Drake Sells Miami Condos for $2.5 Million

It seems Drake is learning a thing or two about real estate.

Drizzy just sold his two adjacent Miami condos for $2.5 million, which he bough just last year for $1.9. While they sold foralmost $100,000 less than Drake’s original asking price, he still made a decent profit. The Toronto rapper sold the properties to Miami Heat Point Guard Mario Chalmers.

Together, the apartments make up about 5,500 square feet of living space in a brand new luxury building downtown called the Marquis Residences and comes equipped with a spa and fitness center, pool deck and valet parking.

While he sold his Miami apartments, Drake is far from homeless. The MC recently rented a $9 million, six-bedroom, 10-bath mansion in Hidden Hills, California, for $45,000 a month. The house allegedly features a water oasis leading into a cave with seats and a wet bar, a tennis court, five stall horse facilities with riding arena, a sand volleyball court, a mechanical bull, a 24-seat theater, game room, and a wine cellar/tasting room. —Gina Montana

Recommended for You

Around the Web

Best of XXL

  • mick swagger

    wtf, the video is about a whole foods market in detroit. you fail once again, XXL

  • ctwins3644

    You guys are really missing out on an opportunity to build on the brand image that you have established with your print media over the last few decades. As I’m sure you’ve noticed with the declining numbers on your balance sheets, print media is slowly but surely on its way out, and with poor reporting on irrelevant/innacurrate internet articles, you are sure to be left behind when the final switch to paperless media is made. Please, do your readers a favor and use the connections that you have established over the years to provide us with legitimate hip-hop reporting (this includes due diligence by your authors/bloggers to make sure their posts are correct/completed thoroughly before they post them). This will be sure to increase youre website’s traffic, and may even get your magazine a few more subscribers/ in store purchases.