Juwan Howard has sold the Coral Gables mansion he spent more than a decade creating, closing the deal on November 2, 2026, for $25 million. The sale ends an unusually long chapter for a celebrity home: Howard bought the land in 2013, demolished the house that stood on it, and replaced it with a custom-built modern mansion that was only completed in 2025–26. The property sits in Journey’s End, one of the most private gated communities in Coral Gables, Florida — an enclave of just 18 estates set on the water.
The final price came in well below the original ask. The mansion was first listed in September 2025 at $31.5 million, then reduced to $28.9 million before a buyer agreed to $25 million. Even with the cuts, it ranks among the notable South Florida sales of the season, and it closes the book on a build that Howard oversaw from raw land to finished home. The buyer has not been publicly identified.
A Custom Build More Than a Decade in the Making
Howard bought the property in December 2013 for $3.4 million. At the time, the lot carried a 1970s house; rather than renovate it, he had it demolished and commissioned an entirely new residence. The design came from Kobi Karp, the Miami architect behind many of South Florida’s best-known modern homes, and the finished mansion was completed in 2025–26.
That timeline matters for understanding the sale. This was not a quick purchase-and-flip. Howard held the land for roughly twelve years, carried it through design and construction, and put the finished house on the market within about a year of completion. Custom builds of this scale in Coral Gables are rare in Journey’s End, where most of the 18 estates are older homes on large waterfront lots, which made the listing stand out from the moment it launched.
Inside the House: 10,200 Square Feet on 1.73 Acres
The completed mansion measures roughly 10,200 square feet, with seven bedrooms and seven and a half bathrooms. The lot spans 1.73 acres — a generous footprint even by the standards of the neighbourhood — inside a waterfront enclave where homes come with access to a community marina and boat slips, as reported in the listing coverage.
The architecture follows the modern South Florida formula that Kobi Karp is known for: flat rooflines, walls of glass, and indoor rooms that open directly onto terraces and water. In a community built around boating and bay access, the outdoor side of the property carries as much weight as the interior. Journey’s End is guard-gated and deliberately low-profile, and its small size — 18 estates in total — is a large part of its appeal to buyers at this level.
The Price Path: From $31.5 Million to $25 Million
The listing launched in September 2025 at $31.5 million, an ambitious figure even for new construction in Coral Gables. When the market did not meet it, the price was cut to $28.9 million, and the eventual deal closed at $25 million — about 21 percent below the original ask.
That pattern is familiar across the top of the Florida market right now. Sellers of one-of-a-kind custom homes often open high, then negotiate down to where serious buyers actually are; the recent Jelly Roll Tennessee mansion listing followed a similar arc, with a headline price doing more work as marketing than as a prediction. The listing was handled on the seller’s side by Lauren and Toni Schrager of Brown Harris Stevens, while the buyer was represented by Carla Defortuna and Carolina Cuadra of Fortune Christie’s.
What the $25 Million Does and Does Not Say
It is tempting to set the $25 million sale price against the $3.4 million Howard paid for the land in 2013 and call the roughly $21.6 million difference a profit. That math does not hold, and it is worth saying plainly: the construction cost of a 10,200-square-foot custom mansion designed by a name architect is not public, and neither are the carrying costs of a twelve-year hold. Demolition, design fees, permits, landscaping and years of taxes and maintenance all come out of that gap before any profit figure could be calculated.
What can be said is narrower and still significant: a newly built modern estate in a supply-starved enclave of 18 homes found a buyer at $25 million, and the land alone had appreciated substantially since 2013. Beyond that, any return figure would be guesswork dressed up as arithmetic.
Howard’s Life After the Build
Howard’s connection to South Florida runs deep. A former NBA All-Star and a member of the celebrated Michigan “Fab Five,” he won two NBA championships with the Miami Heat late in his playing career and stayed in the region afterward. He later returned to Michigan as head coach of the Wolverines, and he is now working in the NBA again as an assistant coach with the Brooklyn Nets.
A coaching career that moves between cities rarely pairs well with a twelve-year construction project, and the sale fits a familiar pattern: a home built for a settled chapter gets listed once work takes its owner elsewhere. The Coral Gables mansion now passes to a new owner whose identity has not been disclosed.
More Big-Ticket Home Sales
South Florida is not the only market producing headline numbers this season. In New York, the Oheka Castle auction reached a $72 million winning bid, while in Los Angeles a Beverly Hills mansion was relisted at $70 million — a reminder that at the very top of the market, the first asking price and the final number are often two very different things.
Frequently Asked Questions
How much did Juwan Howard sell his Coral Gables mansion for?
The mansion sold for $25 million, and the deal closed on November 2, 2026. That was below both the original $31.5 million asking price from September 2025 and the reduced price of $28.9 million.
Where is the mansion located?
It is in Journey’s End, a gated waterfront community of 18 estates in Coral Gables, Florida. No street address is published here. The community offers residents access to a marina and boat slips, as reported in coverage of the sale.
When did Howard buy the property, and what did he pay?
Howard bought the land in December 2013 for $3.4 million. A 1970s house stood on the lot at the time; he demolished it and built a new custom mansion, designed by architect Kobi Karp and completed in 2025–26.
How big is the house?
The mansion is about 10,200 square feet with seven bedrooms and seven and a half bathrooms, on a 1.73-acre lot.
Did Howard make a $21.6 million profit on the sale?
That figure cannot be supported. The difference between the 2013 land price and the 2026 sale price ignores the cost of designing and building a 10,200-square-foot custom home, which is not public, along with demolition, taxes and other carrying costs over twelve years.
Who bought the mansion?
The buyer has not been publicly identified. The buyer’s agents were Carla Defortuna and Carolina Cuadra of Fortune Christie’s; Howard was represented by Lauren and Toni Schrager of Brown Harris Stevens.
