you a good bash on the head if you get in after a few too many Mojitos, I will fix said issues for that Bay view right from the porch. (Not giving up the Top Shelf.) Mix me up a pitcher of anything with booze in it, rustle up some cheese and Carr’s wafers, and let’s enjoy the sunset. One acre, across from beach, 2420 square feet, three bedrooms, two baths, garage and bonus room with bath. Bank-owned at $252,000.

OK, painting party on Saturday — that green gives me indigestion! But man oh man, let the bank throw in some Sherwin Williams and camel hair brushes, I am so signing on the dotted for this number.

You do recall former NBA champ Michael Jordan.¬† Not only is he known as “the greatest basketball player of all times” but he is gaining a rap as the greatest home builder of all times! Jordan is completing a 28,000 square foot mansion in The Bears’ Club, Palm Beach County, Florida, near where Tiger Woods just completed his grand estate. The builder: Lavelle Builders out of Jupiter, Fla. Of course, Tiger’s estate is surrounded by water on three sides to,¬† perhaps, keep the paparazzi (among other things) at bay. Jordan’s mega-mansion, which is still under construction, is not even close to the water. But it now goes down as one of the largest, most expensive homes ever built in Florida that is not on the water, says real estate agent Jeff Lichtenstein of Christie’s Great Estates and Illustrated Properties. Lichtenstein knows of what he talks: he sells real estate in the Palm Beach area, which is notoriously filled with high net worth people who like to enjoy a second or third home here because here they have it all: a backyard marina for their yachts, sea, beach, and plenty of gorgeous Florida sunshine.

Oh yes, and I almost forgot: golf.

Though waning with the general population, the wealthy still love to tinker on the greens. Jeff’s father, Cary Lichenstein, was a golf rater for GolfWeek Magazine and has been playing since he could walk. In fact, he lives so close to Jordan — in Admiral’s Cove – the elder Lichenstein could lend a hammer or nail to the twenty million dollar project.

The Jordan home will have 11 bedrooms, sits on a three-parcel site right in the backyard of the uber exclusive (and hard to get into) Bear’s Club. Let me put it to you this way: it costs $350,000 just to call yourself a member of the club. The area is loaded with courses designed by Jack Nicklaus, but he personally plays at Bears Club — so basically this area is golf nirvana and the membership list is a regular Who’s Who…¬† stars, Fortune 400 execs, and the Nicklaus family.There are 55 residences ranging from $4 million on up to, well, probably Jordan’s home. When complete, Jordan’s mansion will be a contemporary with Spanish-style roof — this I have to see. It will have four separate structures: A main house, a guardhouse, a guesthouse and a poolhouse for the mammoth swimming pool. In other words, the largest spread in the ‘hood.

Neighbors once included chanteuse Celine Dion, who ran into a few problems with her HOA over her desire to add a commercial recording studio or music room to her property — deeds are so tough in this ‘hood that even if a home burns down, you have to re-build it to look just like the original home. I mean, can you imagine the disaster if a Mediterranean went up right next to — another Mediterranean?

Jordan paid $4.8 million for the land and is spending an estimated $7.6 million for the construction. The Lichtenstein boys estimate that the total booty will top $20 million, and they worry a bit about re-sale value:

“It would be interesting to see what the Jordan home resells for, being that its location, while great for MJ’s privacy, is not ideal for resale to the usual trophy-and-yacht buyer,”says Jeff.

Only his banker knows for sure!