Rick Ross sells waterfront Fort Lauderdale mansion for $6M

The rapper's mother, Tammie Roberts, paid $5M for the property in 2012

Sep.September 27, 2016 10:32 AM

Rapper and entrepreneur Rick Ross sold his waterfront Fort Lauderdale estate for about $6 million in mid-September, records show. 

Rick Ross’ mother Tommie A. Roberts sold the three-story, 10,086-square-foot mansion at 2328 Aqua Vista Boulevard to Paul D. DeAngelo, co-founder and president of DBi Services, a transportation infrastructure management, operations and maintenance company based in Hazleton, Pennsylvania.

Ross, whose real name is William Leonard Roberts II, founded his record label Maybach Music Group in 2009 and is known for songs that include “Purple Lamborghini” from his album Suicide Squad and “Hustlin'” from his first album, Port of Miami. His net worth is estimated to be between $35 million and $42 million. He also has homes in Fayetteville, Georgia, Miami Gardens and Davie.

His mother paid $5.175 million for the Fort Lauderdale property in 2012 and transferred ownership to an LLC she controls in October of last year.

The eight-bedroom Mediterranean-style home has two master suites, a theater, game room, full bar, elevator, and a pool with a bar and spa. It sits on an 18,150-square-foot lot with 150 feet of water frontage. Luis Iglesias of Iglesias Realty Group represented the seller, and Century 21 Universal Luxury represented the buyer, according to Redfin.

The home had been on the market since December 2014. “Initially he didn’t want to sell but was willing to entertain any outlandish offers,” listing agent Iglesias told The Real Deal. He dropped the price to $6.5 million in July from $9.25 million in 2014, Redfin shows.

Curbed first reported the sale.

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