In the painting, Prince has his eyes closed, and drops of rain fall across the foreground of the work.
"I've been a Prince fan since I was a kid. My brother had all his albums on vinyl, I remember the art."
The full-time Sydney-based artist said when he heard of Prince's death, he wanted to use his own skills to pay tribute.
"I put a call out on social media asking for a large blank wall and four people came back to me."
He chose the wall at 1 Speed St, in Sydney's Liverpool area, which was donated by The Street University - an organisation that works with youths - and spray painted the mural in about six hours.
Overnight, Prince fans visited the mural and left flowers, and while Hoete was painting, he had visits from fans, showing support and encouragement.
Hoete recently painted a portrait of All Black Liam Messam.
And in 2012, he and his wife travelled to New York to present rapper Ice T and his wife, Coco, with a portrait of their dog.
He has also given a dog portrait to dog whisperer Cesar Millan.
