The Wall Street Journal - 20.09.2019

THE WALL STREET JOURNAL. Friday, September 20, 2019 |M3

Ms. Piazza said in an email that the family isn’t

moving back to Miami full-time, since their children

are in school in Italy.

The couple added in a statement that Miami Beach will

be their base in the U.S., and that they are “looking for-

ward to the ‘lockup and go’ freedom” of a condo. Ms. Pi-

azza declined to comment on whether the demise of the

soccer club affected the purchase.

In an area known as Mid-Beach, the Ritz-Carlton Resi-

dences, seen up top and in a rendering above, sits on the

former site of Miami Heart Institute. The project launched

sales in 2014 and was supposed to be completed by late

2017, but faced construction delays, said Mr. Sternberg.

Closings started this month. The building has sold about

80 of its 126 units, he said. —Candace Taylor

His Italian soccer team now de-
funct, Baseball Hall of Famer Mike Pi-
azza is buying a new home back in
the U.S., snagging a luxurious Miami
Beach condo for $5.6 million.
The retired catcher and his wife Ali-
cia Piazza are slated to close next week
on a sprawling unit at the Ritz-Carlton
Residences, Miami Beach, according to
Lionheart Capital, which is developing
the project along with equity partner
Elliott Management. The unit had been
listed at $5.795 million, Lionheart said.
With views of Surprise Lake and Bis-
cayne Bay, the three-bedroom apart-
ment measures about 3,800 square
feet, with outdoor space of roughly
3,100 square feet, according to Viviana
Junc of Douglas Elliman, which is han-
dling sales at the development. The Piaz-
zas also bought a one-bedroom “guest suite”
elsewhere in the building that had been listed
for $585,000, according to Ophir Sternberg
of Lionheart.
The Piazzas’ new condo is less than
half size of their previous Miami Beach
home: a six-bedroom Tuscan villa-style
house on Biscayne Bay about 2 miles away.
The Piazzas listed that home for $18.5 mil-
lion in 2017 after relocating with their three
young children to Italy, where Mr. Piazza had purchased
soccer club A.C. Reggiana 1919.
The soccer club declared bankruptcy in 2018 and is now
defunct, having been replaced by a new team, Reggio Au-
dace FC, according to a spokesperson for Reggio Audace.
The Miami Beach house is still on the market, and is
now priced at $14.75 million with Jill Hertzberg of the Jills
Zeder Group at Coldwell Banker. The Piazzas purchased
that house for $10 million in 2008, around the time Mr. Pi-
azza retired from baseball after 16 seasons, eight of them
with the New York Mets.

Baseball Greats on the Move

Barry Larkin and his wife Lisa Lar-
kin are relisting their Orlando, Fla.-area
home for $5.4 million, or roughly half
of what they sought when they first
put it on the market seven years ago.
The problem: The home isn’t for ev-
eryone. “It’s going to take a specific
buyer to see what we have
here,” said Mr. Larkin, the for-
mer Cincinnati Reds short-
stop.
In the affluent gated
community of Windermere,
the 14,477-square-foot lake-
front property has a two-story
entry foyer with twin glass stair-
cases, a domed ceiling, double aquari-
ums and a massive star-shaped tile mo-
saic on the floor. The couple opted for
glossy electric blue cabinetry in the
kitchen. More recently, they turned a
former baseball conditioning room into

a nightclub with a DJ booth for

their children.

The furnishings are bold

and bright. A movie theater

off the kitchen has purple

carpeting and red, blue and

purple columns.

The seven-bedroom home

also has a game room, a gym, a

professional recording studio and a

two-story window overlooking an out-

door pool. Outside, there is a sports

court and a covered boat dock.

The couple built the home in the

1990s. They spent several years build-

ing the home and

raised their three

children there, with

Mr. Larkin splitting

his time between

Florida and the Cin-

cinnati area.

The couple listed the home for $10.9

million in 2012, once their children had

mostly grown up. It has undergone sev-

eral price cuts since then, and was

most recently taken off the market in

September 2018, priced at $5.9 million.

The couple plan to move to a smaller

home in South Florida.

Mark Santolin of Engel & Völkers

Orlando Winter Park has the listing.

—Katherine Clarke

Barry Larkin

Relists for a

Lot Less

FROM TOP: RITZ-CARLTON RESIDENCES, MIAMI BEACH; BILL KOSTROUN/ASSOCIATED PRESS; DOOARCHITECTURE (RENDERING); ISTOCK (BASEBALL)

Retired NBA star Dwyane Wade

lists Miami Beach estate M14

Mike Piazza

In Contract

In Miami

$5.4

MILLION

lakefront,

nightclub

$5.6

MILLION

three

bedrooms,

outdoor space

FROM LEFT: ED ZEISS; HANS PENNINK/ASSOCIATED PRESS

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state of New Jersey (ID#0450234983) performing auction-marketing services as part of this transaction, and is not performing any real estate brokerservices where prohibited. Bid calling performed by a licensed NJ Auctioneer. Sotheby’s International Realty, the Sotheby’s International Realtylogo andage

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