arts
Rivani sells waterfront Palm Island home to Jose Mas, partners for $25M
By Katherine Kallergis at The Real Deal
· June 12, 2026
· 1 min read
Commercial real estate investor Robert Rivani sold a waterfront Miami Beach mansion for $25 million, just $2 million more than he paid roughly six months ago. The buyer? A company led by Jose Mas of the billionaire Mas family and architect Cesar Molina, who have been working together to acquire and
Key takeaway Property records show Rivani’s RJR LV LLC sold the 9,200-square-foot mansion at 16 Palm Avenue to CMA Homes 16 Palm Ave LLC.
Why this matters in The Miami
The sale of Robert Rivani's waterfront Palm Island home to Jose Mas and partners for $25 million reflects the ongoing demand for luxury properties in Miami Beach. This transaction, which took place just six months after Rivani's purchase, suggests that high-end buyers are still willing to invest in the area despite concerns about sea-level rise and flooding risks. The involvement of the Mas family, known for their commercial real estate investments, may indicate a strategy to redevelop or renovate the property to capitalize on its prime location. As a major hub for Latin American and Caribbean communities, Miami's luxury real estate market is likely to remain attractive to international buyers and investors. The fact that the buyer financed the deal with a significant mortgage from City National Bank of Florida also points to the continued availability of financing options for high-end properties in the area.
About this story
Original reporting by The Real Deal . The Miami surfaces reporting from trusted publishers and adds local editorial context so readers can quickly understand what a story means for their community. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
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Category: arts ·
Published: June 12, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? Commercial real estate investor Robert Rivani sold a waterfront Miami Beach mansion for $25 million, just $2 million more than he paid roughly six months ago. The buyer? A company led by Jose Mas of the billionaire Mas family and architect Cesar Molina, who have been working together to acquire and
When was this published? This article was first published on June 12, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Katherine Kallergis at The Real Deal. To learn more about how The Miami selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more arts coverage from The Miami, or browse our daily briefing and topic hubs .
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