According to the listing agent, Cyril Matz of Douglas Elliman, the rapper Lil Wayne recently parted ways with the beachfront mansion he owned in Miami Beach, Florida, for the price of $22.583 million.

According to the property records, the contemporary home was purchased by the rapper, whose true name is Dwayne Michael Carter Jr., for a price of $16.75 million in 2018. In September, he put it up for sale at a price of $29.5 million, but he ended up dropping it to $28 million later.

The person who facilitated the purchase, Mr. Matz, did not want to reveal who the buyer was.

It was immediately unsuccessful in attempting to contact Mr. Carter for comment.

The property features around 110 feet of sea frontage and a dock, and it is situated on Allison Island, which is a roughly 35-acre island in Biscayne Bay. According to Mr. Matz, the residence was constructed in 2017 and features approximately 10,600 square feet of space over seven bedrooms. There is also a home theater with suede wall coverings and an entryway that is paneled in mahogany. Sliding glass doors provide access to the garden, which features a sizable pool.

According to Mr. Matz, the property is around 0.5 acres, is one of the largest lots available on the island, and faces west, providing a view of La Gorce Island. He claimed that due to the lot’s size and location, it is a strong contender for the title of “the best lot” on Allison Island.

In general, he stated that purchasers have less of a sense of urgency than they had the previous year, but the market is still robust with limited inventory. “Properties that are priced correctly and in the right locations are selling,” he added. “People are buying.”

According to real estate appraisal firm Miller Samuel, the number of sales of premium single-family homes in Miami Beach decreased by 66.7% in the fourth quarter when compared with the pandemic-fueled market in the same period of 2021 The price of a luxury single-family home sold at the median level increased by 6.7% year-over-year. Mr. Carter, who is originally from New Orleans, possessed a home in the past that was located in Miami Beach and featured a shark lagoon and a rooftop skate park. In 2017, he made a profit of $10 million from the sale of that. The musician just shared his plans to release the next album in the “Carter” series, which will be the seventh overall.