Soccer legend Lionel Messi, who recently signed with Inter Miami CF, has made waves in the real estate market with his $10.75 million purchase of an estate in Fort Lauderdale’s prestigious Bay Colony. The acquisition has not only attracted the attention of sports enthusiasts but also real estate experts, who predict a positive impact on the local housing market.
The 36-year-old forward’s move to Inter Miami CF after his victorious World Cup campaign in Qatar has ignited “Messi Mania” in Miami, with fans flocking to support the team and purchase merchandise. While the real estate market may not experience the same level of frenzy, industry insiders believe it’s not immune to the hype generated by the global sports icon.
Chad Carroll of the Carroll Group at Compass remarked that a high-profile buyer like Messi, with an enormous international following, becomes a magnet for attention. Since news broke about Messi’s house-hunting venture in Fort Lauderdale and the subsequent purchase in Bay Colony, all eyes have been on the area. Carroll added that Messi’s presence as a new high-profile neighbour will further elevate the neighbourhood’s exclusivity, which is already among the city’s most sought-after.
Bay Colony, an island community featuring approximately 100 waterfront mansions, has a reputation for attracting boating enthusiasts and those seeking maximum security, thanks to its 24-hour guard-gated entrance. According to Zillow, the average home price in this area is $4.6 million.
Samuel and Donna Simpkin of Compass’s Team Simpkin, who represented Messi and his wife, Antonela Roccuzzo, and serve as the exclusive real estate agents for Inter Miami CF, believe that Messi’s presence could stimulate a stronger demand in the community. It might also establish a new price benchmark for future sales.
Messi’s new Fort Lauderdale estate boasts eight bedrooms and nine-and-a-half bathrooms, spanning nearly 10,500 square feet. The global soccer icon’s move has not only elevated the profile of Inter Miami CF but has also put the spotlight on Bay Colony, making it a noteworthy destination in the world of luxury real estate.
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