Alexander brothers sell waterfront Miami Beach mansion for $27.5M 

Top Miami Beach broker Oren Alexander and his brothers sold their waterfront Miami Beach home for $27.5 million. 

Oren, Tal and Alon Alexander sold the 11,500-square-foot, nine-bedroom mansion at 3541 Flamingo Drive to an undisclosed buyer. Their father, developer Shlomy Alexander, completed the home in 2017.

Oren Alexander and his brother Tal launched Official last year, and represented themselves in the deal. Nancy Batchelor and Michelle Shurtleff of Compass represented the buyer. 

Oren Alexander and Batchelor declined to name the buyer. The sale has not yet hit records.

The property includes a main house, staff quarters, gazebo, gym, pool and outdoor kitchen. It hit the market in December for $31.5 million, and Alexander reduced the price to $29.5 million in April. 

“We had it under contract before as well, and it speaks to the market today that there are still buyers buying good design, great-build properties,” he said, adding that he lowered the price to adjust to bids he was receiving. 

Alexander, who recently married model Kamila Hansen, is building a lakefront home on Sunset Island IV that he expects will be completed in the fall. His twin brother Alon is president of Kent Security and Kent Services. Tal is based in New York and a co-founder of Official. Oren and Tal left Douglas Elliman last year after a decade to start their Side-backed brokerage. 

The Alexanders’ sale of their Miami Beach home appears to be the most expensive on Flamingo Drive. 

In April, Related Group executive Steve Patterson sold his waterfront house at 2901 Flamingo Drive for $14.8 million. At the beginning of the year, spec developer Todd Glaser sold his longtime home at 3681 Flamingo Drive for $11.8 million, after he and his family moved to Palm Beach. 

Read more

South Florida

Shvo taps Official to lead sales of Rosewood-branded Raleigh condos

National

Side dismisses 12 staffers