Former Chicago Bears quarterback Rex Grossman has successfully sold his waterfront home in Delray Beach, Florida, for $7.5 million. The sale marks a significant profit for Grossman and his wife, Alison, who purchased the property in 2013. The transaction highlights the booming Florida real estate market.
Key Takeaways
- Rex Grossman, former Bears QB, sold his Florida home for $7.5 million.
- The property is located in Delray Beach and features extensive Intracoastal Waterway frontage.
- Grossman purchased the home in 2013 for $2.7 million, realizing a substantial profit.
- The home, built in 2000, boasts a modern Mediterranean style and approximately 4,100 square feet.
- Grossman and his wife now own a nursing-placement firm in Delray Beach.
A Profitable Property Transaction
Rex Grossman, best known for his tenure as quarterback for the Chicago Bears, including their Super Bowl XLI appearance, has offloaded his Florida residence for a substantial sum. The Delray Beach home, situated on the Intracoastal Waterway with 210 feet of frontage, was sold on January 16th for $7.5 million. This sale represents a significant return on investment for Grossman and his wife, Alison, who acquired the property in 2013 for $2.7 million.
The couple initially listed the four-bedroom home in April, seeking just under $7.73 million. The final sale price reflects a nearly threefold increase in value over the decade they owned it, a surge attributed to the robust Florida real estate market, according to Derek Barra, one of the listing agents.
The Delray Beach Residence
Built in 2000, the four-bedroom house spans approximately 4,100 square feet and is strategically located on a point, offering water views on two sides. Its exterior features a modern Mediterranean aesthetic, while the interior is designed to maximize natural light and scenic vistas. Notable interior elements include a two-story living room with a wood-beamed ceiling, a kitchen with an integrated casual dining area that opens to an outdoor space, and a primary bedroom with a balcony overlooking the waterway. The property is further enhanced by an outdoor pool and mature palm trees.
Beyond the Gridiron
Grossman, who played for the Bears from 2003 to 2008, has since transitioned to business ventures. He and his wife now own Florida Medical Staffing, a nursing-placement firm based in Delray Beach. This move into real estate and business follows his NFL career, which also included stints with the Houston Texans, Washington Redskins, and Cleveland Browns.
Sources
- Ex-Bears QB Rex Grossman sells $7.5 million Florida home, Crain’s Chicago Business.