Buyer of Andre Branch’s former Miami Beach house flips it for $7M

Former Miami Dolphins linebacker Orlandus Andre Branch III scored a win with the $6.3 million sale of his Miami Beach home in September.

But the buyer scored even more, flipping the property for $6.9 million.

Retired Wall Street broker Bryant Yunker and his wife, Nancy, sold the non-waterfront home at 4535 Nautilus Court to Stephen Macricostas for a 10 percent gain, property records show.

Macricostas is an art collector.

The Yunkers owned the 4,493-square-foot, six-bedroom, six-and-a-half bathroom home for just eight months.

It was built in 2019 on a 0.2-acre lot in the Nautilus neighborhood of Mid-Miami Beach,

and features a pool, large terraces, and a Jacuzzi.

Mikael Hamaoui of Riviera Horizons represented the Yunkers in their flip.

David Pulley of Douglas Elliman represented Macricostas.

Branch paid $3.5 million for the house in 2019, which means it’s increased in value by 97 percent since then.

Buyers have been able to resell their single-family homes for big profits across South Florida in recent months due to steady demand.

Non-waterfront homes have also increased in value, with prices doubling in some cases compared to pre-pandemic.

And as a result of limited inventory and high prices of single-family homes, condo sales are on the rise.

In March, single-family home sales in Miami-Dade County rose 5 percent,
while condo sales jumped 15 percent compared with March of last year,
according to the Miami Association of Realtors.

Branch exemplifies a property owner who took advantage of demand for homes and sold at a high price — to then buy a condo.

Two months after selling his house, he paid $3.6 million for a unit at the Ritz-Carlton Residences, Miami Beach less than half a mile away, property records show.

Branch, who started his NFL career with the Jacksonville Jaguars in 2012, played for the Dolphins between 2016 and 2019.

Buyer of Andre Branch’s former Miami Beach house flips it for $7M

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