Miami is one of the most desired places to move to in the world. Many people are relocating to Miami, including young professionals, expats, and people from around the world. A recent Remitly study found that Miami was the third top alternative relocation destination, beating out Dubai. Miami’s warm weather, vibrant lifestyle, favorable tax laws, and job opportunities attract both young professionals and established executives, including many within the growing tech industry.
Amit Raizada and his associates at Spectrum Business Ventures, Inc. are developing luxurious, tech-savvy homes designed and built to satisfy any discerning Miami homebuyer—whether a long-standing Floridian or an incoming transplant seeking the lifestyle and opportunities that Miami has to offer. Raizada’s latest offering is a spectacular waterfront estate on Miami’s iconic Venetian Islands. Rivo Alto Island is the only Venetian Island with sidewalks on its perimeter, the absence of visible power lines, and its close proximity to the Sunset Harbour dining and shopping hub.
Showcasing sophisticated contemporary design and coveted western sunset views, 240 W Rivo Alto Drive is an architectural triumph and any homeowner’s dream. This brand-new home, which was designed by Borges Architects and built by CDC Contractors, redefines luxury living in Miami Beach. Raizada is a visionary and a perfectionist, traits that are revealed in every detail of the home. With no expense spared, Raizada curated the perfect combination for a Venetian Islands mansion—effortless luxury meets timeless and practical design. This waterfront residence represents a rare opportunity for those seeking both style and substance.
The design ethos emphasizes natural light, refinement, and functionality, from the moment you enter the home until you bask in the breathtaking sunsets from the outdoor living areas. The gated entryway opens to reveal a subtle but glorious travertine cascading water feature. Through the front door is a 22-foot tall entry gallery with a floating glass staircase that is sure to make a statement. Floor-to-ceiling windows and 10-foot ceilings flood the interior with abundance of natural light, while multiple waterfront lounges are seamlessly integrated with a 10-person dining setting for ultimate entertaining. The state-of the art kitchen is sure to please any foody, replete with Wolf and Sub-Zero appliances, a sleek integrated cooktop, travertine countertops and white oak finishes, all of which are eclipsed by the waterfront views from every window.
Spanning 7,129 gross-square feet, the home features five spacious bedrooms, five and a half bathrooms, plus a versatile upstairs media den that can also serve as an office. The primary bedroom suite is expansive, with seating areas, dual custom walk-in closets, a spa-inspired bath with a soaking tub, and a private terrace overlooking the downtown Miami skyline. The main level of the home also offers an entertainment niche, as well as multiple seating and conversation areas.
The back of the home opens to an openair oasis complete with an infinity-edge pool and spa, an outdoor kitchen with covered dining, sumptuous landscaping providing both beauty and privacy and 60 feet waterfront. A waterfront rooftop retreat offers the ultimate sunset experiences.
“This property checks all of the boxes that today’s luxury buyers are looking for,” said listing agent Dina Goldentayer who has sold 67 homes on the highly sought-after Venetian Islands. “Brand new construction with western exposure, stylized finishes, and an ideal location next to Sunset Harbour.”
240 W Rivo Alto Drive is listed at $20,950,000 by Dina Goldentayer, the number one agent nationally for Douglas Elliman.
