Kaká Snags $8.7 Million Bal Harbour Condo Amid Miami Soccer Boom
Kaká sealed a $8.7 million deal on 9 Jul 2026, buying a 3,350‑sq‑ft condo on the 14th floor of Oceana Bal Harbour, cementing his presence in South Florida’s elite real‑estate scene.
The former FIFA World Player of the Year acquired a three‑bedroom, four‑and‑a‑half‑bath unit at 10203 Collins Avenue for $2,600 per square foot. The property includes three parking spaces and three private storage units, offering a blend of space and privacy rare in the crowded Miami market.
Seller Gaston Siciliano bought the same condo for $6.5 million in 2022, according to public records. Kaká’s purchase represents a $2.2 million increase in just four years, reflecting the rapid appreciation of luxury condos near the coast and the growing demand from high‑profile athletes.
Miami is buzzing with football royalty. Earlier this year, Ronaldo paid $7.8 million for a penthouse at Onda in Bay Harbor Islands. Lionel Messi owns multiple condos in Sunny Isles Beach and a waterfront mansion in Fort Lauderdale, while David and Victoria Beckham recently sold their One Thousand Museum penthouse. The city’s role as a host for upcoming FIFA World Cup quarter‑finals and the bronze‑final match adds further allure for players seeking proximity to major events.
Michael Martinez of One Sotheby’s International Realty represented the seller, while Jennifer Olmeda of WRA Real Estate Solutions acted for Kaká. Their involvement underscores the specialized brokerage services required for high‑value, celebrity‑driven deals in the region.
Retired in 2017, Kaká has shifted focus to business ventures and philanthropy. Owning a premium condo in Bal Harbour places him near Inter Miami’s Miami Freedom Park project-a $1 billion mixed‑use development that will house the club’s new stadium. Proximity could open doors for future ambassador roles or investment opportunities tied to the club’s expansion.
South Florida’s luxury market has seen a surge in purchases by former and active footballers, driven by the region’s tax advantages, climate, and growing soccer infrastructure. The influx of star power not only inflates property values but also raises the profile of neighborhoods like Bal Harbour, attracting more high‑net‑worth buyers.
The unit is now listed under Kaká’s name in county records, with no immediate plans for renovation disclosed. Given the timing of the World Cup fixtures, it’s possible the condo will serve as a temporary base for Kaká should he attend matches or engage in promotional events.
Fans in Miami now have another tangible link to the golden generation of Brazilian football. Sightings of Kaká strolling the Bal Harbour promenade could become a regular perk for residents, further intertwining the city’s cultural fabric with the sport’s global icons.