Fabolous — Digs in a Pineapple Under the Sea … For $4k a Night (PHOTO GALLERY + VIDEO)

Fabolous is living in SpongeBob SquarePants’ real-life crib … except the pineapple’s worth a helluva lot more above water.  The New York rapper is on vacation with his fam in the Dominican Republic, where they’re staying at Nickelodeon Hotels and…

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