305-609-4190
1202 NE 93rd St, Miami Shores FL 33138
Active Single Family Residence

1202 NE 93rd St, Miami Shores FL 33138

Miami Shores, FL, 33138

$5,799,000

Est. $29,323/mo (20% down)

6
Beds
5.5
Baths
4,727
Sq Ft
2024
Year Built
—
Lot Sq Ft
2
Garage

Photo Gallery (92 photos)

About This Property

Casa Elara | A Grand Modern Estate in Miami Shores. Experience Miami luxury living in this stunning 6 bed, 5.5 bath contemporary estate, built in 2023, surrounded by lush tropical landscaping. From its striking architectural lines and beautiful curb appeal to its soaring 11-foot ceilings and expansive walls of glass, Casa Elara makes a statement from the moment you arrive. Designed for effortless living and entertaining, the residence features generous open-concept interiors, refined custom millwork and seamless indoor-outdoor flow through panoramic glass doors. At the heart of the home, a sophisticated Mia Cucina kitchen showcases custom cabinetry, an oversized island and premium Wolf and Sub-Zero appliances. 2 bedrooms on main level, a dedicated office and multiple living areas offer exceptional flexibility for family & guests. Upstairs, 4 additional bedroom suites are complemented by a spacious third living/media area. The primary suite is a private retreat, complete with its own terrace, an oversized walk-in closet and a spa-inspired bath. Outside, the home's contemporary architecture opens to a private tropical oasis featuring a sparkling pool, expansive entertaining deck and summer kitchen, all framed by lush landscaping. The result is a beautiful balance of modern design, privacy and relaxed South Florida living. Ideally located in coveted Miami Shores, Casa Elara offers a rare opportunity for ideal Miami living.

Property Details

MLS #

A12105948

Status

Active

Property Type

Residential

Sub Type

Single Family Residence

Year Built

2024

Pool

No

Waterfront

No

Price / Sq Ft

$1,227

HOA Fee

None

Est. Insurance

$1,933/mo

Tax Year

2025

Tax Amount

$80,000

Garage

2 Car

Lot Size

—

MLS Area

Bay Lure

Subdivision

BAY LURE

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Flood Zone & Insurance

Flood zone data not available for this listing. Check FEMA directly

Investment Analysis

$40,593
Est. Monthly Rent
-0.8%
Cap Rate
-4.1%
Cash-on-Cash
$-47,955
Net Operating Income

ROI Projections (4% Annual Appreciation)

88%
5-Year ROI
Value: $7,055,370
199%
10-Year ROI
Value: $8,583,937
338%
15-Year ROI
Value: $10,443,671

Estimates based on area averages. Actual returns may vary. Consult a financial advisor.

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