arts
South Florida’s top deals: Miami Beach sales dominate priciest trades
By Mary Diduch at The Real Deal
· June 15, 2026
· 1 min read
🏆 Residential: The top home sale to hit records in South Florida was in Miami Beach, where a waterfront, 9,200-square-foot mansion at 16 Palm Avenue changed hands for $25 million. The seller was commercial real estate investor Robert Rivani, and the buyer was a company tied to Jose Mas of the billi
Key takeaway Rivani purchased the home in November for $22.
Why this matters in The Miami
The recent sale of a Miami Beach mansion for $25 million is a notable transaction in South Florida's luxury real estate market. This deal, along with other high-end sales in the area, demonstrates the ongoing appeal of Miami Beach as a destination for wealthy buyers. The fact that the seller, Robert Rivani, was able to flip the property for a $2.1 million profit just months after purchasing it suggests that there is still strong demand for high-end properties in the area. The involvement of prominent local figures, such as Jose Mas and Cesar Molina, also highlights the significance of this sale. As Miami Beach continues to evolve and grow, these types of transactions will be worth watching to see how they impact the local market and community. The area's unique blend of luxury amenities and cultural attractions, such as those found in nearby Wynwood and Little Havana, likely contribute to its enduring appeal.
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 15, 2026 ·
Source: The Real Deal ·
Reading time: 1 min
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Frequently asked about this story
What is this story about? 🏆 Residential: The top home sale to hit records in South Florida was in Miami Beach, where a waterfront, 9,200-square-foot mansion at 16 Palm Avenue changed hands for $25 million. The seller was commercial real estate investor Robert Rivani, and the buyer was a company tied to Jose Mas of the billi
When was this published? This article was first published on June 15, 2026 by The Real Deal and curated for The Miami readers.
Who reported this story? This story was reported by Mary Diduch 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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