fonsiLuis Fonsi has got himself a new home.

According to reports, he has plunked down 5 million dollars on a Miami mansion located in the exclusive Cocoplum neighborhood.

The palatial house has 7 bedrooms, 6 bathrooms, cathedral ceilings, marble floors, a dock large enough for a yacht, garden fountains, and a resort-style pool.

Did we mention the mansion has expansive views of downtown Miami?

Despite all of this lux, Fonsi is said to be making extensive changes to the home and will probably not move in for another year.

Mo’ money…bigger house!

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