In more sports news this morning, former Miami Heat player James Posey finally sold his home in the Coconut Grove gated community of The Cloisters for $1,425,000. Posey purchased the property back in 2005 for $2,170,000. The property had been on the market for 3 years. The home offered 5,090 square feet of living space with 3 bedrooms, 3 baths, marble floors, crown moldings, top of the line appliances, vaulted ceilings, private elevator and a rooftop terrace with bay views. At the time it sold, the property was listed for $1,825,000. James Posey spent 2 years with the Miami Heat before playing for the Boston Celtics. He is currently an Assistant Coach with the Cleveland Cavaliers. There has been 1 other closed sale at The Cloisters this year, Unit 1239 sold for $1,500,000. If you are interested in buying or selling a home in Coconut Grove it is essential to work with someone who knows the numbers and tracks the sales. I have been the #1 top producing Realtor in Coconut Grove for over 5 years and would love the opportunity to work with you. I can be reached anytime on my cell phone at 305-342-1623 or you can send me a message here.