King James is living large!

Miami Heat newcomer LeBron James has reportedly purchased a brand new home in South Beach, Miami (Florida) for over $9 million. The massive, mansion-like house is a waterfront mansion located in the Coconut Grove community.

The 20,000 square foot, 3-story home boasts beautiful views of Biscayne Bay, and includes a home theater, a guest house, and other amenities, in addition to 6 bedrooms and 8.5 bathrooms. The grounds also have three fountains and room for two 60-foot yachts to dock.

Check out the pics below:

Dayummmmm!! “Home sweet home” is right! We think saying “ballin” would be somewhat of an understatement when it comes to King James’ new crib!

Your thoughts?