Alexander brothers buy waterfront Sunset Islands teardown to build new mansion

Cesar Molina is designing the new house

Miami /
Jan.January 06, 2021 12:30 PM
Tal and Oren Alexander with 2135 Lake Avenue (Getty)

Tal and Oren Alexander with 2135 Lake Avenue (Getty)

Top Douglas Elliman brokers Oren and Tal Alexander paid $10 million for a waterfront teardown in Miami Beach where they plan to build a new home.

The Alexander brothers closed on 2135 Lake Avenue last week in an all cash deal, Oren Alexander said. Property records show Alan P. Rosefielde sold the five-bedroom, four-bathroom house on Sunset Island IV. Oren Alexander represented the seller and himself, according to Realtor.com.

The more than half-acre Sunset Islands property features nearly 150 feet of water frontage. A mansion of up to 11,500 square feet can be built on the lot.

The brothers hired Cesar Molina to design the new home. Their father, Shlomy Alexander, will build it. Oren Alexander said he and his brothers will sell their mansion at 3541 Flamingo Drive when the new house is nearly completed.

Nearby, hospitality mogul David Grutman recently sold his waterfront Sunset Island IV home for $8.3 million, and the new owner relisted it for $10.2 million. Grutman won approval on Tuesday to build a new mansion on Alejandro Sanz’s former property on North Bay Road that he bought in November.

The waterfront single-family home market in Miami Beach has been on fire during the pandemic, with buyers and renters fleeing high-tax states in favor of South Florida. There has also been a wave of celebrity buyers, including Cindy Crawford and Rande Gerber, Karlie Kloss and Joshua Kushner, and Tom Brady and Gisele Bündchen picking up properties in Miami Beach and nearby Indian Creek Village.

Last month, developer Zachary Vella paid $15.2 million for two adjacent waterfront Venetian Islands lots where he plans to build a home for his family.






    Related Articles

    arrow_forward_ios
    The Faena House at 3315 Collins Ave, Miami Beach (Foster + Partners)
    Miami-Dade condo sales dollar volume rises in mid-June
    Miami-Dade condo sales dollar volume rises in mid-June
    Lucille R. Zanghi and the Palazzo Della Luna (Facebook, Palazzo Della Luna)
    Cashing in shares? Retired stockbroker spends $11M on a Fisher Island condo
    Cashing in shares? Retired stockbroker spends $11M on a Fisher Island condo
    Karen H. Bechtel and Continuum South Beach (100 South Pointe Drive, Miami Beach) (Bechtel via Carlyle)
    Private equity power couple sell 36th floor condo for $30M
    Private equity power couple sell 36th floor condo for $30M
    Faena House and a photo illustration of Ken Griffin (Foster + Partners, Getty, iStock)
    Ken Griffin sells remaining Faena House condo for $11.2M
    Ken Griffin sells remaining Faena House condo for $11.2M
    Novak Djokovic with the unit (Eighty Seven Park unit photo via Lenny Kagan, Djokovic via Getty)
    Novak Djokovic sells Miami Beach condo for modest profit
    Novak Djokovic sells Miami Beach condo for modest profit
    Clockwise from lower left: John Cooper and Allen Morris from The Allen Morris Company and Stormont Hospitality and Camilo Lopez and Jorge Escobar from Black Salmon (Ander & Co)
    AMS Hospitality, Black Salmon buy Circa 39 hotel in Miami Beach
    AMS Hospitality, Black Salmon buy Circa 39 hotel in Miami Beach
    4412 North Bay Road
    North Bay Road mansion sells for $25M, nearly double its purchase price two years ago
    North Bay Road mansion sells for $25M, nearly double its purchase price two years ago
    Oceana Key Biscayne at 360 Ocean Drive, Key Biscayne
    Miami-Dade condo sales and volume dip in second week of June
    Miami-Dade condo sales and volume dip in second week of June
    arrow_forward_ios

    The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

    Loading...