facebook
Traded Co logo
Submit
Daily limit: 0/10

Tannaz Fiore And Christopher Fiore Of Maxim Group Acquire Single Family Home In Miami Beach For $19.2M

Property Image
SOLD
$19,200,000
Dina Goldentayer
AR

Florida

See Similar Deals
Single Family5,562 SF
Sold 03/25/2025
the dealplayerscompscontact
Property Image
SOLD

Tannaz Fiore And Christopher Fiore Of Maxim Group Acquire Single Family Home In Miami Beach For $19.2M

240 West Rivo Alto Drive

See Similar Deals
Single Family5,562 SF
Sold 03/25/2025
Dina Goldentayer
AR
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$3,452
Total Square Footage:5,562 SF
Transaction Type:Sale

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.

Players

Dina Goldentayer
Douglas Elliman
Dina Goldentayer
91 deals$1.6B volume(786) 277-7539
BROKER
AR
Amit Raizada
3 deals$42.4M volume
SELLER

Details

SOLD
IMAGE: Christopher Fiore, Dina Goldentayer & Amit Raizada DATE: 03/25/2025 ADDRESS: 240 West Rivo Alto Drive MARKET: Miami Beach ASSET TYPE: Single Family BUYER: Tannaz Fiore; Christopher Fiore - Maxim Group SELLER: Amit Raizada - Spectrum Business Ventures Inc. BROKER: Dina Goldentayer (@GoldenDina) - Douglas Elliman (@DouglasElliman) SALE PRICE: $19,200,000 SF: 5,562 ~ PPSF: $3,452 NOTE: Venture capitalist Amit Raizada sold a newly built 5,600-square-foot waterfront spec home at 240 W. Rivo Alto Dr. on Miami Beach’s Venetian Islands for $19.2M to Christopher and Tannaz Fiore. Dina Goldentayer of Douglas Elliman brokered the deal, marking another high-end sale in the area amid continued luxury residential real estate activity.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,024,000.01

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$68,213.54
Cash-on-Cash Return-1.27%
Monthly Debt Service$91,017.80
Annual Debt Service$1,092,213.54