$4.35 Million Nicky Jam House in Edgewater, Miami

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The Nicky Jam house sits high above Biscayne Bay in one of Miami’s most exciting neighborhoods. Right now, the reggaeton superstar is selling his waterfront condo in the Elysee tower. He bought this place just over a year ago. The property shows off floor-to-ceiling windows and a massive terrace with sunrise views. Fans of the “El Perdón” singer know he’s always on the move. His real estate choices prove it. From Palm Island mansions to downtown Miami penthouses, the Nicky Jam house story tells us about a guy who loves the city but wants something different now. He’s ready to trade the downtown buzz for quieter suburban life.

Who is Nicky Jam?

Nick Rivera Caminero, known professionally as Nicky Jam, was born on March 17, 1981, in Lawrence, Massachusetts, to a Dominican mother and Puerto Rican father. He started making music when most kids were just learning their times tables. Nicky Jam has a net worth of $25 million and he’s earned every penny through decades of grinding in the music business.

The artist owns a killer car collection. His garage includes a Rolls-Royce Cullinan, Lamborghini Huracan, Lamborghini Aventador, Ferrari F12 Berlinetta, and multiple Bentley models. He also owns a private jet painted white that he uses to fly between concerts. The plane became famous when he won a bet with Air Europa. They gave his aircraft a custom paint job to match his music video.

Over the years, he’s bought and sold several homes. His real estate moves include a starter home in Miami purchased for $1.7 million in 2017, a Palm Island property bought for $3.4 million in 2019, and a downtown Miami condo at One Thousand Museum for $6 million in 2021. Each property shows his taste for modern design and waterfront living. There’s no public record of him owning a yacht or private island. But with his touring schedule and music royalties, those additions might not be far off.

Category Details
Full Name Nick Rivera Caminero
Stage Name Nicky Jam
Date of Birth March 17, 1981
Place of Birth Lawrence, Massachusetts, USA
Age 44 years old (as of 2025)
Nationality American
Ethnicity Puerto Rican and Dominican
Profession Singer, Songwriter, Actor, Producer
Genres Reggaeton, Latin Trap
Net Worth $25 million
Children Four

Where Does Nicky Jam Live Now?

Nicky Jam closed on a condo at the Elysee in Miami’s Edgewater neighborhood in March 2024 for $4.1 million. But he’s not staying long. The singer listed the property for sale in July 2025 at $4.35 million. That’s a quick flip. His listing agent told reporters that Nicky “wants to take a break from the downtown living scene to enjoy the ample space, lush greenery and calmer lifestyle that the Miami suburbs have to offer.”

The move makes sense. After years of high-rise living and city noise, many celebrities eventually crave grass and space. His search for a new home is ongoing. Miami suburbs like Coral Gables, Pinecrest, and Coconut Grove offer the quiet life he wants. These neighborhoods have big lots and tree-lined streets. They’re still close enough to the action when he needs it.

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Right now, his current address is technically the Elysee tower. But once that sale closes, he’ll be packing boxes and heading somewhere with more elbow room. The reggaeton king is ready for a backyard.

Nicky Jam House

The Nicky Jam house at the Elysee represents his latest chapter in Miami real estate. This three-bedroom, 3.5-bathroom residence spans 3,100 square feet and features a 1,100-square-foot terrace wrapped around the unit. The views alone could make anyone want to stay forever. Biscayne Bay spreads out below. The Miami skyline rises in the distance. Every morning brings a sunrise show from that massive terrace.

The interior design came from Jean-Louis Deniot, featuring an eat-in chef’s kitchen trimmed in stone, a spa-style primary bath, and an open living-dining zone flooded with natural light. Floor-to-ceiling windows wrap around the space. You barely need lights during the day. The kitchen has top-of-the-line appliances and enough counter space to host a dinner party. The master bathroom feels like a five-star hotel spa.

The Elysee building itself offers amenities spread across three floors, including a marble lobby, an exclusive bay-front lounge, and a sunrise pool overlooking the water. There’s also a wellness level with a resort-sized lap pool. A summer kitchen with a barbecue terrace lets residents grill with a view. The gym looks like something from a fitness magazine.

The 30th floor hosts the Sky Lounge, a lavish retreat with a full bar, library, high-definition theater, sprawling dining room, and game room. Building residents can throw parties up there or just hang out with friends. The 57-story glass tower was designed by Arquitectonica. It opened in 2021 and quickly became one of Edgewater’s most recognizable buildings.

The private foyer entrance gives each unit its own identity. You don’t share hallways with dozens of neighbors. It feels more like a house than an apartment. The designer lighting throughout creates different moods for different times of day. Everything about this place screams modern luxury.

1. Where Is Nicky Jam House?

The Nicky Jam house stands in the Elysee tower in Edgewater, Miami. The building sits directly on Biscayne Bay, placing residents near downtown Miami, Wynwood, the Design District, and the beach. The location is basically perfect for someone who wants everything close. You can walk to restaurants in minutes. The Arsht Center for performing arts is nearby. Bayside Marketplace sits just down the road.

Edgewater has become one of Miami’s hottest neighborhoods. New towers keep popping up. Young professionals and celebrities both call it home. The area has that perfect mix of residential calm and urban energy. You’re not in the middle of South Beach chaos, but you’re not stuck in the suburbs either.

The building’s location means residents avoid Miami’s notoriously clogged highways. Everything you need is within a short drive or walk. That convenience is worth its weight in gold in a city famous for traffic jams. The waterfront position also means cooling breezes year-round. Miami summers get brutal. Those bay breezes make all the difference.

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His previous homes tell the story of his Miami journey. The Palm Island house sat at 240 Palm Island Drive, a gated community famous for celebrity residents. Past Palm Island residents included rapper Birdman and infamous gangster Al Capone. Before that move to the suburbs he’s planning, Nicky also owned a unit at One Thousand Museum on 1000 Biscayne Boulevard, another Zaha Hadid-designed tower. Each address shows his taste for exclusive addresses and modern architecture.

2. Features of Nicky Jam House

The Nicky Jam house packs serious style into its 3,100 square feet. The design emphasizes open space and natural light, with floor-to-ceiling panoramas of water and downtown Miami. Walking through that private foyer, you immediately notice how the windows dominate every room. The designers wanted to blur the line between inside and outside. They succeeded.

The terrace measures over 1,100 square feet, making it almost as big as many one-bedroom apartments. You could host a full party out there. Morning coffee watching the sunrise. Evening drinks watching the city lights flicker on. The outdoor space might be the best feature of the entire unit. It wraps around the front of the condo, giving multiple vantage points for different views.

The architectural style follows the modern Miami aesthetic. Clean lines. Lots of glass. Neutral colors that let the views do the talking. Details include intricate millwork and designer lighting throughout. The millwork adds warmth to spaces that could otherwise feel too sleek. Custom built-ins provide storage without cluttering the visual flow.

The Elysee tower itself stretches 57 stories high with only 100 units total. That means fewer neighbors and more exclusivity. The telescope-shaped design makes the building instantly recognizable on the Miami skyline. Arquitectonica, the firm behind it, specializes in bold, sculptural buildings. They wanted something that would stand out. Mission accomplished.

The unit sits high enough to catch unobstructed views but not so high that the elevator ride feels eternal. Each bedroom gets natural light and enough space for king-sized beds. The 3.5 bathrooms mean no fighting over the shower in the morning. The layout flows naturally from public spaces to private ones. You can entertain guests in the living room without them wandering into the bedroom wing.

Nicky Jam Real Estate Portfolio

In 2017, Nicky Jam paid $1.7 million for a starter home at 9500 Southwest 94th Court in the Kendall area of Miami. This marked his first major real estate purchase in South Florida. The house sat in a family-friendly neighborhood. He sold this property in July 2018 for $2 million, making a quick profit as he upgraded his living situation. That early flip showed his eye for value.

In August 2018, he bought a newly built contemporary mansion at 240 Palm Island Drive for $3.4 million. Built in 2016 by Sabal Development, the five-bedroom, five-bathroom residence spanned more than 3,600 square feet. Features included a large infinity pool, chef’s kitchen, two-car garage, and a master suite with a private terrace. Palm Island offered the gated security and waterfront lifestyle that celebrities crave.

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The house featured modern design both inside and out, with an open-concept living room and kitchen. Floor-to-ceiling glass windows led to the backyard and patio. The second floor had a balcony running the length of the house. The exteriors mixed right angles with wood cladding and black-and-white painted stucco. The lot measured about a fifth of an acre. Residents of the gated community had access to shared tennis and basketball courts.

He sold the Palm Island property in February 2021 to Christian Iacovelli, president and CEO of Rally Manufacturing, for $3.1 million. That represented a loss of about $300,000 plus commissions. Sometimes timing works against you in real estate. The sale came during an uncertain period in the Miami market.

In September 2021, Nicky upgraded to a 4,600-square-foot unit at One Thousand Museum in downtown Miami for $6 million. The luxury condo featured five bedrooms and five bathrooms, with Italian-designed walk-in closets and state-of-the-art home automation. The building was designed by the late Pritzker Prize-winning architect Zaha Hadid. Other residents included David and Victoria Beckham and hospitality entrepreneur David Grutman.

The half-floor unit offered an oversized terrace overlooking Biscayne Bay. Building amenities included an aquatic center with indoor pool, sky lounge, private rooftop helipad, 24-hour security, and valet staff. Living there meant access to services most people only see in movies. The helipad alone tells you the level of wealth concentrated in that building.

In February 2024, he sold the One Thousand Museum condo for $7 million, earning roughly $1 million in profit after commissions. That successful flip helped fund his next move. He then purchased the Elysee condo in March 2024 for $4.1 million. Each property change shows his evolving needs and tastes.

His childhood was far from these luxury addresses. He moved to Puerto Rico at age ten when his family relocated from Massachusetts. He began recording music at age fourteen with his first EP. Those early days in Puerto Rico shaped the hungry artist who would eventually afford Palm Island mansions and downtown penthouses. The journey from grocery store rapper to millionaire real estate investor proves that talent and hard work can change everything.

Conclusion

The Nicky Jam house journey shows a smart investor who knows when to buy and when to sell. His current Edgewater condo represents the latest chapter. But it won’t be the last. As he moves toward suburban living, fans can expect him to find something with more space and privacy. Maybe a sprawling Coral Gables estate with a recording studio. Or a waterfront Coconut Grove mansion with boat access. Whatever he chooses next, it will reflect his status as one of reggaeton’s biggest stars. The kid who rapped at a grocery store now owns properties worth millions. That’s the American dream set to a reggaeton beat.

Roger Angulo
Roger Angulo, the owner of thisolderhouse.com, curates a blog dedicated to sharing informative articles on home improvement. With a focus on practical insights, Roger's platform is a valuable resource for those seeking tips and guidance to enhance their living spaces.

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