Rick Ross is spending an additional $20 million on gut renovations to this Miami estate he purchased for $35 million in August.
Miami’s own rap mogul Rick Ross is a titan in the music industry — and now, he has a grand home in the works, to boot.
Last summer, the Grammy-nominated rapper from Miami Gardens made headlines when he dropped a cool $35 million to acquire a waterfront estate on Star Island.
Ross, whose real name is William Leonard Roberts II, didn’t stop at that purchase price, The Post has learned.
He’s investing an additional $20 million in a gut renovation, transforming the property into a megamansion worth $0 that will rival the opulent homes of Miami’s elite, including billionaires like Jeff Bezos and Ken Griffin.
What’s in store is certainly quite luxe, including the addition of 4,000 square feet to its footprint.
“We are excited to be expanding the home towards the ocean and we are planning a Japanese rare Koi fish pond, the walls with maybe a Basquiat painting,” Ross told The Post.
The 25,000-square-foot home prior to the renovation.The Jills Zeder Group/1 Oak Studios
A rendering of the home after renovations are completed.MV Group USA
The primary ensuite bathroom.The Jills Zeder Group/1 Oak Studios
The 12,400-square-foot mansion, located at 37 Star Island Drive, caught Ross’s eye last year. After getting the green light from the Star Island homeowners association in mid-July, Ross excitedly announced his acquisition on social media.
And it seems Ross’s A-list neighbors are just as thrilled about his new digs. Sean “Diddy” Combs, who resides nearby, even gifted Ross a golf cart to help him navigate the island’s exclusive confines.
But Ross isn’t just relying on his own tastes for this overhaul.
He’s enlisted the expertise of celebrity and billionaire homebuilder Manny Angelo Varas to bring his vision to life. Varas, known for his discretion with high-profile clients, is no stranger to creating lavish estates fit for the elite.
The foyer before the renovation.The Jills Zeder Group/1 Oak Studios
The foyer during the renovation.MV Group USA
The primary bathroom during the renovation.
Rick Ross and DJ Khaled, both synonymous with success in the music industry, are no strangers to the finer things in life. Their interest in this mansion signals not only a penchant for luxury living but also an investment in an iconic piece of real estate in one of the most sought-after locations in Miami.
The real estate market in Miami has been a hotbed for celebrity acquisitions, with A-listers from various industries seeking refuge in the city’s sun-soaked extravagance. The property, currently under consideration by Ross and Khaled, adds to the list of exclusive residences that have become synonymous with the Miami lifestyle.
As the two influential figures explore the expansive rooms and amenities of this mansion, the buzz surrounding their potential acquisition is reverberating through both the real estate and celebrity circles. The prоspect of Rick Ross and DJ Khaled making this waterfront haven their own reflects not only their personal success but also contributes to the ongoing narrative of Miami as a playground for the rich and famous.
In the world where luxury meets the rhythm of the city, this $31 million mansion stands as a symbol of aspiration and achievement. The unfolding story of Rick Ross and DJ Khaled’s interest in this opulent residence adds another chapter to the ever-evolving saga of Miami’s elite real estate scene.