Fiorentino Family Office Acquires 1.8 Acre Miami River Development Site For $15,600

The transaction involves the sale of a 1.8-acre development site located at 1515, 1529, and 1543 Northwest South River Drive in Miami. The buyer is the Fiorentino Family Office, which acquired the property through a $15,600 bid at a courthouse auction. This site was previously marketed for up to $25 million and is entitled for a 40-unit townhome development.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $15,600
• Buyer: Fiorentino Family Office
• Seller: Marlon Gomez, Fausto Callava, Antonio Pardo
• Market: Miami
• Foreclosure Judgment Amount: $12.8 million
• Previous Loan Amount: $10 million
• Auction Date: 03/10/2026
• Property Size: 1.8 acres

This transaction reflects the outcome of a foreclosure proceeding against Marlon Gomez and his partners, Fausto Callava and Antonio Pardo, indicating financial distress related to a defaulted construction loan. It marks the second property that Gomez has lost in a six-month period, following a separate foreclosure tied to a $15 million loan for a medical office project in Aventura.