Reggaeton and Latin trap artist Nicky Jam sold his downtown Miami condo at One Thousand Museum for a profit.
The singer-songwriter-rapper, whose real name is Nick Rivera Caminero, sold his 4,600-square-foot unit for $7 million. He bought the four-bedroom, five-bathroom condo in the fall of 2021 for $5.7 million, which means he likely sold it for a roughly $1 million profit after paying commissions. The luxury condo tower was designed by the late Pritzker Architecture Prize-winning architect Zaha Hadid.
Caminero, who has collaborated with Daddy Yankee, J Balvin and Enrique Iglesias, among others, sold unit 1602 at 1000 Biscayne Boulevard. Tony Rodriguez-Tellaheche of Prestige Realty Group was the listing agent. Patricia Subiris-Gonzalez of Shelton and Stewart Realtors represented the buyer.
Rodriguez-Tellaheche declined to name the buyer, but said the buyer is relocating from Sunny Isles Beach. Subiris-Gonzalez declined to comment.
The half-floor unit was on the market for $7.2 million. Caminero had converted two of the bedrooms into closets to house his shoe collection, Rodriguez-Tellaheche said. The building’s amenities include an aquatic center with a pool, a sky lounge and a rooftop helipad.
Caminero previously owned a Miami Beach home on Palm Island, which he sold three years ago for $3.1 million. Rodriguez-Tellaheche said he is working with Caminero to find a condo nearby in downtown Miami.
Other unit owners and part-time residents at One Thousand Museum include David and Victoria Beckham, Marc Anthony and hospitality mogul David Grutman.
A development team led by Louis Birdman, Gilberto Bomeny, Kevin Venger, Gregg Covin and Todd Michael Glaser completed the 62-story, 84-unit tower in 2019.
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