Reggaeton artist Ozuna drops $5M on Coconut Grove house

Jon Beason, Ozuna and 3812 Park Avenue (Getty, Engel & Voelkers Coconut Grove)

The “New King of Reggaeton” has a new castle.

Juan Carlos Ozuna, known by his last name, closed on the house at 3812 Park Avenue in Miami’s Coconut Grove for nearly $5.5 million, under NibiruInternational LLC. Ozuna controls the company, which is named after his 2019 album, “Nibiru.”

Property records show the seller is former NFL linebacker Jon Beason, who played college football for the University of Miami, and professionally for the Carolina Panthers and New York Giants.

The Puerto Rican reggaeton and Latin trap singer, who has collaborated with Daddy Yankee, Anuel AA, Cardi B and others, is one of the best selling Latin artists of all time, according to El País.

Lourdes Alatriste

Lourdes Alatriste of Engel & Völkers Miami was the listing agent for the house, according to Zillow. Bernardo Hermilla of Coldwell Banker brought the buyer. Alatriste declined to comment on the buyer and seller.

The five-bedroom, seven-bathroom home in Coconut Grove spans about 7,000 square feet with a pool, wine cellar, home theater, outdoor kitchen and gym.

Beason paid $4.1 million for the house in 2016. He bought it from Jorge Gonzalez, vice chairman and CEO of City National Bank of Florida. It was built in 2013. Alatriste brokered the deal in 2016, as well.

A number of chart-topping artists have purchased homes in South Florida recently, led by Pharrell’s $30 million purchase of a Coral Gables house during quarantine.

Last year, Puerto Rican rapper and singer Anuel AA closed on his unit at Porsche Design Tower in Sunny Isles Beach for $6.25 million, and rapper Lil Pump bought a waterfront house in Miami Beach for nearly $5 million. Two years ago, reggaeton singer and songwriter Nicky Jam paid $3.4 million for a home on Palm Island in Miami Beach.

Write to Katherine Kallergis at kk@therealdeal.com

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from The Real Deal Miami & Miami Florida Real Estate & Housing News | & Curbed Miami - All https://therealdeal.com/miami/2020/08/10/reggaeton-artist-ozuna-drops-5m-on-coconut-grove-house/
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