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Krystal Rivani And Robert Rivani Acquire Miami Beach Waterfront Mansion For $23M From Tom Sullivan

Property Image
SOLD
$23,000,000
Dina Goldentayer
Robert Rivani
Luis Bosch

Florida

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Single Family9,200 SF
Sold 11/25/2025
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Property Image
SOLD

Krystal Rivani And Robert Rivani Acquire Miami Beach Waterfront Mansion For $23M From Tom Sullivan

16 Palm Avenue

See Similar Deals
Single Family9,200 SF
Sold 11/25/2025
Dina Goldentayer
Robert Rivani
Luis Bosch
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:Single Family
Price Per Square Foot:$2,500
Total Square Footage:9,200 SF
Transaction Type:Sale

A single-family waterfront mansion located at 16 Palm Avenue in Miami Beach has been sold for $23 million. This property spans 9,200 square feet and sits on 0.8 acres, featuring six bedrooms and 220 feet of water frontage.

Summary of transaction details:

  • Property Type: Single Family
  • Transaction Amount: $23,000,000
  • Square Footage: 9,200
  • Price Per Square Foot: $2,500
  • Buyer: Krystal Rivani; Robert Rivani - Black Lion
  • Seller: Tom Sullivan - Lumber Liquidators
  • Buyer’s Representative: Dina Goldentayer - Douglas Elliman
  • Seller’s Representative: Luis Bosch - Venetian International

Robert Rivani plans to invest millions into renovating the mansion following his purchase. The property transaction involved key figures from prominent companies, with the buyer represented by Dina Goldentayer from Douglas Elliman and the seller represented by Luis Bosch from Venetian International.

Players

Dina Goldentayer
Douglas Elliman
Dina Goldentayer
91 deals$1.6B volume(786) 277-7539
BROKER
Luis Bosch
Luis Bosch
1 deal$23M volume(305) 992-5847
BROKER
Douglas Elliman
Douglas Elliman
BROKERAGE
Robert Rivani
Black Lion
Robert Rivani
51 deals$488.5M volume
BUYER
Black Lion
Black Lion
BUYER

Details

SOLD
IMAGE: Dina Goldentayer, Robert Rivani, Krystal Rivani & Tom Sullivan DATE: 11/25/2025 ADDRESS: 16 Palm Avenue MARKET: Miami Beach ASSET TYPE: Single Family ~ ACRES: 0.8 BUYER: Krystal Rivani; Robert Rivani (@Robert_Rivani) - Black Lion SELLER: Tom Sullivan - Lumber Liquidators BUYER'S REP: Dina Goldentayer (@GoldenDina) - Douglas Elliman (@DouglasElliman) SELLER'S REP: Luis Bosch - Venetian International SALE PRICE: $23,000,000 SF: 9,200 ~ PPSF: $2,500 NOTE: Robert Rivani purchased a 9,200-square-foot, six-bedroom waterfront mansion at 16 Palm Avenue, Miami Beach, for $23M from Lumber Liquidators CEO Tom Sullivan. He plans to invest millions in renovating the property, which sits on 0.8 acres with 220 feet of water frontage.

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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