The Person Who Paid $16.8 Million For NBA Legend Pat Riley's Unreal Waterfront Mansion Plans To Demolish It

Miami Heat exec Pat Riley sold his stunning South Florida mansion for $16.8 million nearly a year ago.

Now, the Miami Herald is reporting that the anonymous buyer plans to tear down the beautiful home and build a new one.

The home sits on an 80,000-square foot plot of waterfront property overlooking Biscayne Bay.

The buyer must have something spectacular in mind if he or she is willing to scrap this house.