The superstar recording artist and hip-hop personality DJ Khaled is doubling down on his South Florida roots.
Khaled, who began his career spinning records for the Miami-based WEDR 99 Jamz in 1998, has signed a contract to plunk down $25.9 million for a five-bedroom, 13,000 square-foot waterfront home in Miami Beach, according to the Wall Street Journal.
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The seller is Michael Lerner, the mogul who created the “Baby on Board” signs in the 1980s. Lerner listed the property in 2016 for $29.5 million. Lerner bought the one-acre lot in 2013 for $4.95 million and built the mansion intending to live it in himself before deciding to relocate to Palm Beach.
The estate features an elevator, an 80-foot swimming pool, a safe room, a four-bedroom guest house and a private dock on Indian Creek.
Khaled is a prolific music producer and recording artist who has worked with practically every big name in the hip-hop and R&B fields, including Jay-Z, Beyoncé, Nicki Minaj, Drake, Pitbull, Lil Wayne and Mary J. Blige.. He has released 10 albums, with his 11th scheduled to drop sometime in October.
In August, Khaled launched a new line of home furnishings , called “We the Best Home,” with El Dorado Furniture. The name was spun off Khaled’s production/management company We the Best Music, which he launched in 2006.