Robert Elias Purchases Single Family Home From Shamsu Lalani For $10.5 Million In Miami Beach
2133 Meridian Avenue
$10,500,000
$2,020/SF
Building Size
5,197 SF
Asset Type
Single Family Residence
Closing
Jun 21, 2026
AI
The asset involved in this transaction is a single-family home located at 2133 Meridian Avenue in the Miami Beach market. The sale price for the property is $10,500,000, and it encompasses a total square footage of 5,197, resulting in a price per square foot of $2,020.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $10,500,000
- Address: 2133 Meridian Avenue
- Market: Miami Beach
- Square Footage: 5,197
- Price per Square Foot: $2,020
- Buyer: Robert Elias
- Seller: Shamsu Lalani
- Buyer’s Representative: Dora Puig - Luxe Living Realty
- Seller’s Representative: Jason Zarco - Berkshire Hathaway HomeServices
- Developers: Lalani Developers
- Architects: Yodezeen & Litman architecture
- Interior Design: Aleksandra Lalani
- General Contractor: Admer construction
- Photo/Video: 380Production
This transaction involved key representatives, with Dora Puig from Luxe Living Realty representing the buyer, Robert Elias, and Jason Zarco from Berkshire Hathaway HomeServices representing the seller, Shamsu Lalani. The deal was marked by contributions from various professionals including developers, architects, and interior designers, indicating a collaborative effort in the property's presentation and marketability.
Players
Market Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
Loading comparables…
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.51%
Cash-on-Cash
-0.43%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93