Miami developer Avra Jain sold her Venetian Islands home to business coach Mark Moses.
Moses, founder and CEO of Coaching International, paid $7.5 million for the five-bedroom, 5,600-square-foot house at 608 West Dilido Drive, according to an Engel & Völkers spokesperson. Jain listed the waterfront home about a year ago for $8.95 million.
Filippo Incorvaia of Douglas Elliman and Allen Davoudpour of Compass represented Jain. Luis Gonell of Engel & Völkers brought the buyer.
Jain paid $925,000 for the 10,500-square-foot lot in 2002 and built the home a year later. 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.
A number of sales have closed on the Venetian Islands in recent years for newly built homes on the water. Jain said last year that she realized she needed to renovate the property before selling it.
Jain, owner of the Vagabond Group, lives in Miami’s Upper East Side neighborhood, near her Vagabond Hotel and other properties she owns.
Moses has authored business coaching books, including “Make Big Happen: How to Live, Work, and Give Big.”