DJ Khaled Pays $26M for Miami Beach MansionNovember 2, 2018
DJ Khaled is buying another one.
The record producer, whose real name is Khaled Mohamed Khaled, bought a 13,000-square-foot waterfront mansion on Pine Tree Drive in Miami Beach ( asking $25.9 million, according to the Wall Street Journal.
The 1-acre property has about 105 feet of waterfront on the Indian Creek Waterway, a main house with five bedrooms, an elevator, safe room, gazebo and home theater; a swimming pool and a four-bedroom guesthouse.
Michael Lerner, the marketer and child-proofing product maker who popularized the yellow “Baby on Board” signs, is selling the property. Property records show Lerner paid $4.95 million for the site in 2013.
Last year, Khaled paid $9.9 million for a 10,700-square-foot mansion in Beverly Hills.
I guess he doesn’t like hotels.