Four-time Grammy Award winning producer Timbaland paid $7.95 million for a recently-completed mansion in Coral Gables.

The 8,600-square-foot home was sold by 5400 Hammock Lake Dr LLC, managed by homebuilders Giorgio L. Balli and Albert D. Fernandez, to Timothy Z. Mosley, also known as Timaland. The price equated to $924 per square foot.

The seller was represented by Audrey Ross of Compass Florida and Stefano BalliToni Schrager of Brown Harris Stevens represented the buyer.

“The home was designed and developed by Giorgio Balli and son, Stefano Balli, of Balli Group,” Ross said. “The firm is a vertically integrated development firm specializing in custom luxury homes throughout South Florida.”

Located on a 40,972-square-foot site near Matheson Hammock Park, the home has seven bedrooms, 8.5 bathrooms, floor-to-ceiling windows, and a pool.

Timbaland has worked as a songwriter and producer for Beyonce, Jay-Z, Justin Timberlake, Nelly Furtado and Missy Elliott. He won Grammy Awards for SexyBack with Timberlake and Drunk In Love with Beyonce and Jay-Z.