Waterfront Venetian Islands home listed for $13.5M

Avra Jain is previous owner of the two-story, 5,859 sf home

TRD MIAMI /
Oct.October 08, 2015 03:00 PM

A company tied to a Morgan Stanley financial adviser hit the market for $13.5 million, The Real Deal has learned.

The two-story, 5,859-square-foot Venetian Islands home features more than 60 feet of water frontage, marble and glass flooring, a Swarovski chandelier and rainwater shower, Julian Johnston of Calibre International Realty told TRD.

The 12,250-square-foot property, at 1337 North Venetian Way in Miami Beach, was developed in 2007, according to Miami-Dade property records. It has six bedrooms, seven full bathrooms and one half-bath. The property, on the northern side of San Marco Island, also features a heated pool, electronically controlled blackout curtains and a guest house.

Developer Avra Jain is among the previous owners of the home. Through an LLC, she paid $1.85 million for the home in 2004, and sold it for $4.1 million in 2011 to its current owner, Casa de Justicia LLC. Kevin M. Flaherty, senior vice president and financial adviser at Morgan Stanley Wealth Management, is listed as a manager on the LLC’s corporate records.


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