Hop-hop artist, Dwayne Michael Carter, Jr., better known as Lil Wayne, just sold his Miami mansion for $10 million––nearly half the original asking price.
He bought the 15,101-square-foot, nine-bedroom, nine-bathroom waterfront residence on La Gorce Island in 2011 for $11.6 million after renting the property for several months.
Then, in April 2015 he listed it for $18 million.
While Wayne lived there, he built a skate park on top of the home. He also enjoyed a recording studio and a shark lagoon.
“Amid a correcting market and an influx of inventory, this sale shows that luxury homes are still selling in Miami and will continue to sell,” says Ty Forkner of ONE Sotheby’s International Realty, who represented both the buyer and seller of 94 Lagorce Circle.
Images courtesy of Sotheby’s International Realty