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LeBron James reportedly has a deal for a 'modest' $7.6 million house in Florida

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LeBron James turns frugal and apparently wants to buy a $7.65 million house in Florida, not the $50 million swankienda he first considered.

dwyane-wade-chris-bosh-lebron-james-al-diaz-miami-herald.JPGView full sizeLeBron James, right, reportedly is in negotiating for a place to move his stuff now that he's taken his talents to South Beach. As if you didn't know, this is him with new Miami Heat teammates, from left, Dwyane Wade and Chris Bosh.
A celebrity columnist for the Palm Beach Post says former Cavs star LeBron James is negotiating to buy a "modest" house in Coconut Grove, Fla. Page2Live.com writer Jose Lambiet said the house was recently listed with a $7.65 asking price, even though that listing has expired. We can't show you a picture of the house -- the photos are covered by copyright laws -- but you can see them by clicking here.
Hoops superstar LeBron James, the Miami Heat’s new golden child, has a contract to buy a villa in an ultra-exclusive Coconut Grove enclave named after the eccentric billionaire Howard Hughes, Page2Live has learned.

“It’s not officially done (the deed transfer) just yet, but he has a definite interest in it,” said Miami realtor Peggy Brin. She had the Hughes Cove listing, but the place has been off-the-market for months.

... It’s a lot more modest than the $50 million pad that James is believed to have looked at a week after his arrival in July, but Lipman’s house is described as 10,000-square-feet of luxury in a private community of just 15 homes.

The crib has three floors and, of course, an elevator, exotic wood and stone finishes, hurricane windows and a gourmet kitchen. When it comes to gadgets, it appears to be tricked out to the max with a touch-screen Creston automation system that remotely adjusts lights, temperature, drapes, televisions and radios throughout the house.

James' decision to sign a six-year contract with the Miami Heat for a rumored $110 million was announced on national television. He could have signed for more with the Cavs, for whom he played for seven years, but chose less money to team with fellow superstars Dwyane Wade and Chris Bosh for a win-now run attempt to garner multiple NBA titles.

So it's good to see the young man making wise decisions, like choosing the $7.65 million "modest" villa over the $50 million swankienda.


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