Miami Developer Avra Jain, Founder Of The Vagabond Group, Sells Venetian Island Home For $7.5 Million

Avra Jain, developer and Founder of The Vagabond Group, has sold her Venetian Island home for $7.5 million to California buyer, Mark Moses, CEO and Founder of CEO Coaching International. The property was completed in March 2019, it was been fully renovated with impeccable designs by Nandez D&D and features state-of-the-art smart home appliances. Located at 608 W Dilido Dr., the home was listed for $8.95 million with Allen Davoudpour of Compass & Filippo Incorvaia with Douglas Elliman. Jain paid $925,000 for the 10,500 SF lot in 2002. She recently renovated the property with Nandez D&D. It features Italian porcelain tile, white oak floors, a chef’s kitchen, wine cellar, and home automation. The property also includes a climate-controlled pool, a patio and private dock.

The impeccably-redesigned 2003-built residence sits beyond a gated entrance, offering the ultimate living comfort. The home is bathed in natural light with abundant floor-to-ceiling windows, the ambience is enriched by the finest upscale finishes including Italian porcelain tile on the main level and American white oak engineered wood flooring upstairs, Italian matte lacquered doors by BERTOLOTTO. The home features 5 bedrooms, 5 full bathrooms and 1 half-bath spread over 5,634 SF. Details include a floor-to-ceiling glass wine cellar, top-of-the-line Italian chef’s kitchen with cabinets by Scavolini and top-grade German appliances by Gaggenau, and an elegant bathrooms with double sinks and showers in the master suite. Outside features a climate-controlled swimming pool, waterside patio and lawn for entertaining, designer landscapes and lighting, plus private dockage for your boat, with direct access to Biscayne Bay.

Photos via Compass Real Estate

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KIPANY Marketing To Relocate To Downtown Fort Lauderdale After 40 Years In NYC

KIPANY Marketing, the firm which handles marketing for The New York Times, Disney, Comcast, Verizon and Sears, is relocating to Fort Lauderdale after 40 years in NY as the exodus of business and wealth from high-tax northern states continues as they gravitate towards Florida’s income tax-free structure. The company purchased 2,143 SF office space on the water in Nu River Landing for $2.15 million, $1,003 SF, at 511 SE 5th Avenue, Fort Lauderdale, marking the highest price sold in the building. Filippo Incorvaia of Douglas Elliman Real Estate represented the buyer, Kip Colligan, Co-Founder & COO of KIPANY, in the real estate purchase. The original listing price was for $3,200,000 offered with pre-approved plans to build a mezzanine level which would have extended the area to 4,923 SF but KIPANY purchased the property without the plans. After a substantial build out, the space will serve as the new executive headquarters for the company who handles direct marketing services.