Lil Wayne decided bid farewell to his lavish Miami Beach residence, fetching a handsome sum of $22.5M

Lil Wayne, the celebrated Grammy-winning artist, has bid farewell to his lavish Miami Beach residence, fetching a handsome sum of $22.5 million, as confirmed by PEOPLE.

Situated on the exclusive Allison Island, the sprawling former abode of the 40-year-old musician encompasses a generous 10,632 square feet of living space. Notably, the residence is adorned with retractable glass walls that seamlessly merge the interior with the meticulously landscaped backyard.

This outdoor oasis spans across a 23,760-square-foot lot, showcasing an inviting pool, charming al fresco dining areas, a beachside cabana, and a well-equipped built-in barbecue station. Overlooking 110 feet of serene waterfront and boasting a private dock, this property provides a scenic and luxurious retreat, as reported by Top 10 Real Estate Deals.

The residence was expertly listed by Cyril Matz of Douglas Elliman, initially entering the market with an asking price of $29.5 million.

Inside the mansion’s well-appointed interior, seven bedrooms and a primary suite await, complete with dual baths, a commodious walk-in closet, a cozy sitting area, and a private terrace that offers a panoramic vista. Additionally, a junior suite boasts its own outdoor space, allowing for a seamless blend of indoor and outdoor living.

Two fully-equipped kitchens grace the property. The main kitchen, featuring custom Italian cabinets and top-of-the-line Subzero & Wolf appliances, incorporates a delightful breakfast nook. Meanwhile, a chef’s kitchen complete with staff quarters caters to culinary enthusiasts.

Beyond the living quarters, buyers will find an array of bonus spaces that elevate the estate’s allure. These include a state-of-the-art movie theater, a temperature-controlled wine room, a three-car garage, and the convenience of an elevator.

Notably, Lil Wayne’s former residence is situated within a prestigious gated community, offering 24-hour security and a host of exclusive amenities, including access to the island’s private beach. The locale boasts proximity to La Gorce Country Club and the Normandy Shores Golf Club, as well as public beaches, providing ample opportunities for recreation and indulgence in the vibrant local scene.

Renowned figures such as Pitbull, Sylvester Stallone, Madonna, and Shakira also call this coveted area home, according to Top Ten.

This sale marks another chapter in Lil Wayne’s real estate ventures, as the artist is no stranger to showcasing his living spaces. He famously opened the doors to his Louisiana residence in a classic 2004 episode of MTV Cribs.

Notably, Lil Wayne initially acquired the property in 2018 for a sum close to $17 million, signaling an impressive profit of $11 million from the recent transaction.