Rick Ross ‘paid $37M’ for massive 9-bedroom mansion on Miami’s Star Island

Rick Ross is set to acquire a magnificent nine-bedroom mansion on Miami’s prestigious Star Island, with an estimated cost of over $37 miℓℓiо𝚗. The island has long been a haven for notable figures, including Gloria Estefan, Shaquille O’Neal, and Sean ‘Diddy’ Combs, as reported by the Wall Street Journal. In 2020, Jennifer Lopez and her then-fiancé Alex Rodriguez also рurchɑsеd a 10-bedroom property on the island, adding to its allure.

Rick Ross, aged 47, hailing from the same Miami suburb that produced Flo Rida, will now become part of the esteemed community residing on Star Island, according to TMZ Hip Hop. After already investing miℓℓiо𝚗s in acquiring the mansion, Rick plans to extensively renovate the luxurious property to his liking.

This lavish mansion spans approximately 40,000 square feet and boasts upscale features like six bathrooms, a summer kitchen, and a heated swimming pool. Positioned on the waterfront, the estate offers ocean access through a simple wooden harbor located behind the backyard. Once Rick settles into his new abode, he will have the pleasure of enjoying various amenities, including an entertainment room.

The рurchɑsе of this estate, which was listed on the market in May, is expected to be finalized within weeks. It marks Rick Ross’s latest acquisition, following his рurchɑsе of NBA retiree Amar’e Stoudemire’s Miami residence for $3.5 miℓℓiо𝚗, as revealed in Architectural Digest. Interestingly, Rick confessed during an appearance on the REVOLT show Assets Over Liabilities that he had yet to spend a night in Amar’e’s house. Nonetheless, he noted the potential value of the property, stating that he could potentially sell it for $3 miℓℓiо𝚗 more than its рurchɑsе price.

Moreover, Rick Ross recently acquired Meek Mill’s Atlanta mansion for $4.2 miℓℓiо𝚗, according to the Atlanta Journal-Constitution, adding to his impressive real estate portfolio. It is evident that homes have always fascinated the renowned rapper, even during the early stages of his success. In a 2021 interview, he reminisced about purchasing a miℓℓiо𝚗-dollar home in Atlanta solely for the pleasure of driving past it. This residence, located just minutes away, гemɑi𝚗s in his possession to this day.

Notably, Rick’s most extravagant property is a staggering 109-room mansion in Georgia that he acquired from Evander Holyfield, which he named The Promise Land. With his latest acquisition on Star Island, Rick Ross continues to indulge in the opulent lifestyle he has worked hard to achieve.