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The home on Bay Point Drive recently bought by Nik Vucevic of the Orlando Magic.
The home on Bay Point Drive recently bought by Nik Vucevic of the Orlando Magic. (provided)

Orlando Magic center Nikola Vucevic paid $2.5 million on March 30 for a Phil Kean Designs LEED Gold Certified-home on a gated peninsula in Bay Hill.

The home is just a few blocks away from another Bay Hill home that Magic guard Victor Oladipo bought in mid-March for $1.18 million. The deed was recorded Wednesday in Orange County.

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Located in the 9000 block of Bay Point Drive, Vucevic's waterfront property lies on Lake Tibet in the Bay Hill community, near Arnold Palmer's Bay Hill Golf Club and Lodge.

Learn what kind of home the Magic guard chose for his first purchase in the Orlando area.

Set on a 0.33-acre parcel, the two-story home built in 2013 boasts four bedrooms, 4.5 baths, and 7,535 gross square feet. The home features lakefront views from nearly every room, with a wall of disappearing glass doors in the family room that lead out to a spacious covered lanai and pool with remote screens, according to a web listing.

The second floor features a master suite with remote black-out drapes, a master spa bath with lake views, double walk-in closets and a laundry room. A fitness room and media room with wet bar are also on the second.

The home sale should set a new record for dollar-per-square-foot in Central Florida, as the LA Clippers guard returns to the city where he grew up and attended high school.

Vucevic bought the home through a holding company created by Jaafar Choufani, a local attorney, restauranteur and sports agent.

The property was sold by Alberto Juan Bartolomei, who previously paid $2.075 million in February 2006.

Vucevic acquired a $900,000 loan from DB Private Wealth Mortgage Ltd.,  a subsidiary of Deutsche Bank Trust Company Americas out of New York.

The property was listed by Phil Kean Real Estate, and sold by Steve Decristo of Olde Town Brokers.

Have a tip about Central Florida development? Contact me at bmoser@growthspotter.com, (407) 420-5685 or @bobmoser333. Follow GrowthSpotter on Facebook, Twitter and LinkedIn.

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