By Katherine Clarke and Emily Glazer

Oren Alexander, the onetime star real-estate agent who is facing federal sex-trafficking charges with two of his brothers, is exploring the sale of his waterfront trophy estate in Miami Beach, Fla., as he awaits trial.

The Alexander family has quietly shown the property off-market to prospective buyers in recent weeks, according to Miami agents. The family is asking as much as $50 million for the house on the Sunset Islands, a series of man-made islands known for their high-end mansions. A limited liability company tied to Oren purchased the half-acre property for $10 million in January 2021, property records show.

In December Oren was arrested at the house, where he lived with his wife, model Kamila Hansen Alexander. He and his brothers Tal and Alon Alexander were indicted in December on charges that they ran a sex-trafficking scheme to drug, violently assault and rape dozens of women. They remain in federal custody pending trial in January 2026. All three have pleaded not guilty. Earlier this week, 11 more lawsuits were filed against one or more of the brothers, for nearly 20 total cases, according to court records.

After buying the land, Oren tore down a house on the site and built a new house, which was constructed by his father, prominent South Florida developer Shlomy Alexander. Renderings of the estate by architect Cesar Molina reviewed by The Wall Street Journal show a gym, a screening room, and a waterfront deck area with a pool. A dramatic entrance has a reflecting pool and skylight, and there is an open-plan living area with a bar. It isn't clear if Oren later made changes to the design, however.

Leah Barney, a real-estate agent at Douglas Elliman, said she recently showed the home to a client who lives in the area, though her client didn't make an offer. Barney previously worked for Official, the real-estate company founded by Oren Alexander and his brother Tal. She isn't the listing agent for the house; rather, local agents say showings have been facilitated by the brothers' father. Shlomy couldn't be reached for comment and Orly declined to comment. Jenny Wilson and Richard Klugh, Oren's lawyers, didn't immediately respond to a request for comment.

Property records show that several claims have been made against Oren's house, including one from Side, the company that provided brokerage services for Official. Side sued Official in October, alleging that the company had breached the terms of a loan.

The home is one of many properties owned by the Alexander family in the Miami area. Alon and his wife, Shani Alexander, paid $2.9 million for a property in Miami Beach in 2020, records show. Tal paid $3.1 million for a waterfront home in the area that same year. It isn't clear if the family is also exploring a sale of properties owned by Alon and Tal. The brothers' parents also own a significant waterfront estate in Bal Harbour; its value is estimated by Zillow at around $18 million.

Shlomy and Orly have pledged all their assets in thus-far unsuccessful efforts to secure their sons' pretrial release.

Tal and Oren were once the toast of the luxury real-estate world, selling uber-expensive homes in New York, Miami and Aspen, Colo., and representing some of the biggest names in finance and entertainment. They launched Official in 2022; the company has ground to a halt in the wake of the sex-trafficking allegations, with the departures of the brothers' partners and top agents.

While a $50 million ask would be ambitious for the Sunset Islands, local agents said, it isn't completely unwarranted. The Sunset Islands, with guard-gated communities and panoramic waterfront views, are among the most coveted neighborhoods in Miami Beach, and a new-construction home there would normally command top dollar. Soccer star David Beckham and his wife, fashion designer Victoria Beckham, recently spent $72.25 million for a newly built mansion on nearby North Bay Road.

Still, few homes in the Miami area have sold in the $50 million range, and recent Sunset Islands sales have topped out around $36 million.

It is unclear whether the home's association with the Alexanders will impact its value. Recently, some homes linked to controversial figures have sold for high prices, said New York real-estate agent Jason Haber of Compass, citing the recent sale of a Manhattan townhouse long owned by the late convicted sex offender Jeffrey Epstein for about $50 million.

"It was notorious not just for the provenance, but also because of the alleged crimes that occurred within the house," Haber said. "It still sold. Ultimately, the crime is with the person, not the asset."

Write to Katherine Clarke at Katherine.Clarke@wsj.com

(END) Dow Jones Newswires

February 19, 2025 11:40 ET (16:40 GMT)

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