The Weeknd is buying a waterfront Gables Estates mansion asking $55M
Grammy-winning singer-songwriter the Weeknd is in contract to buy a waterfront Gables Estates mansion that’s on the market for $54.9 million, sources told The Real Deal. The Weeknd, whose legal name is Abel Makkonen Tesfaye, is buying oil recycling mogul Steven Lempera’s eight-bedroom, nine-and-a-half-bathroom home at 41 Arvida Parkway in Coral Gables, sources told TRD. The 18,963-square-foot mansion sits on a 1.2-acre point lot with a pool, hot tub, outdoor kitchen and dock. The property went under contract in September. It’s on the market with Eddy Martinez and Roland Ortiz of One Sotheby’s International Realty. The purchase price is unknown. […]This article originally appeared on The Real Deal. Click here to read the full story.
Categories
Recent Posts

Home equity emerges as a generational growth strategy for originators

Zach Witkoff sells Ritz Miami Beach villa to Todd, Alexia Nepola

Lower Mortgage Rates and Rising Listings Arrive at a Crucial Point for Spring Buyers

Related Urban, Forest, Sonnenblick vie for Marina Village dev rights

Victoria’s Secret Model Jessica Stam Lists Her Stunning Hawaii Estate for $5 Million

Rise of the ‘Zombie HOA’: What Happens When Developers Fail To Hand Over Control to Residents

Kelly Tractor’s bid to develop headquarters outside UDB deferred

Condemned Boston Home That Was Ravaged by Fire Sells for Full Ask of $776K—Just 3 Days After It Was Listed

How two LOs helped champion proprietary reverse mortgage legislation in Tennessee

Pritzker’s honor: Illinois housing reform fight intensifies
GET MORE INFORMATION

Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131
