Kim Kardashian’s Christmas gift from Kanye apparently didn’t fit since the rapper decided to return it. West, who reportedly dropped $14 million on a Miami condo in a building known as the Billionaire Beach Bunker, has backed out of the deal. Sources say Kardashian "wasn't so happy about the expensive surprise."
The Bunker, aka The Faena House building, has 18 floors with wrap-around balconies and includes a gym, pool, spa, and more. The condo that West was interested in was a four bedroom, five and a half bathroom unit. Residents of the building include Lloyd Blankfein, Len Blavatnik and José Fanjul Jr. The couple, who is now expecting a fourth baby via surrogate, may also need more than four bedrooms.
Looks like Kim and Kanye took a pass on a Miami Beach condo https://t.co/4mnxMAFH2k pic.twitter.com/xi64tIrNoP
— Miami Herald (@MiamiHerald) February 7, 2019
The return came with a hefty price tag. The rapper will reportedly lose the $600,000 deposit he put down on the place. He claims that Kardashian was unhappy because the transaction had been "leaked" to the press, which is odd since he showed up with a film crew to capture the purchase of the home on camera.
West's representative told Page Six, "None of those reasons mentioned [for pulling out of the purchase] are true. When Kim and Kanye went to Miami to view the condo together after Christmas, Kim loved it, but felt it was not private enough for them. They are now looking for a vacation home that is more secluded and offers much more privacy for their family." The couple, who has a combined net worth of nearly a billion dollars, can easily afford something more substantial.
Kanye backs out of $14M condo he bought Kim for Christmas https://t.co/RUSosuAmaw pic.twitter.com/KZxUYFWbGr
— Page Six (@PageSix) February 7, 2019
The couple loves Florida and purchased a home there a few years ago. It’s not known whether they are renting the property or have sold it. Their primary residence is a mansion in Hidden Hills, California, which they bought for an estimated $20 million in 2014, though Kris Jenner tweeted in April 2018 that the house is now worth $60 million. They worked with Belgian architect Axel Vervoordt to completely revamp the home and moved in in December 2017.
In November 2017, West and Kardashian sold their previous house in Bel Air for $17.8 million to tech investor Marina Acton. They had paid $11 million for the home in 2013, yet when Acton sold the property a year later, it was at a loss of $14 million.
RELATED: Kim Kardashian's Christmas Gift From Kanye Was Worth A Cool $14 Million
Meanwhile, West won’t attend New York Fashion Week as a designer or a performer. The rapper is reportedly taking a break from his Yeezy line. Though there were rumors that West might play a Philipp Plein show at the Pool restaurant, Kardashian denied them, saying, “He’s not performing at any fashion show this season. Just a rumor.”
