Ex-Miami Heat star sold the waterfront house for $13.4M eight years ago

LeBron James’ former waterfront estate in Coconut Grove traded for $18.5 million, a 44 percent increase compared to its sale price in 2021.

Jeff Conry, former president of the charter airline iAero Airways, and his wife, Sherianne Conry, sold the six-bedroom, eight-and-a-half-bathroom home at 3590 Crystal View Court in Miami, property records show. John Lie-Nielson and Darling Nielsen bought the nearly 14,000-square-foot mansion.

3590 Crystal View Court (Getty, 1OAK Studios/Richard Novak)

John Lie-Nielson is founder and CEO of One Park Financial, a Coconut Grove-based financial firm. He and his wife financed the deal with a $13 million mortgage from Bank of America.

The Conrys paid $12.8 million for the nearly half-acre property in May of 2021. The mansion was built in 2010.

James, the four-time NBA champion who played for the Miami Heat between 2010 and 2014, sold the house in 2015 for $13.4 million. Last year, the Los Angeles Laker paid $9 million for a condo at Estates at Acqualina in Sunny Isles Beach.

The Crystal View Court property has 80 feet of water frontage on Biscayne Bay, a private dock, pool, gym and spa, and a three-car garage, according to the listing. Jason Zarco of Berkshire Hathaway HomeServices EWM Realty represented the Conrys as their listing agent. Christina Cuervo with C Realty Group represented the buyers.

Zarco had the mansion on the market for $20.5 million. Zarco, who declined to comment on the buyers’ identities, said that the deal went under contract within six weeks of hitting the market.

“The reason we got such a premium [is] there’s nothing on the open bay that’s in great move-in condition in the $20 million range,” he said. His clients are downsizing, he added.

Jeff Conry kept the guest house as it was when James owned the property, with the addition of branding the suite with King James wallpaper and laser edging on the door, Zarco said.

3590 Crystal View Court (Getty, 1OAK Studios/Richard Novak)

In October, investment manager James Star, who is married to a member of the billionaire Crown family of Chicago, paid $18 million for the nearby waterfront lot at 3323 Poinciana Avenue in Coconut Grove. That property traded for more than 200 percent above its sale price two years ago.