A Miami Beach doctor just sold his waterfront home on North Bay Road for $14 million, nearly 2.5 times what he paid 12 years ago.
Property records show Dr. Ameet Vohra and his wife Denise sold the 4,548-square-foot home at 2108 North Bay Road in an off-market deal to 2108 North Bay LLC, a Delaware company with a Boston address. No financing was recorded.
A similar entity with a matching address owns the contemporary mansion next door at 2068 North Bay Road, which Sergio Rok sold in 2014 for $20.5 million.
Ameet Vohra is the founder and CEO of Miramar-based Vohra Wound Physicians Management, one of the country’s largest physicians group focused on wound care, according to a press release.
The Vohras paid $5.7 million for the two-story, six-bedroom home in 2005. It was built in 1990 and sits on a 20,000-square-foot lot.
It just sold for $700 per square foot for the land.
It’s not uncommon for owners of luxury real estate to purchase neighboring properties. Earlier this month, a wealthy Miami Beach couple paid $11.3 million for the property next door to theirs at 4350 North Bay Road.