Elie Yaffa Purchases Single Family Home At 1785 Cleveland Road Miami Beach For $14.2M
1785 Cleveland Road
$14,200,000
$2,117/SF
Building Size
6,706 SF
Asset Type
Single Family
Closing
Feb 17, 2026
AI
A newly built single-family home located at 1785 Cleveland Road in Miami Beach has sold for $14.2 million. The property spans 6,706 square feet and is positioned within a high-value market. The price per square foot for the sale was recorded at $2,118.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $14,200,000
- Address: 1785 Cleveland Road
- Market: Miami Beach
- Square Footage: 6,706
- Price Per Square Foot: $2,118
- Buyer: Elie Yaffa
- Seller: Slobodan Zivojinovic
- Buyer's Representative: Mathieu Rochette - Compass
- Seller's Representative: Mirce Curkoski - One Sotheby's International Realty
The seller, Slobodan Živojinović, is a former professional tennis player, while the buyer, Elie Yaffa, is known as the French rapper Booba. The transaction was notably significant as it marks the highest residential sale recorded in South Florida.
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Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.12%
Cash-on-Cash
-0.32%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93