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

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.