Fitness mogul buys Venetian Islands house

A Boston and Miami-based fitness mogul paid $5.5 million for a waterfront home on the Venetian Islands.

Property records show Alissa Pool, an owner of Btone Fitness in the Boston area and partner of Aurum Activewear, closed on the four-bedroom, 3,788-square-foot house at 320 West Rivo Alto Drive in Miami Beach. The seller is Saumur LLC, led by Robert D. Balick. Pool financed the deal with a $3 million mortgage from First Republic Bank.

The two-story house, on Rivo Alto island, was built in 1949 and just sold for $1,452 per square foot. It includes a pool and dock.

Dora Puig of Luxe Living Realty represented the seller, while Karen Reiter of One Sotheby’s International Realty brought the buyer. The home hit the market in October for $5.95 million.

Reiter said Pool and her husband plan to renovate the house and live in it. Pool is also an instructor at JetSet Miami, a Pilates studio in Miami Beach. The couple also have a home in Massachusetts, records show.

Puig said the deal marks the return of the “beach house villa.”

“Traditionally I think a lot of people look at these properties as teardowns, but for them it will be for their waterfront haven,” Puig said.

The Rivo Alto house last sold in 2016 for $4.25 million.

A number of waterfront homes have sold for record prices on the Venetian Islands in recent years. In December, the founders of the skin care and cosmetics company M. Asam paid $11.55 million for a spec home 120 West Rivo Alto Drive.

A month earlier, in November, developer Emmanuel Sebag sold the spec home at 802 West Dilido Drive in Miami Beach for $15.55 million.