DJ Khaled has discovered his next significant acquisition: a sprawling 12,750-square-foot residence in Miami Beach.The waterfront property, originally listed at $25.9 million, has recently gone under contract, with the purchaser identified as the hip-hop producer turned social media luminary, according to sources from The Times.Originally owned by Michael Lerner, the entrepreneur renowned for popularizing the “Baby on Board” sign, the house was initially listed in 2016 for $29.5 million.However, in March, Lerner reduced the price by $4 million. The residence features five bedrooms and a blend of contemporary living areas across its two stories.Notable elements include a spacious great room adorned with Cumaru wood ceilings, a stylish dining room, and a kitchen centered around a sizable island.

Ascending a floating staircase leads to the second floor, where a master suite enveloped in mahogany opens up to a private balcony.The property boasts additional amenities such as a secure room, an elevator, and a home theater.The backyard encompasses an impressive 80-foot swimming pool and a two-story gazebo equipped with a winding staircase, kitchen, and outdoor shower.On the opposite side of the one-acre grounds, a four-bedroom guesthouse brings the total bedroom count to nine, along with 10.5 bathrooms.The listing was managed by Eloy Carmenate and Mick Duchon of Douglas Elliman, while Khaled was represented by Orli Rudolph of NextHome Realty Professionals.Unfortunately, none of the parties involved could be reached for comment.