Michael Jordan made a significant investment in his Florida mansion yesterday, with reports suggesting a hefty price tag of approximately $16.5 million. Recently, the former NBA champion and astute entrepreneur acquired a new residence in Jupiter, a town located in Palm Beach County, Florida.

The impressive property, spanning nearly an acre of land, boasts opulent features and amenities. It includes five bedrooms, six bathrooms, a four-car garage, a guest house, and a club room. Situated within the prestigious Bear’s Club, a gated community renowned for its Jack Nicklaus-designed golf course, Jordan’s new mansion is located at 103 West Bears Club Drive.

The transaction was facilitated through an Illinois LLC owned by Jordan, with the sellers, Dr. Michael A. Murphy and Marla, transferring ownership to Bull & Bear LLC. Established in 1999 by Jack Nicklaus and his wife Barbara, the Bear’s Club is celebrated for its luxurious offerings and close-knit community.

Completed in 2017, Jordan’s new abode was represented by agents Jeremy Browne and Thomas Hughes. Meanwhile, Maria Prieto from Keller Williams Capital Realty, who also happens to be Jordan’s mother-in-law, managed the transaction for Jordan’s LLC.

Jordan and his wife, Yvette Prieto, currently reside nearby on a larger estate at 172 Bears Club Drive. This sprawling estate, spanning three acres, features a 28,000-square-foot home, along with a guard house, guest house, pool, basketball court, and gym.

Despite the high demand and a waitlist for membership at the Bear’s Club, available homes in the area are limited. Recent notable sales include Patrick Park’s estate for $19.8 million and Michael Grondahl’s mansion for $14.5 million, underscoring the desirability of this esteemed community.

An inside of Jordan’s opulent estates

Michael Jordan, renowned as one of the wealthiest athletes globally with a fortune surpassing $3 billion, has demonstrated prowess not only on the basketball court but also in astute investments and lucrative partnerships that have bolstered his wealth.

1. North Carolina Lakehouse
In 2011, Jordan acquired a picturesque lakefront property in Cornelius, NC, boasting panoramic vistas of Lake Norman. This stunning investment showcases Jordan’s transcendent status extending beyond his basketball career.

2. Highland Park
His illustrious Highland Park estate in Illinois stands as an icon, adorned with imposing gates bearing his legendary jersey number “23.” Spanning 56,000 square feet, the mansion features lavish amenities including a basketball court, cigar room, home theater, and game room. Originally listed for $29 million in 2012, it’s currently priced at $14.9 million.

3. Florida Mansion
In 2010, Jordan acquired land in Jupiter, Florida, where he erected a sprawling 28,000-square-foot mansion boasting 11 bedrooms, a media room, pool house, and state-of-the-art sports facilities. This impressive residence serves as the primary residence for Jordan and his family.

4. Penthouse Overlooking Lake Michigan
In 1992, Jordan invested in a breathtaking penthouse situated in Chicago, offering unparalleled views of Lake Michigan and the city skyline. With four bedrooms, five and a half bathrooms, and a private rooftop deck, this property exemplifies luxury living.

5. Utah Vacation Home
Nestled in Park City, Jordan’s vacation retreat spans 9,574 square feet and encompasses five bedrooms and eight bathrooms. The master suite boasts a balcony affording scenic vistas of the Wasatch Mountains and Glenwild Golf Club. Listed at $7.5 million, this luxurious abode remains available for discerning buyers.