The Grammy-winning superstar has reportedly snapped up a stunning, hyper-luxurious waterfront estate in the exclusive Gables Estates community of Coral Gables, with a price tag last reported at an eye-watering $54.9 million.
A Trophy Estate in the New Celebrity Hotspot
Located at 41 Arvida Parkway, the property sits on an enviable 1.2-acre peninsula. If you’re going to own a $55 million home, it better come with some serious waterfront bragging rights. This estate delivers with a staggering 574 feet of prime water frontage and a private dock capable of mooring a 200-foot superyacht. Clearly, Abel Tesfaye’s fleet is about to get an upgrade.
The sheer scale of the residence is just as impressive. Spanning nearly 19,000 square feet, the contemporary home boasts:
- Eight Bedrooms and nine-and-a-half bathrooms.
- A 62-foot-long infinity pool complete with an intricate, coral-inspired mosaic design.
- A dramatic, double-height foyer with spectacular floating staircases.
- A grand primary suite sanctuary featuring a spa bathroom, private balcony, and a massive, all-white walk-in closet—perfect for his cutting-edge fashions.
- Multiple expansive living spaces, including a great room with a wall of windows that frame panoramic views of Biscayne Bay and the Miami skyline.
- An expansive outdoor entertaining area, a wet bar, a gym, and an outdoor kitchen.
Joining the Miami Music Elite
The Weeknd’s monumental purchase is the latest signal that South Florida is quickly becoming the ultimate luxury playground for music’s biggest names, rivaling the traditional celebrity hubs of Los Angeles and New York.
He’ll be joining a neighborhood already buzzing with musical royalty. The Gables Estates area is also home to producer and longtime collaborator Pharrell Williams, who purchased his own lavish estate nearby a few years ago. Furthermore, singer Robbie Williams recently bought a $40 million waterfront mansion in the neighboring Old Cutler Bay community.
With major industry tax benefits, year-round sun, and the unrivaled ability to dock a superyacht at your doorstep, it’s easy to see why Miami is drawing in the global elite.
The property was previously owned by oil recycling mogul Steven Lempera, who purchased it in 2019 for a reported $27.8 million. The nearly $55 million closing price—while a substantial profit for the seller—is poised to set a new benchmark for the ultra-luxury real estate market in Coral Gables.
