Americor CEO Banir Ganatra buys Miami Beach house
Vitamin mogul Andrew Lessman has sold his waterfront Venetian Islands mansion to CEO of Americor, a debt settlement company, learned The Real Deal.
Lessman’s AML Investment IX LLC sold the seven-bedroom, 8,048-square-foot home at 825 East Dilido Drive, according to property records and Realtor.com. Banir Ganatra paid nearly $ 17 million for the property, said Julian Johnston of the Corcoran Group. Johnston represented the buyer, who is relocating from Newport Beach, California.
Dora Puig of Luxe Living Realty was the listing agent. She declined to comment on the deal.
Choeff Levy Fischman designed the modern tropical mansion, which hit the market in 2018 for almost $ 20 million. It has a double-sided infinity pool with a spa, a summer kitchen and a dock. The Miami Beach The house sits on 14,244 square feet of land with over 100 feet of water frontage. It has seven bedrooms and seven and a half bathrooms.
Records show that the seller, AML Investment IX LLC, also owns a similar property next door. Using the same LLC, Lessman sold a unit to the Surf Club’s Four Seasons Residences in January for $ 6.2 million.
Lessman in 1979 founded the Henderson, Nevada-based vitamin company, which became ProCaps Laboratories.
Miami Beach waterfront homes are selling like hot cakes, especially to out-of-state buyers.
Tech investor Keith Rabois recently paid a record $ 28.9 million for a waterfront mansion on the Venetian Islands.
Former Formula 1 racing driver and spec developer Eddie Irvine paid $ 7.6 million for a waterfront property also on the Venetian Islands. Johnston represented both the buyer and the seller in this transaction.