The president of the hip-hop label Quality Control Music spent $10,135,000 on a waterfront mansion in the Miami area.

According to Mansion Global, Pierre “P” Thomas, the president of the Atlanta-based entertainment organization, has bought a nearly 7,000-square-foot residence in the Miami suburb of Aventura, Florida. The house was originally offered for $12.25 mιllιon at the end of the previous year, then about a month later, its price was lowered to its current asking price of $10.975 mιllιon.

The gated community’s six-bedroom, five-bathroom home has an open floor plan, water views, and French doors that open to the garden. In the listing’s photos, it was shown that the home had a foyer with 40-foot ceilings, a living room with a fireplace and a double-sided aquarium, a formal dining room, and a family room on the other side of the aquarium.

A bespoke kitchen with a gas stove, Sub-Zero and Wolf equipment, a breakfast room, and access to the outdoors is also included. There are also a game area and a home theater with a popcorn maker and a candy counter.

The second-floor master suite, according to the ad, has a private terrace, a walk-in closet, a separate sitting area, and a bathroom with a soaking tub and a separate shower.A covered dining area, pool, and jacuzzi are located outside. A 50-foot yacht dock is also available at the island’s exclusive marina. Tennis courts, a private beach, a fitness center, and a restaurant are all available to owners.

The property was listed by Chad Carroll of The Carroll Group of Compass. He said that “the area perfectly captures the quintessential South Florida living experience,” but he declined to comment on the buyer or seller.

Public records show that the house was last sold in 2008 for $3.9 mιllιon. It was impossible to contact the sellers for comment.

Mr. Thomas and Kevin “Coach K” Lee co-founded Quality Control Music in 2013. They represent a number of artists, including Layton Greene, Lil Baby, City Girls, and Migos. Variety reports that CEO Scooter Braun’s HYBE America purchased the business earlier this year for $320 mιllιon in cash and stock.