12/17/2012 11:13 am ET Updated Dec 17, 2012

Lil Wayne Pays $7.72 Million In Back Taxes, Releasing Miami Home From IRS Liens (PHOTOS)

Lil Wayne, 30, can actually retire in peace at the young age of 35 after all -- as long as he can keep the taxman off his back.

The Miami rapper behind hits like "Got Money" recently paid an outstanding $7.72 million in back taxes, according to Miami-Dade County records.

In turn, the IRS released three liens they had on Lil Wayne's Miami Beach home on La Gorce Island, a waterfront mansion he bought after leasing it for two years.

He paid $11.6 million for the house, which boasts 15,101 square feet; three floors of glass, steel and marble; and a three-level guesthouse. Lil Wayne's master bedroom can only be accessed by a glass and steel elevator.

County records showed he owed $3,351,077 in taxes for 2008 and $2,258,956 for 2009.

In 2010, he had liens against him for more than $1 million for the tax years 2004, 2005, and 2007.