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The Weeknd Drops $54.9M on Waterfront Mansion in Exclusive Florida Enclave, Breaking Local Record

Summary by Fox Business
One headline-making real estate deal in the South Florida market is illustrating just how celebrity capital is reshaping the landscape.Pop music icon The Weeknd – whose real name is Abel Tesfaye – is under contract to purchase a $54.9 million waterfront property in the exclusive Coral Gables neighborhood."I think it brings an excitement to the community. It's like, okay, wow, we have somebody that brings us a buzz," Compass agent Maurice Boschet…

3 Articles

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Fox Business broke the news in United States on Saturday, October 11, 2025.
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