Five-time Grammy nominee Swae Lee has offloaded his gated South Miami estate for $4.35 million, closing out his ownership just above the $4.25 million he paid for the residence in April 2023.
The deal fell short of initial expectations. Listing agents Eddy Martinez and Roland Ortiz of One Sotheby’s International Realty first floated the 1.22-acre compound onto the Miami-Dade County market in July with an asking price of $5.395 million. Buyers balked. The final transaction price dropped more than $1 million below that target, leaving the hip-hop artist with a slim $100,000 gross gain before broker fees, carrying expenses, and closing costs.
Positioned at the head of a cul-de-sac near Dadeland, the two-story residence spans 7,831 square feet across grounds built out in 1993. Lee originally acquired the suburban holding through his business agent as a personal retreat between studio sessions and international tours.
Lee described the private compound during its July listing as a necessary haven from the road:
A great escape from my touring schedule.
Swae Lee
Yet maintaining the expansive estate proved brief. The property is divided into two distinct residential zones designed for multi-generational living: a five-bedroom main house and an attached, self-contained two-bedroom guest wing fitted with its own independent living quarters. In the primary suite, the layout incorporates a private workout gym, a soaking tub, and twin walk-in wardrobes.
The outdoor amenities cater to vehicle collectors and athletic training. An expansive garage complex accommodates up to 15 vehicles across seven separate bays equipped with automated mechanical lifts.
Sporting installations anchor the manicured grounds. A combination court features regulation surface markings and floodlights configured for both basketball and tennis. Nearby, a resort-style swimming pool sits framed by a wide deck, an adjoining covered terrace, and a fully equipped outdoor summer kitchen.
Inside, the layout shifts to high-capacity entertainment spaces, highlighted by an 11-seat private cinema, a dedicated billiards parlor, and a temperature-controlled cellar capable of storing 500 wine bottles.
| Estate Parameter | Specification Detail |
|---|---|
| Sale Price | $4.35 Million |
| Purchase Price (April 2023) | $4.25 Million |
| Initial List Price (July) | $5.395 Million |
| Total Living Area | 7,831 Square Feet |
| Lot Size | 1.22 Acres |
| Bedrooms / Bathrooms | 7 Bedrooms (5 Main, 2 Guest Wing) |
| Vehicle Capacity |
Market Context: South Miami luxury properties traded at sharp premiums through early 2023, but sellers who tested the top of the market in mid-2024 have increasingly accepted price adjustments to finalize contracts. Lee's swift repositioning from a $5.395 million asking figure down to $4.35 million reflects a selective pool of ultra-high-net-worth buyers demanding realistic pricing on large, specialized footprints.
The identity of the buyer remains undisclosed in local property transfer records. With the Miami sale wrapped, Lee—widely recognized for his chart-topping collaboration "Sunflower" alongside Post Malone and projects with Travis Scott—returns his focus to his running concert dates in support of his solo studio project, 'Same Difference'.
| 15 Cars (7 Bays with Lifts) |
| Listing Brokerage | One Sotheby’s International Realty |