By Paul Owers via sunsentinel.com
Former NBA star Scottie Pippen is selling his Fort Lauderdale palace for $16 million.
The nearly 10,000-square-foot home in the exclusive Harbor Beach subdivision has been on the market for about two years now. Former Miami Dolphins quarterback Dan Marino saw how tough the housing market is; he needed more than five years to sell his Weston home for $7.2 million -- less than half of his original asking price.
Pippen's six-bedroom home with 215 feet of water frontage is "extremely special," but it will take time to sell, listing agent Barbara Panton said, adding that the average market time for luxury properties across the U.S. is three to four years.
"There are not that many ready buyers," she said. Panton said Pippen has listed it on and off since January 2009. She said Pippen hasn't shown any interest in reducing the asking price. The photos above are from the MLS listing.
One Broward County real estate broker says Pippen and wife Larsa, star of The Real Housewives of Miami, have an especially tough sell because the house was built on a double lot and looks across a canal. It’s a magnificent home, but it should have been built closer to the Intracoastal Waterway, the broker said.
Pippen – Robin to Michael Jordan’s Batman with the Chicago Bulls in the 1990s – paid $1.34 million for the house in 2000, property records show. Pippen and Jordan won six NBA titles together. Pippen was inducted into the Naismith Memorial Basketball Hall of Fame last year. His presenter Jordan, of course.