Price revealed: The Weeknd pays record $50M for Gables Estates mansion
The Weeknd closed on a waterfront mansion in gated Gables Estates for $50 million, making it the most expensive home ever sold in Coral Gables. Brokers confirmed that the sale of the estate at 41 Arvida Parkway closed for $50 million, although the deed has not yet appeared in public records. The Real Deal reported earlier this month that The Weeknd, whose legal name is Abel Makkonen Tesfaye, was in contract on the $54.9 million listing. Eddy Martinez and Roland Ortiz of One Sotheby’s International Realty had the listing, and Ortiz brought the buyer. They declined to comment on the […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Jupiter mansion sells for $35M as buyer levels up in Admirals Cove
Lennar’s land bank spinoff Millrose bought 1,200 single-family rentals
Cash4Keys principals, United Realty agent accused of stealing elderly man’s house, dumping him in Miami Gardens
Southwest Ranches estate once owned by Mexican pop icon Juan Gabriel hits market for $39M
Miami-Dade’s affordable housing gap grows to 118K units, even as low-income earners flee
Palm Beach’s “Ham and Cheese House” finds buyer at $105M
Estates at Acqualina penthouse with private pool lands $40M contract
“They’re getting hammered”: Fisher Island Club fee dispute escalates into $5M class action after community association sues members
Florida home permits fall 21% in September
Treasury proposes rules for large home investors
