Former National Football League quarterback Michael Vick and his wife, Kijafa Vick, recently sold their Davie home for $1.399 million, the full asking price. Real-estate agent Giselle Bonetti of Coldwell Banker Residential Real Estate in Weston represented the sellers in the transaction.
The 6,295-square-foot, two-story estate, at 12529 S. Stonebrook Circle, is located within the gated Stonebrook Estates neighborhood. It features six bedrooms, seven bathrooms, a chef’s kitchen with walk-in pantry and two Sub-Zero refrigerators, a master bedroom with sitting area and coffee bar, and a home theater. Built in 2005 on a lot just less than an acre, the property also has four garages, a freeform pool, spa, lounging areas and water views.
The estate was seen in VH1’s reality-television series, “Baller Wives,” a show in which Vick and his wife are cast members.
Stonebrook Estates is a popular choice for South Florida’s professional athletes to call home because it’s easily commutable to local sports stadiums and arenas, Bonetti said. The community offers privacy and security but is also close to private schools, shopping, restaurants and entertainment.
“It’s a sought-after community if you want to be in the heart of it all,” she said. “It’s not a cookie-cutter community. Every home is different.”
The sellers received multiple offers on the house, Bonetti said, but went with the best one, which wasn’t necessarily the highest. “We priced it to sell, which is why we got a full-price offer on it,” she added.
According to public records, the Vicks purchased the property in May 2013 for $1.32 million.
Vick played 13 seasons in the NFL, primarily for the Atlanta Falcons and Philadelphia Eagles, although he played one season each as well for the New York Jets and Pittsburgh Steelers. In 2007, he pleaded guilty of being involved in a dog-fighting ring and was sentenced to 23 months in federal prison.
In April 2018, Vick was named the offensive coordinator for the Atlanta team of a new professional football league, the Alliance of American Football, which kicks off in February 2019.
This seems to be an example of the exception and not the rule. Few people that I know of sell houses for a loss or for what they originally paid, as is the case with this situation. They’ve owned this house for 5 years of which time, South Florida has had one of its biggest real estate booms in history. Some areas even had appreciation of 7 to 10% in a single year. There has to be an underlying reason why this guy sells his house and doesn’t make any money? Could’ve been a duress sale o simply the old case of “I’m so rich, I don’t care, I just want to get out of here.” Who knows? It looks like it’s worth more than that to me. Most likely, this sale as the case of a high paid athlete just wanting to move and never thought of his house as a vehicle for profit but more so just a place to live. Even the Kardashians when they sell their house make $2, $3, $4 million a pop, and this guy breaks even after 5 years? As I said in the beginning, this is definitely the exception, and not the rule of real estate. Even if he made just 3% a year, he’d be making at least a minimum of $150,000 dollars. It appears he’s not even making that. What a sorry ass loser. I mean, I have to be honest. But then he’s probably made at least $10-15 million dollars a year for the last 15 years. I guess the ending of the story will be: Where did he move to and what did he buy?
About The Author
- Robert Louis Annenberg Is a 40 year seasoned property owner, manager, investor, builder/developer and business man who is also an author of five published books to date (Amazon.com) and the chief editor of LifeQuestJournal.com. He can be reached at: Info@RobertAnnenberg.com and (201) 289-2500.
- #15 Your Money2020.06.13Oil plunges 25%, extending recent losses as storage fills
- #3 The Annenberg Report2020.05.28Solve Problems…Create and/or Act on Opportunities!
- #16 Celebrity Gossip & Celebrity Real Estate2020.05.22Lori Loughlin, Mossimo Giannulli to plead guilty in college admissions scandal
- #4 Real Estate2020.05.14Winter Garden Village construction begins