The purchaser of a waterfront estate in the Miami area for $10,135,000 was the executive officer of the hip-hop record label Quality Control Music.

Pierre “P” Thomas, the president of the Atlanta-based entertainment organization, has reportedly purchased a nearly 7,000-square-foot home in the Miami suburb of Aventura, Florida, according to Mansion Global. The property was initially listed at the end of the previous year with an asking price of $12.25 million. However, within a month, that price was reduced to its present level of $10.975 million.

The six-bedroom, five-bathroom residence in the gated community features an open floor plan, garden access via French doors, and water views. The photographs accompanying the listing depicted several areas of the residence: an entryway featuring 40-foot-tall ceilings, a living room featuring a double-sided aquarium and a fireplace, a formal dining room, and a family room situated opposite the aquarium.

Additionally, a breakfast room, a custom kitchen featuring Sub-Zero and Wolf appliances, a gas range, and access to the outdoors are provided. In addition, a game area and a home theater equipped with a confectionery counter and popcorn maker are available.

Outside are situated a jacuzzi, covered dining area, and pool. Additionally, a 50-foot yacht port is accessible at the exclusive marina of the island. The property features for its proprietors tennis facilities, a private beach, a fitness center, and a restaurant.

Listed on behalf of the property was Chad Carroll of The Carroll Group of Compass. His statement regarding the buyer or vendor was that “the area exemplifies the quintessential South Florida living experience.” However, he declined to elaborate.

According to public records, the last sale of the residence occurred in 2008 for $3.9 million. It was not possible to obtain comment from the sellers.

In 2013, Mr. Thomas and Kevin “Coach K” Lee established Quality Control Music as co-founders. A variety of artists are represented by them, such as Layton Greene, Lil Baby, City Girls, and Migos. According to Variety, the company was acquired by HYBE America, led by CEO Scooter Braun, for a reported $320 million in cash and stock earlier this year.