Rapper Drake Selling Miami Digs

Buy this newly-listed apartment, and it may just be the best you ever had.

Drake, the rapper and Grammy-nominated recording artist who currently holds the spot for #1 rap album in America, has just put not one, but two, of his Miami apartments on the market. The side-by-side units, 4906 and 4905 in the Marquis Residences, both boast 20-foot-high ceilings with waterfront views, glass walls and marble staircases, and can be combined as a single apartment to create 5,475 square feet of living space. The total asking price? $2.5 million (the larger 4906 is selling for $1.9 million, while 4905 is priced at $599,000).

"Both units are just stunning," says listing agent Jill Hertzberg. "Everything is state-of-the-art, from the kitchen with oversized Viking appliances, to the two-story, soaring living rooms -- mesmerizing views."

Plus, according to Coldwell Banker, the apartments are located in one of Miami's most "elegant" buildings on Biscayne Boulevard, featuring A-list amenities such as a spa and fitness center, an open-air sky pool deck, state of the art meeting room facilities and private elevators.

Not that any of this is shocking, coming from a man who waxes lyrical (literally) about his wealth in songs like "Successful" ("They be starin' at the money / I get it, I live it, to me there's nothing realer") and who ranked 11th in Forbes' 2011 "Hip Hop Cash Kings" list, with $11 million to his name from record sales, tours and endorsement deals with Sprite and Kodak. Oh, and did we mention he's only 25 years old?

Not bad, coming from a B-grade teen acting career in which he starred as Jimmy in "Degrassi: The Next Generation," a character who was shot and consequently paralyzed for the rest of the series.

Coldwell Banker has both listings (4906 and 4905).

Also see:
Ice's Advice: What Vanilla Ice Wants Homeowners to Know
O.J. Simpson Faces Foreclosure on Florida Home
Clippers' Chris Paul Scores House From Avril Lavigne

• <p> <br /> <strong>FHA Conforming Loan Limit: $729,750</strong></p> <p> Price: $729,000<br /> Beds/Baths: 3/2<br /> Sq. Ft.: 1,250<br /> <br /> As you might expect in the country's most expensive city, New York residential real estate has the highest conforming loan limit allowed under law,&nbsp;$729,750. While in the chicer parts of Manhattan that'll get you beans, if you're willing to live a little south of the action, you can snatch up an apartment like <a href="http://realestate.aol.com/homes-for-sale-detail/500-Grand-St_New-York_NY_10002_M34853-29292" target="_blank">this three-bedroom</a> -- for only 3.5 percent down.&nbsp;<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-listings/New-York_NY" target="_blank">homes for sale in New York, N.Y</a>.&nbsp;</p>
• <p> That's ample space for a New York apartment. And with its gleaming hardwood floors and spic-and-span kitchen, this downtown dwelling strikes us as a pretty good deal.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/New-York_NY" target="_blank">homes for sale in New York, N.Y</a>.&nbsp;</p>
• <p> <br /> <strong>FHA Conforming Loan Limit:&nbsp;$729,750</strong><br /> <br /> Price: $729,000<br /> Beds/Baths: 2/2<br /> Sq. Ft.: N/A<br /> <br /> The country's second biggest -- and notoriously traffic-plagued -- city is also just about as expensive as it gets. Awesome views of Beverly Hills, Wilshire Blvd. and the mountains beyond are the highlight of this <a href="http://realestate.aol.com/homes-for-sale-detail/2170-Century-Park-E_Los-Angeles_CA_90067_M14045-21505?mlslid=11-555327" target="_blank">classy apartment</a>.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Los-Angeles_CA" target="_blank">homes for sale in Los Angeles, Calif</a>.&nbsp;</p>
• <p> This apartment's building is set on a 3.5 acre lot that offers a pool, tennis court and fitness center. There's also valet parking and a concierge. &nbsp;But if you have pets... well, that's OK! The listing boasts of the building's &quot;rare pet friendly environment.&quot;&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Los-Angeles_CA" target="_blank">homes for sale in Los Angeles, Calif</a>.&nbsp;</p>
• <p> </p> <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> &nbsp;<br /> <strong>FHA Conforming Loan Limit: $410,000</strong><br /> <br /> Price: $409,000<br /> Beds/Baths: 3/3<br /> Sq. Ft.: 2,000<br /> <br /> Chicago's conforming loan limit is substantially lower than those of Los Angeles or New York. At $409,000 this <a href="http://realestate.aol.com/homes-for-sale-detail/1444-N-Bosworth-Ave_Chicago_IL_60642_M89961-71095" target="_blank">duplex flirts</a> with its FHA-loan ceiling. The apartment's kitchen has a cherry-stained inlay floor with a breakfast bar.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Chicago_IL" target="_blank">homes for sale in Chicago, Ill</a>.&nbsp;</p> </div>
• <p> In all, the home has 25 windows. If that's not enough to take in the views, you can venture out to the home's landscaped patio or enclosed balcony, &quot;perfect for morning coffee,&quot; asserts the <a href="http://realestate.aol.com/homes-for-sale-detail/1444-N-Bosworth-Ave_Chicago_IL_60642_M89961-71095" target="_blank">listing</a>.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Chicago_IL" target="_blank">homes for sale in Chicago, Ill</a>.&nbsp;</p>
• <p> <br /> <strong>FHA Conforming Loan Limit: $420,000</strong><br /> <br /> Price: $419,000<br /> Beds/Baths: 1/1<br /> Sq. Ft.: 822<br /> <br /> Our country's fifth largest city doesn't have property values as high as you might think. The relatively low median sale price of $305,000 pulls the FHA conforming loan limit down to $420,000. That delivers one bedroom and one bathroom in the case of this <a href="http://realestate.aol.com/homes-for-sale-detail/2101-Market-St-Unit-2605_Philadelphia_PA_19103_M43988-87151?mlslid=5875423" target="_blank">contemporary apartment</a>. Is the stunning skyline looming outside the apartment's floor-to-ceiling windows worth that sum? Your call.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Philadelphia_PA" target="_blank">homes for sale in Philadelphia, Pa</a>.&nbsp;</p>
• <p> The hanging lights, gleaming marble countertops and hardwood floors make this space quite the flashy abode. But with only one bedroom, couch-surfing friends will probably have to take the, uh, couch.<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-listings/Philadelphia_PA" target="_blank">homes for sale in Philadelphia, Pa</a>.&nbsp;</p>
• <p> </p> <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> <br /> <strong>FHA Conforming Loan Limit: $271,050</strong><br /> <br /> Price: $270,000<br /> Beds/Baths: 4/2<br /> Sq. Ft.: 2,791<br /> <br /> The Loan Star State's real estate comes pretty darn cheap and Houston dirt is no exception. The FHA will only insure your loan up to $271,050. But, considering bang-for-your-buck value in the state, that means the government will sponsor some pretty comfortable digs. This <a href="http://realestate.aol.com/homes-for-sale-detail/11826-Orchard-Mountain-Dr_Houston_TX_77059_M77487-05012" target="_blank">2,791-square-foot traditional</a> home offers four bedrooms on its well-landscaped plot. If the place strikes a chord with you, be sure to make the open house this weekend. See the <a href="http://realestate.aol.com/homes-for-sale-detail/11826-Orchard-Mountain-Dr_Houston_TX_77059_M77487-05012" target="_blank">listing</a> for details.&nbsp;<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-listings/Houston_TX" target="_blank">homes for sale in Houston, Texas</a>.&nbsp;</p> </div>
• <p> Think back to that stylish Philly apartment. You know, the one-bedroom that cost in the neighborhood of $400,000? Now consider that this home's living room alone probably comes somewhere close to rivaling that apartment in total size. A reminder of just how much location determines value.<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-listings/Houston_TX" target="_blank">homes for sale in Houston, Texas</a>. &nbsp;</p>
• <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> <br /> <strong>FHA Conforming Loan Limit: $346,250</strong><br /> <br /> Price: $345,500<br /> Beds/Baths: 4/3<br /> Sq. Ft.: 2,707<br /> <br /> Located on a cul-de-sac, this <a href="http://realestate.aol.com/homes-for-sale-detail/2309-E-Lincoln-Cir_Phoenix_AZ_85016_M23878-69610 " target="_blank">Phoenix home</a> offers four bedrooms. At $345,500 it's priced close to $150,000 above the median sale price, allowing relatively well-heeled borrowers to take out substantial loans for as low as, you guessed it, 3.5 percent down.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-detail/2309-E-Lincoln-Cir_Phoenix_AZ_85016_M23878-69610" target="_blank">homes for sale in Phoenix, Ariz</a>.&nbsp;</p> </div>
• <p> </p> <p> Landscaped with native plants and trees and sited near a mountain, this shingle-roofed house boasts generous space, an outdoor patio and even a backyard.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Phoenix_AZ" target="_blank">homes for sale in Phoenix, Ariz</a>.&nbsp;</p>
• <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> <br /> <strong>FHA Conforming Loan Limit: $332,500</strong><br /> <br /> Price: $329,648<br /> Beds/Baths: 4/4<br /> Sq. Ft.: 3,106<br /> <br /> While the space may distinguish <a href="http://realestate.aol.com/homes-for-sale-detail/12714-Gladiolus-Way_San-Antonio_TX_78253_M88209-22757?ex=TX532033307" target="_blank">this home</a> on paper, the home's interior really seems to set it apart. There are stone-arched doorways, exposed-beam ceilings and black hardwood floors. All of it potentially attainable for just 3.5 percent.<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/San-Antonio_TX" target="_blank">homes for sale in San Antonio, Texas</a>.&nbsp;</p> </div>
• <p> The decor of the place gives it an elegant glow. When you move from room to room, you might turn your head now and then.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/San-Antonio_TX" target="_blank">homes for sale in San Antonio, Texas</a>.&nbsp;</p>
• <p> <br /> <strong>Conforming Loan Limit: $271,050</strong><br /> <br /> Price: $269,500<br /> Beds/Baths: 4/3<br /> Sq. Ft.: 3,205<br /> <br /> Less than $300,000 gets you this <a href="http://realestate.aol.com/homes-for-sale-detail/3612-Sam-Rayburn-Trl_Dallas_TX_75287_M76951-58897?mlslid=11616329 median 210,000" target="_blank">gleaming new traditional</a>. The cream-colored interior's open floor plan and high ceilings make its 3,205 square feet feel even airier than it is.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Dallas_TX" target="_blank">homes for sale in Dallas, Texas</a>.&nbsp;</p>
• <p> With soaring ceilings, classy upholstery and quite a bit of space this Texas house seems almost like a luxury home. If it is, then it's a luxury home that costs only $84 per square foot.&nbsp;<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-listings/Dallas_Texas" target="_blank">homes for sale in Dallas, Texas</a>.&nbsp;</p>
• <p> </p> <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> <br /> <strong>FHA Conforming Loan Limit:&nbsp;$729,750</strong><br /> <br /> Price: $729,000<br /> Beds/Baths: 3/2<br /> Sq. Ft.: 2,149<br /> <br /> Now move to <a href="http://realestate.aol.com/homes-for-sale-detail/1742-El-Dorado-Ave_San-Jose_CA_95126_M13376-23178" target="_blank">$339 per square foot</a> -- that's closer to the norm in San Jose, where the conforming loan limit, like its big brothers New York and Los Angeles, maxes out at the national limit of $729,750.&nbsp;<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-detail/1742-El-Dorado-Ave_San-Jose_CA_95126_M13376-23178" target="_blank">homes for sale in San Jose, Calif</a>.&nbsp;</p> </div>
• <p> In addition to this sun porch, the <a href="http://realestate.aol.com/homes-for-sale-detail/1742-El-Dorado-Ave_San-Jose_CA_95126_M13376-23178" target="_blank">ranch home</a> offers a well-landscaped front yard and backyard with patio on its 1/5-acre plot.<br /> <br /> See the more <a href="http://realestate.aol.com/homes-for-sale-detail/1742-El-Dorado-Ave_San-Jose_CA_95126_M13376-23178" target="_blank">homes for sale in San Jose, Calif</a>. &nbsp;</p>
• <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <p> <br /> <strong>FHA Conforming Loan Limit: $387,500</strong><br /> <br /> Price: $379,900<br /> Beds/Baths: 4/4<br /> Sq. Ft.: 2,831<br /> <br /> Ravaged by the foreclosure crisis, Jacksonville real estate values have plummeted over the last few years, allowing deals like this <a href="http://realestate.aol.com/homes-for-sale-detail/12213-Cattail-Dr_Jacksonville_FL_32223_M69954-43782" target="_blank">large single family</a>. Priced at $379,900, the home is just shy of the point where the government steps back and says: &quot;It's 20 percent from here on out.&quot;&nbsp;<br /> <br /> See other <a href="http://realestate.aol.com/homes-for-sale-detail/12213-Cattail-Dr_Jacksonville_FL_32223_M69954-43782" target="_blank">homes for sale in Jacksonville, Fla</a>.&nbsp;</p> </div>
• <p> Who knew you could find a glass-enclosed pool just yards from a pond on a property below $400,000. An amenity like this, plus the home's exquisite, varnished interior should be a reminder that today's market is, undoubtedly, a buyer's one. Worried you're not up to financial snuff? In case you didn't hear, you can buy a lot of homes like this one for just 3.5 percent down.<br /> <br /> See more <a href="http://realestate.aol.com/homes-for-sale-listings/Jacksonville_FL" target="_blank">homes for sale in Jacksonville, Fla</a>.&nbsp;</p>
• <p> </p> <p> </p> <div style="font-size: 10pt; line-height: 12pt; "> <div style="font-size: 10pt; line-height: 12pt; "> <p> Find&nbsp;<a href="http://realestate.aol.com/blog/homes-for-sale/" target="_blank">homes for sale in your area</a><br /> See&nbsp;<a href="http://realestate.aol.com/blog/gallery" target="_blank">more&nbsp;<em>AOL Real Estate</em>&nbsp;galleries</a><br /> <br /> GALLERIES:<br /> <a href="http://realestate.aol.com/blog/2011/08/21/homes-for-less-than-100-000-youd-actually-want-to-buy/" target="_blank">Homes For Less Than $100,000 (You'd Actually Want To Buy)</a><br /> <a href="http://realestate.aol.com/blog/gallery/monster-houses/" target="_blank">Monster Houses</a><br /> <br /> VIDEOS:<br /> <a href="http://realestate.aol.com/blog/category/my-next-move" target="_blank"><br /> My Next Move: Homebuyers Share Their Stories</a><br /> <a href="http://realestate.aol.com/blog/2011/08/22/is-that-house-worth-the-asking-price-video/" target="_blank">Is That House Worth the Asking Price?</a></p> </div> </div> <p> </p>

More on AOL Real Estate:
Find out how to calculate mortgage payments.
Find homes for sale in your area.
Find foreclosures in your area.
See celebrity real estate.