Coral Gables, FL — Global music icon The Weeknd has reportedly gone into contract on a $54.9 million waterfront mansion in Coral Gables, underscoring the city’s growing prestige as one of South Florida’s most desirable luxury enclaves. The record-breaking purchase further cements Coral Gables as a destination for elite buyers seeking privacy, design, and access to Miami’s international lifestyle.
The mansion, located on a rare 1.5-acre V-shaped peninsula, is surrounded by water on three sides and offers 574 feet of pristine Biscayne Bay frontage. The home’s 140-foot private dock can accommodate a 200-foot superyacht, rivaling the most exclusive coastal properties in the world. With panoramic views of the bay and skyline, resort-style amenities, and a design built for both entertaining and tranquility, the property epitomizes the level of luxury that continues to define the Coral Gables market.
A Neighboring Icon: Villa De Casuarina
Just minutes away within the same guard-gated Gables Estates community lies 221 Casuarina Concourse—also known as Villa De Casuarina—a Mediterranean-inspired masterpiece listed by Nile Lundgren and Scott Porter of the Lundgren Team at SERHANT. Priced at $27,500,000, the home offers an extraordinary opportunity to own one of the area’s most significant estates at roughly half the price of The Weeknd’s newly acquired residence.
Built in 2000 and thoughtfully modernized, Villa De Casuarina spans more than 11,500 square feet and features eight bedrooms, ten bathrooms, and a grand foyer with soaring ceilings and Italian tile. The interiors blend old-world craftsmanship with contemporary luxury, offering formal and informal living spaces, a cedar wine cellar, theater, disco lounge, and a newly renovated chef’s kitchen with marble countertops, dual Sub-Zero refrigerators, and a Miele coffee station.
Resort-Style Living
The estate’s grounds showcase the essence of South Florida’s waterfront lifestyle. Manicured gardens, a heated pool, a summer kitchen, and expansive terraces overlook 388 feet of direct water frontage. A private dock provides space for a 60-foot yacht, and north-facing exposure ensures ideal natural light throughout the day. The property’s privacy, scale, and amenities create the atmosphere of a private resort within one of the country’s most exclusive gated communities.
Coral Gables on the Global Stage
The Weeknd’s high-profile acquisition adds to a growing list of celebrity and ultra-high-net-worth buyers choosing Coral Gables for its architectural pedigree, security, and sense of seclusion. With record-breaking sales and a steady influx of international investment, the area has emerged as a counterpart to Palm Beach and Beverly Hills—offering luxury at a more discreet and livable scale.
For discerning buyers, Villa De Casuarina represents the perfect convergence of timeless design, waterfront serenity, and enduring value within the same prestigious enclave. The home’s inclusion in recent national luxury listings underscores its significance in the broader Miami market and positions it as a compelling alternative for those seeking exclusivity without compromise.
For full listing details, visit SERHANT..
