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Buyer Scores Big Bargain on Lil Wayne’s Miami Beach Mansion

After waiting two years, hip-hop star Lil Wayne unloaded his 15,000-square-foot mansion in Miami Beach, FL, for a cool $10 million.

The three-story home had been listed with agent Ty Forkner of ONE Sotheby’s International Realty for $12 million, which means Weezy took $2 million less than what he was looking for. It’s also a lot less than the $18 million he wanted when he first listed the home, in April 2015.

And befitting his status in the rap game, this isn’t just any beach bungalow. Built in 2005, the nine-bedroom property boasts a rooftop skate park, a lagoon with live sharks, and a recording studio—all installed by the 34-year-old rapper, whose legal name is Dwayne Michael Carter Jr.

He bought the La Gorce Island mansion six years ago for $11.6 million after falling in love with it as a renter. Its location in a gated community is ideal for anybody with celebrity cred.

Six bedrooms are in the main home and three are in the guesthouse, which holds the recording studio. A glass wall on the back of the house boasts views of the pool and the city skyline, while the 30-foot ceilings make the interior space feel airy. The two-story master suite features a glass elevator.

Why is Weezy exiting the posh spread?

“He wanted a change of scenery. He’s been in this house for a while,” says Forkner, who also represented the buyer. “He spends a lot of time in Los Angeles.”

The luxe home is “over 15,000 square feet, which you don’t find [here]. With the new building code (in Miami Beach), an owner cannot build a home this big,” he says. Homes of this caliber would normally run in “the high teens into the $20s and $30s.” Millions, we presume.

The new buyers definitely scored a bargain, but there’s nothing lil’ about this home.

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Source: Real Estate News and Advice – realtor.com » Real Estate News