Lil Wayne's Miami Mansion Is For Sale. Suede Walls and All. The rapper/record executive is listing his posh island property for $29.5 million.

By Jonathan Small

Young Money Entertainment founder and rap legend Lil Wayne just listed his house for sale on an island off of Miami. Weezy is hoping to sell it for a breezy $29.5 million.

Situated on Allison Island, the 10,632 square foot mansion features seven bedrooms, nine bathrooms, a media room, a wine cellar, and more.

The listing also boasts "a mahogany-clad entryway and a great room with windows that extend from the floor up to the 22-foot ceilings, sliding doors open onto the backyard which overlooks a grand pool, outdoor dining spaces, and cabana, with direct access to the pristine waters of Miami Beach."

The home sits on 110 feet of water frontage, making it breezy for Weezy.

But one of the house's most eye-catching assets is its movie theater, complete with suede walls. Yes, suede.

The Price Tag

Dwayne Michael Carter Jr., aka Lil Wayne, is an influential rapper and record mogul. He has sold over 120 million records worldwide, including over 20 million albums and 70 million digital tracks in the United States.

But he hasn't had as much luck in real Florida real estate. According to the Miami Herald, he sold his other Miami Beach property with a skate park, recording studio, and shark lagoon for a $1.6 million loss back in 2017. That was $8 million less than the initial asking price.

He is hoping to sing a new tune with his suede wall estate. He purchased that property in 2018 for $16.75 million and is listing it for $29.5 million.

Jonathan Small

Entrepreneur Staff

Founder, Strike Fire Productions

Jonathan Small is a bestselling author, journalist, producer, and podcast host. For 25 years, he has worked as a sought-after storyteller for top media companies such as The New York Times, Hearst, Entrepreneur, and Condé Nast. He has held executive roles at Glamour, Fitness, and Entrepreneur and regularly contributes to The New York Times, TV Guide, Cosmo, Details, Maxim, and Good Housekeeping. He is the former “Jake” advice columnist for Glamour magazine and the “Guy Guru” at Cosmo.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business News

Zillow Predicts These 10 Places Will Have the Hottest Housing Markets in 2025

Zillow predicted that the hottest housing market of 2025 will be Buffalo, New York. Here's why.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Business Solutions

Say Hello to the PDF Multi-Tool You Didn't Know You Needed

Get lifetime access to UPDF for just $47.99—the best price online right now.

Operations & Logistics

PPP Forgivable Loans Will be Unforgiving for Many

Business who don't bring back their entire workforce will have their eligible forgiveness amount reduced.

Business Culture

It's Time to Rewrite Your Company's Values — Here's How

Most companies' values are forgotten or disconnected from daily operations. By rethinking and co-creating values with your team, you can transform them into actionable tools that align behavior, build trust and drive performance.