Puerto Rican rapper buys Porsche Design Tower unit

Dezer paid $4.5M, including buyer’s premium, to buy the unit back at auction

Miami /
Aug.August 29, 2019 01:00 PM
Anuel AA and Porsche Design Tower (Credit: Getty Images, Wikipedia)

Anuel AA and Porsche Design Tower (Credit: Getty Images, Wikipedia)

Puerto Rican rapper and singer Anuel AA closed on his unit at Porsche Design Tower in Sunny Isles Beach.

Property records reveal the Latin trap artist, whose real name is Emmanuel Gazmey Santiago, paid $6.25 million for the three-bedroom, 4,794-square-foot unit via 3605 P0442 LLC. The deal reportedly closed in April, but was just recorded in Miami-Dade County.

Anuel AA won the 2019 Billboard Latin Music Award for new artist of the year.

Developer Gil Dezer sold the unit to the rapper’s LLC, which is also controlled by his father, Jose Gazmey, who was the vice president of the A&R department of Sony Music Entertainment’s Puerto Rican division.

Dezer delivered the 132-unit, 60-story tower at 18555 Collins Avenue in 2016, and sold the unit to AD Royale, a company controlled by Dariusz Robert Wojdyga, a wealthy Polish investor, and his wife Agnieszka Gasior, in March 2017.

Wojdyga then tried to flip the unit for $8.9 million, only to end up selling it via auction to Dezer for $4.1 million.

With the buyer’s premium, Dezer paid about $4.5 million to close on the condo in October. The sellers had spent about $1 million building out the unit with Interiors by Steven G, with a designer kitchen with Miele appliances and motorized cabinets, a master bathroom with a stone spa bath and Dornbracht fixtures.

Owners at Porsche Design include Mexican billionaire Carlos Peralta Quintero, Colorado Rockies player Carlos “CarGo” Gonzalez, Russian businessman Igor Yakovlev, and Terry Taylor, the president of a major car dealership, who paid $25 million, or $2,615 per square foot, for a four-story penthouse at the tower.

Dezer Development completed the building in November 2016 and celebrated its opening with a private party that featured a performance from Alicia Keys.


Related Articles

arrow_forward_ios
Regalia condominium tower at 19575 Collins Avenue in Sunny Isles Beach (Google Maps)
Regalia association scores $18M settlement in construction defects lawsuit
Regalia association scores $18M settlement in construction defects lawsuit
Laurie Stark and Turnberry Ocean Club (Getty)
Chrome Hearts co-owner Laurie Stark pays $7M for Sunny Isles Beach condo
Chrome Hearts co-owner Laurie Stark pays $7M for Sunny Isles Beach condo
Formula 1 hasn't raced in Florida since 1959. (Getty, Related)
Real estate industry to kick it into high gear, as Miami joins F1’s circuit
Real estate industry to kick it into high gear, as Miami joins F1’s circuit
Lionel Messi and photos of the Regalia unit (Getty)
Goooooool: Lionel Messi’s family scores condo in Sunny Isles Beach
Goooooool: Lionel Messi’s family scores condo in Sunny Isles Beach
The Sunny Isles residential tower. (The Ritz-Carlton Residences)
Top security? Prison equipment mogul drops $26M on Ritz-Carlton Sunny Isles penthouse
Top security? Prison equipment mogul drops $26M on Ritz-Carlton Sunny Isles penthouse
Gil Dezer, Bentley CEO Adrian Hallmark and a rendering of Bentley Residences (Getty, iStock)
Gil Dezer partners with Bentley for luxury condo tower in Sunny Isles Beach
Gil Dezer partners with Bentley for luxury condo tower in Sunny Isles Beach
Watch: Gil Dezer on guerilla marketing and working with Donald Trump
Watch: Gil Dezer on guerrilla marketing and working with Donald Trump
Watch: Gil Dezer on guerrilla marketing and working with Donald Trump
Matthias Krull (Linkedin, iStock, US District Court - Sourthern District of Florida/Illustration by Alexis Manrodt for The Real Deal)
Swiss banker’s sentence slashed in alleged $1B Venezuelan money laundering scheme
Swiss banker’s sentence slashed in alleged $1B Venezuelan money laundering scheme
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...