All listings
Active
Active1 / 40
Photo 1 of 40
Single Family Residence
$5,799,000$1,227 / sqft
1202 NE 93rd St, Miami Shores FL 33138
Listed
6
Bedrooms
6
Bathrooms
4,727 sqft
Interior
2024
Year built
None
HOA
Single Family Residence
Type
About this home
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.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Entrance Foyer
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 6-bed rentals across Miami-Dade, from 55 active listings; the middle half ask $16,000–$49,900.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.