Robert Elias Purchases Double Lot In Miami Beach From Mark Balzli For $6.5M

The property asset involved in this transaction is located at 1505 & 1511 Northeast 13th Place, Miami Beach. This single-family asset is situated on an oversized double lot measuring 15,000 square feet. The sale price for this property was $6,500,000, which translates to a price per square foot of $433.33. The land was sold purely for its land value, and it features two teardown homes as well as a pool.

Summary of transation details:

• Property Type: Single Family
• Transaction Amount: $6,500,000
• Lot Size: 15,000 SF
• Price Per Square Foot: $433.33
• Buyer: Robert Elias
• Seller: Mark Balzli
• Broker: Dora Puig - Luxe Living Realty

This transaction highlights the involvement of Robert Elias as the buyer and Mark Balzli as the seller. The broker representing the seller in this deal is Dora Puig from Luxe Living Realty, facilitating the transaction on behalf of Mark Balzli.