Lil Wayne Settles for $10M, Almost Half His Original Ask, for Rapper’s Paradise in Miami Beach

Published: June 22, 2017 | By: American Luxury Staff

Lil Wayne accepted an offer of $10 million for his waterfront home in Miami. Built for the amateur ichthyologist and/or Bond villain, the house incorporates a koi pond and a shark lagoon in its design, though never the twain should meet. Wayne has had the property up for sale for a couple of years; it hit the market initially in 2015, with an asking price of $18 million. The asking price prior to the sale was $12 million. Wayne purchased the home in 2011 for $11.6 million.

Measuring a substantial 15,100 square feet, with nine bedrooms and ten baths, the house is an imposing mix of utilitarian and luxe-contemporary styles that works modern and contemporary design elements into a whole which, from its motor-court, looks somewhat institutional, resembling a campus building. A commercial-grade elevator in brushed stainless cinches the house as an aspiring civic complex.

Inside, the sense of scale is fairly breathtaking. Four floors of glass and a double-height living area present a space which overwhelms; the transition from first floor ceiling to soaring second-floor is very liberating. A spiral staircase leads from the third level to the huge second-level gallery, which in turn looks down to the first floor living area, giving the place a wide-open, tiered effect. A duplex master suite continues the trend.

The aesthetic sways from industrial loft to contemporary, with stone floors and understated light fixtures. The house contains a wet bar, a fitness studio, and a pair of kitchens, one of which is very restaurant-style. The effect overall is very chilly, incredibly expansive, and, overall, nicely executed as a higher-end contemporary statement.

The house’s exterior features include a rooftop skate park, a pool and covered outdoor lounge area, a second-floor terrace, and 120’ of frontage near Biscayne Bay.

Wayne is the recipient of five Grammy awards; widely considered one of the most influential rap artists in the history of the genre, his worldwide record sales total over 100 million units.

3373 June 22, 2017 Real Estate June 22, 2017