Rapper Swae Lee has sold his Miami-area mansion for $4.35 million, more than three years after purchasing it for $4.25 million in April 2023. The seven-bedroom property, located in South Miami near Dadeland, spans 7,831 square feet on a 1.22-acre lot. Lee initially listed the Miami-Dade County home for $5.395 million in July, but the final sale price was lower than the asking price.According to Mansion Global, the property was built in 1993 and features a five-bedroom main house and an attached two-bedroom guest wing. Its amenities include a swimming pool, sports courts, a summer kitchen and a 15-car garage. The listing also highlighted its entertainment facilities and arrangements for generational living.
How did Lee’s $4.25 million purchase turn into a $4.35 million sale
Lee bought the Miami-Dade County home in April 2023. The purchase was made through his business agent. He paid $4.25 million for the property, which later sold for $4.35 million. The sale price was higher than the amount he paid, before any other costs were considered. In July, Lee listed the house for $5.395 million.Eddy Martinez and Roland Ortiz of One Sotheby’s International Realty represented the listing. The final sale price was below the asking price. The report does not give a precise closing date or identify the buyer. It describes the sale as a modest increase on Lee’s original purchase price.
1993-built estate features seven bedrooms across two living spaces
The property is in South Miami, not far from Dadeland, in a quiet suburb of the city. It occupies a 1.22-acre lot on a cul-de-sac. The 7,831-square-foot home was built in 1993 and has seven bedrooms. Its layout includes a five-bedroom main house and an attached guest wing with two bedrooms. The guest area has its own living spaces, giving it a separate arrangement from the main residence.The report describes the house as suitable for entertaining and generational living, based on its listing. It does not provide further details about the rooms’ dimensions or the layout of individual bedrooms.
Gated property combines a swimming pool with dedicated sports facilities
The gated grounds include a swimming pool, a summer kitchen, and courts for basketball and tennis. A spacious deck surrounds the pool, while a covered terrace leads towards the pool area. The property also has a 15-car garage, arranged across seven bays and fitted with automated lifts.The sports court is lighted and set up for both basketball and tennis. These features form part of the property’s extensive outdoor and vehicle facilities. The report also describes the grounds as gated. It does not state whether the courts, pool, or garage were added by Lee during his ownership.
Property includes an 11-seat theatre and a 500-bottle wine cellar
Inside, the house has an 11-seat home theatre, a billiards room and a wine cellar with capacity for 500 bottles. The listing also highlights spacious terraces and features intended for entertaining. The primary bedroom has a private gym, a soaking tub and two walk-in wardrobes. These facilities are complemented by an attached two-bedroom guest wing and a five-bedroom main house.When the property was listed in July, Lee described it as a ‘great escape from my touring schedule’. The report noted that he was touring for his latest album, ‘Same Difference’. It also identified him as a five-time Grammy nominee, known for collaborations with artists including Post Malone and Travis Scott.Disclaimer: This article is based on information published by Mansion Global, including details from the property’s listing and reported sale. The Times of India has not independently verified the property transaction, sale price, ownership details, or amenities mentioned in the article.