Updated Mar 25, 2025
Tannaz Fiore And Christopher Fiore Of Maxim Group Acquire Single Family Home In Miami Beach For $19.2M
240 West Rivo Alto Drive
$19,200,000
$3,452/SF
Building Size
5,562 SF
Asset Type
Single Family
Closing
Mar 25, 2025
About this deal
AI
A single-family property located at 240 West Rivo Alto Drive in Miami Beach was sold for $19,200,000.00. The asset comprises 5,562 square feet, representing a significant transaction in the local market.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $19,200,000.00
- Address: 240 West Rivo Alto Drive
- Market: Miami Beach
- Square Footage: 5562.0
- Buyer: Tannaz Fiore; Christopher Fiore - Maxim Group
- Seller: Amit Raizada - Spectrum Business Ventures Inc.
- Brokers: Dina Goldentayer - Douglas Elliman
The transaction involved Tannaz Fiore and Christopher Fiore as the buyers, represented by Maxim Group. The sellers, Amit Raizada, were associated with Spectrum Business Ventures Inc. The deal was facilitated by broker Dina Goldentayer from Douglas Elliman.
On the Map
$19,200,000
$3,452/SF
Single Family
View full map
Players
Miami Beach Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
Loading comparables…
Deal FAQ
Visit Dina Goldentayer to view all their deals.
Browse Miami Beach single family sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93