The musician Lil Wayne just sold the oceanfront property he had in Miami Beach, Florida, for the sum of $22.583 million, according to the listing agent, Cyril Matz of Douglas Elliman.
The rapper, whose real name is Dwayne Michael Carter Jr., bought the modern house in 2018 for a price of $16.75 million, according to the property records. He listed it for sale in September at a price of $29.5 million, but he ultimately reduced it to $28 million.
Mr. Matz, who handled the transaction, declined to disclose the identity of the buyer.
It quickly failed to get in touch with Mr. Carter for comment.
The property is located on Allison Island, a roughly 35-acre island in Biscayne Bay, and it has a dock and around 110 feet of sea frontage. The home, which has seven bedrooms and around 10,600 square feet of area, was built in 2017, according to Mr. Matz. Additionally, there is a home theater with suede wall coverings and a mahogany-paneled foyer. Access to the garden, which has a huge pool, is provided by sliding glass doors.
The site, which faces west and has a view of La Gorce Island, is one of the larger ones available on the island, according to Mr. Matz, and is around 0.5 acres in size. He asserted that the lot is a serious contender for the title of “the best lot” on Allison Island because of its size and location.
He claimed that although buyers are generally less impatient than they were the year before, the market is still strong despite the lack of available inventory. “Properties that are priced correctly and are in the right locations are selling,” he continued. People are purchasing.
When compared to the pandemic-driven market in the same period of 2021, the number of sales of upscale single-family houses on Miami Beach plummeted by 66.7% in the fourth quarter, according to real estate appraisal company Miller Samuel. Luxury single-family house sales at the median level had a rise in price of 6.7% from the previous year. Mr. Carter, a native of New Orleans, once had a house in Miami Beach with a shark lagoon and a rooftop skate park. He sold that in 2017 and made a $10 million profit. The seventh overall album in the “Carter” series will be released, as the musician just announced.
As Lil Wayne sat on the balcony of his Miami Beach mansion, he couldn’t help but reflect on all the memories he had created in this beautiful home. From the wild parties to the quiet moments of solitude, this place had been his sanctuary for many years.
But now, it was time to say goodbye. Lil Wayne had decided to sell his Miami Beach mansion and move on to new adventures. As he looked out over the ocean one last time, he felt a sense of closure wash over him.
The mansion had been more than just a house to Lil Wayne. It had been a symbol of his success and a place where he could escape from the demands of the world. But now, it was time to let go and embrace whatever the future had in store.
As the new owners took possession of the mansion, Lil Wayne smiled to himself, knowing that he had left a part of his legacy behind. The memories would always be there, and the house would continue to be a landmark in Miami Beach. But for Lil Wayne, it was time to move on and create new memories in new places.
In the end, Lil Wayne’s Miami Beach mansion was more than just a house. It was a chapter in his life, a symbol of his success, and a place where he had created countless memories. And as he walked away, he knew that the legacy of the mansion would live on, long after he was gone.