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Former Hornets Owner George Shinn Lists Florida Home for $5.25 Million

First Charlotte Hornets owner George Shinn is selling a waterfront home in Jupiter, Florida, for $5.25 million ... The sports mogul’s real estate move comes on the heels of retired Yankees pitcher Jeff Nelson listing his own estate in the same luxury ...

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First Charlotte Hornets owner George Shinn is selling a waterfront home in Jupiter, Florida, for $5.25 million MrShinn, 76, who founded the pro basketball team that would later morph into the New Orleans Hornets, listed the five-bedroom home in the upscale South Florida development of Admirals Cove on FridayA company tied to the businessman bought the modern Spanish-style home less than a year ago, property records show. More: Edmonton Oilers Owner Lists $38 Million Vancouver Penthouse The house, built in 1992, has stately, wide-open interiors, including a foyer and great room with soaring, double-height ceilingsFrom the front door a winding staircase leads to a second-floor balcony overlooking the expansive entertaining space, images of the home show. The master bedroom is located on the first level and has a private terrace and sun-filled master bath and dressing room overlooking the tropical grounds, according to the listing with Debra Manuel of NV Realty Group. Interior amenities include a home theater and barOutside, the backyard encompasses a pool, one-bedroom guest house and private dock that can accommodate an 80-foot yacht. A private company linked to the businessman bought the home in April for $4.15 million, property records showAn email sent to his foundation was not immediately returned MrShinn, an entrepreneur who built a chain of for-profit schools in the South, founded the Charlotte Hornets as North Carolina’s first professional basketball franchise in 1988He moved the team to New Orleans in 2002 and anointed them the New Orleans Hornets amid a political dispute over a new arena and a personal scandal. More: NBA Star DeAndre Jordan Selling Malibu Home for $6.5 Million The Charlotte Hornets are now largely owned by retired NBA star Michael Jordan. The sports mogul’s real estate move comes on the heels of retired Yankees pitcher Jeff Nelson listing his own estate in the same luxury development for $14 million Follow Mansion Global: Facebook | Twitter | Instagram | LinkedIn | MessengerWrite to us: Stay up to date with Mansion Global newsletters Sign Up Related TagsFloridaNew ListingsMansionContact our Sales Team Sign up for the Mansion Global newsletter_const currenciesList = [{"symbol":"$","name":"US Dollar","iso":"USD"},{"symbol":"£","name":"Pound Sterling","iso":"GBP"},{"symbol":"€","name":"Euro","iso":"EUR"},{"symbol":"$","name":"Australian Dollar","iso":"AUD"},{"symbol":"¥","name":"Yen","iso":"JPY"},{"symbol":"Fr","name":"Swiss Franc","iso":"CHF"},{"symbol":"$","name":"Argentine Peso","iso":"ARS"},{"symbol":"?","name":"Baht","iso":"THB"},{"symbol":"R$","name":"Brazilian Real","iso":"BRL"},{"symbol":"$","name":"Canadian Dollar","iso":"CAD"},{"symbol":"$","name":"Chilean Peso","iso":"CLP"},{"symbol":"$","name":"Colombian Peso","iso":"COP"},{"symbol":"Kc","name":"Czech Koruna","iso":"CZK"},{"symbol":"kr","name":"Danish Krone","iso":"DKK"},{"symbol":"Ft","name":"Forint","iso":"HUF"},{"symbol":"?","name":"Grivnya","iso":"UAH"},{"symbol":"$","name":"Hong Kong Dollar","iso":"HKD"},{"symbol":"?","name":"Indian Rupee","iso":"INR"},{"symbol":"kn","name":"Kuna","iso":"HRK"},{"symbol":"K","name":"Kyat","iso":"MMK"},{"symbol":"??","name":"Lev","iso":"BGN"},{"symbol":"Lt","name":"Lithuanian Litas","iso":"LTL"},{"symbol":"RM","name":"Malaysian Ringgit","iso":"MYR"},{"symbol":"$","name":"Mexican Peso","iso":"MXN"},{"symbol":"?","name":"New Israeli Sheqel","iso":"ILS"},{"symbol":"$","name":"New Taiwan Dollar","iso":"TWD"},{"symbol":"$","name":"New Zealand Dollar","iso":"NZD"},{"symbol":"kr","name":"Norwegian Krone","iso":"NOK"},{"symbol":"S/.","name":"Nuevo sol","iso":"PEN"},{"symbol":"?","name":"Pakistan Rupee","iso":"PKR"},{"symbol":"P","name":"Pataca","iso":"MOP"},{"symbol":"?","name":"Philippine Peso","iso":"PHP"},{"symbol":"R","name":"Rand","iso":"ZAR"},{"symbol":"¥","name":"Renminbi Yuan","iso":"CNY"},{"symbol":"Lei","name":"Romanian Leu","iso":"RON"},{"symbol":"?","name":"Russian Ruble","iso":"RUB"},{"symbol":"$","name":"Singapore Dollar","iso":"SGD"},{"symbol":"?","name":"Sri Lanka Rupee","iso":"LKR"},{"symbol":"kr","name":"Swedish Krona","iso":"SEK"},{"symbol":"?","name":"Tenge","iso":"KZT"},{"symbol":"?","name":"Turkish Lira","iso":"TRY"},{"symbol":"$","name":"Uruguayan Peso","iso":"UYU"},{"symbol":"?","name":"Won","iso":"KRW"},{"symbol":"zl","name":"Zloty","iso":"PLN"},{"symbol":"$","name":"translation missing: en.currencies.BBD","iso":"BBD"},{"symbol":"$","name":"translation missing: en.currencies.BSD","iso":"BSD"},{"symbol":"£","name":"translation missing: en.currencies.GIP","iso":"GIP"},{"symbol":"kr","name":"translation missing: en.currencies.ISK","iso":"ISK"},{"symbol":"KSh","name":"translation missing: en.currencies.KES","iso":"KES"},{"symbol":"?.?","name":"translation missing: en.currencies.KWD","iso":"KWD"},{"symbol":"$","name":"translation missing: en.currencies.KYD","iso":"KYD"},{"symbol":"?","name":"translation missing: en.currencies.MUR","iso":"MUR"},{"symbol":"B/.","name":"translation missing: en.currencies.PAB","iso":"PAB"},{"symbol":"Bs F","name":"translation missing: en.currencies.VEF","iso":"VEF"},{"symbol":"$","name":"translation missing: en.currencies.XCD","iso":"XCD"}]; 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