Celebrity Couple Buys Icon Brickell Condo

MIAMI-Locally based Related Group confirmed Monday that entertainment power couple Marc Anthony and Jennifer Lopez have purchased a condominium unit in the company’s Icon Brickell development. Anthony, a popular singer/actor and part-owner of the Miami Dolphins, was in town to perform the national anthem for Monday night’s game versus the New York Jets at Land Shark Stadium.

“We are thrilled that Marc Anthony and Jennifer Lopez have selected Icon Brickell for their new home in Miami,” Kenneth Smuts, Related Group vice president, said in a prepared statement. He declined to disclose additional details of the condo sale, noting that the deal had not yet closed.

People magazine reported on its Web site nearly three weeks ago that Anthony and Lopez, also a singer and actor, were buying a home at Icon, a 1,650-unit complex with three towers up to 60 stories high at 465 Brickell Ave. in Downtown Miami. “When we are through decorating the condo, it will be one of the sexiest places in town,” Anthony said at the time.

Meanwhile, the Miami Condo Investments blog stated that the couple signed contracts on 10 Icon units over the weekend, paying a reduced price between $350 and $400 per square foot. Smuts told the Daily Business Review that he was “not aware” of such a deal.

Anthony is connected to Related Group chief Jorge Perez by a small financial interest in the Dolphins. Stephen Ross, a minority partner in Related Group, owns 95% of the National Football League franchise while the other 5% is shared among VIPs such as musicians Emilio and Gloria Estefan and tennis stars Venus and Serena Williams, according to ESPN.

Sales of Miami luxury condos are becoming a more common occurrence. This summer, pro basketball star Amar’e Stoudemire paid $5.6 million for a 4,841-square-foot penthouse unit at W South Beach at 2201 Collins Ave., Daily Business Review reported.