Jimmy Butler’s Luxurious Miami Beach Rental

Miami Heat superstar Jimmy Butler has taken his lifestyle to the next level by leasing a lavish waterfront mansion on Miami Beach’s exclusive Hibiscus Island. The six-time NBA All-Star, currently in the third year of his $184 million contract extension, is paying more than $70,000 a month to rent the Mediterranean-style property, which is also listed for sale at $30 million.

While it’s unclear exactly how much Butler is paying each month, property records show the home was previously listed for $95,000 per month before it was removed from the rental market in October. The lease deal was brokered by Julian Johnston of the Corcoran Group, who represented the property owner, while Greg Mirmelli represented Butler in the agreement.

This move comes at a time when trade rumors are swirling around Butler, but it appears he is focused on enjoying his luxurious new Miami home for now. If he decides to settle down, he may just have the chance to purchase the home outright.

Inside Jimmy Butler’s Waterfront Mansion

The grand residence sits on a sprawling half-acre lot along Biscayne Bay’s Hibiscus Island, a neighborhood known for its celebrity residents and ultra-exclusive real estate. With 125 feet of water frontage, the estate offers breathtaking views of the Miami skyline and provides direct access to the bay.

This 6,000-square-foot Mediterranean-style home boasts five bedrooms, five full bathrooms, and two half-bathrooms, making it a spacious retreat for Butler and his loved ones. Every room is designed with elegance and comfort in mind, blending modern luxury with Mediterranean charm.

The home’s most stunning feature is its outdoor living space, complete with:

• A resort-style pool with lounge chairs for sunbathing.
• A hot tub for relaxation and evening dips.
• Multiple covered seating areas, perfect for entertaining or enjoying a quiet night.
• A private dock with a boat lift, ideal for Butler’s watercraft, offering direct access to the Biscayne Bay.

These amenities create the perfect blend of privacy, luxury, and waterfront living.

A Closer Look at the Interiors

Though photos of the home’s interior are limited, listing records reveal a home with a focus on open spaces and timeless design. Mediterranean elements are prominent, with arched windows, curved doorways, and warm stucco finishes.

Inside, Butler will enjoy:

• A chef’s kitchen with modern appliances and ample counter space.
• Open-concept living and dining areas with direct views of Biscayne Bay.
• Spacious bedrooms with luxury en-suite bathrooms.
• High ceilings that amplify the natural light and open feel of the home.

Given Butler’s active lifestyle, the expansive layout provides plenty of space for entertaining guests or simply unwinding after a long day on the court.

The Location: Hibiscus Island — An Elite Paradise

Hibiscus Island, located north of Palm Island and northwest of Star Island, is one of Miami’s most prestigious and sought-after neighborhoods. Surrounded by Biscayne Bay, the island offers unrivaled privacy and security, with 24-hour gated access for residents.

The island is known for its celebrity residents and luxury waterfront estates, often hosting the city’s elite and global A-listers. This prime location gives Butler access to the heart of Miami while maintaining an exclusive, private retreat.

The location also puts him within minutes of South Beach, Downtown Miami, and Miami’s Design District, allowing him to enjoy Miami’s world-class dining, nightlife, and entertainment scene.

A Chance to Make It Permanent

What makes this deal even more significant is that the $30 million mansion is available for purchase. While Butler is renting for now, he may have the option to make it his permanent home.

The property has been on and off the market since 2021, with no takers willing to meet the hefty price tag. For Butler, however, it could be a smart investment. Not only would he be owning a luxurious slice of Miami Beach, but he would also join an elite group of high-profile homeowners on Hibiscus Island, which includes wealthy business owners, CEOs, and international celebrities.

With his four-year, $184 million contract and potential player option of $52.4 million next season, Butler has the financial means to make a $30 million purchase if he chooses.

Why This Move Matters

While Jimmy Butler’s on-court moves often grab headlines, his off-court decision to rent a $70K-per-month mansion also has the sports world buzzing.

This is more than just a home—it’s a statement. The location, luxury, and exclusivity are symbolic of Butler’s success, wealth, and stature. If he decides to purchase the estate, it will cement his place in Miami’s luxury real estate scene, much like other NBA stars and celebrities who have acquired prime waterfront properties in South Florida.

It also raises questions about Butler’s future with the Miami Heat. While he still has another year on his contract, trade rumors have swirled about his potential move to other teams. Could this rental be a sign that he plans to stay in Miami long-term?

The Next Chapter for Jimmy Butler

Butler’s move to this Miami Beach mansion could signify more than just a change of address. For a player of his stature, home choices often reflect career choices. With trade rumors swirling and the clock ticking on his contract, some might wonder if his rental is a temporary stay or a signal of long-term roots in the city.

For now, one thing is clear: Jimmy Butler is living life to the fullest in his luxury waterfront mansion on Hibiscus Island. As the sun sets over Biscayne Bay, he’ll be able to relax in his hot tub, reflect on his career, and decide his next move — both on and off the court.