After sitting on the market for over a year, music mogul and proud new dad DJ Khaled has dropped the price of his stunning five-bedroom Miami property.
After sitting on the market for over a year, music mogul and proud new dad DJ Khaled has dropped the price of his stunning five-bedroom Miami property.

DJ Khaled drops price of Miami mansion

After sitting on the market for over a year, renowned hit maker and proud new dad DJ Khaled has dropped the price of his Miami mansion in the hopes of finding a buyer.

The music industry titon has reduced the price of the stunning five-bedroom home to $AU 9.1 million ($US 5.99 million), down from its $US 8 million asking price.

Water views from every window.
Water views from every window.

No expense has been spared on the Florida estate, with the 44-year old spending a reported $2.5 million remodelling the home, according to the NY Post.

Multiple 14-carat gold chandeliers hang from ceilings, which have been fitted with Swarovski crystals.

DJ Khaled has dropped the price on his Miami mansion. Picture: NY Post
DJ Khaled has dropped the price on his Miami mansion. Picture: NY Post

Sneakerheads will be blown away by Khaled's epic shoe closet, which houses his expansive collection, with many of his rare kicks prominently featured in the music mogul's social media posts, where he has more than 18.5 million followers on Instagram.

A sneakerheads’ dream closet.
A sneakerheads’ dream closet.

Other stunning features include a gourmet chef's kitchen, luxe dining room with mounted TV, and spacious theatre room.

There are breathtaking bay views in every direction, including in the master bedroom.

The redesigned outdoor entertaining area, which has bound to have hosted a wild party or two, has a fire pit, large lagoon pool and separate elevated spa.

One of the many golden chandeliers in the property.
One of the many golden chandeliers in the property.

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Khaled - whose full name is Khaled Mohamed Khaled, recently upgraded in Miami to a jaw-dropping $US 25.7 million mansion, and has also been recently looking to purchase property in New York.

His current net worth is estimated to be over $US 65 million.

Chance the Rapper performs with DJ Khaled and Quavo during halftime at the 69th NBA All-Star Game in Chicago, Illinois. (Photo by Jonathan Daniel/Getty Images)
Chance the Rapper performs with DJ Khaled and Quavo during halftime at the 69th NBA All-Star Game in Chicago, Illinois. (Photo by Jonathan Daniel/Getty Images)

The listing agent is Janet Ben Zvi with ONE Sotheby's International Realty.

Originally published as DJ Khaled drops price of Miami mansion

Host a chandelier-lit dinner party.
Host a chandelier-lit dinner party.
DJ Khaled drops the price of his Miami mansion. Picture: NY Post
DJ Khaled drops the price of his Miami mansion. Picture: NY Post
Khaled has been in the shoe game for a long time now.
Khaled has been in the shoe game for a long time now.
Perfect place for a pool party.
Perfect place for a pool party.