RIVANI Closes Landmark $19.8 Million Sale of Waterfront Amara at Paraiso Restaurant Space in Edgewater
Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.
Robert Rivani, commercial real estate and hospitality visionary and Founder of RIVANI, has that the company has sold the waterfront restaurant space currently leased to acclaimed restaurant Amara at Paraiso by Michael Schwartz for $19.8 million.
“As one of my first hospitality acquisitions in South Florida, this property set the tone for what was possible,” said Rivani. “The space is one of Miami’s most beautiful waterfront assets and will always hold deep meaning for me. With this milestone, my focus is on creating the next generation of lifestyle experiences that will continue to elevate the city’s hospitality and office landscape.”
Completed in 2018, the two-story 12,316-square-foot space sits at 3101 N.E. 7th Avenue in Miami’s vibrant Edgewater district and is home to Amara at Paraiso, the celebrated Latin American restaurant from The Genuine Hospitality Group led by James Beard Award-winning chef and restaurateur Michael Schwartz. Rivani purchased the property in 2021 for $12.1 million. The indoor-outdoor waterfront venue features a main dining room and bar with seating for 150, floor-to-ceiling windows with sweeping Biscayne Bay views, and deck seating for 70 guests directly on the water. The property’s central location offers excellent connectivity to all major submarkets in eastern Miami via Biscayne Boulevard, Interstate-195, the MacArthur Causeway, Interstate-95, Interstate-295 and the Dolphin Expressway.
JLL Capital Markets Senior Managing Director Alex Sharrin, Director Jeffrey Cicurel and Analyst Noel O’Donnell represented RIVANI in the transaction.
RIVANI has amassed more than $250 million in prime South Florida assets in recent years, with a portfolio that includes acclaimed destinations including the upcoming GAIA, the fully leased Wynwood Jungle, and RIVANI, a transformative ‘Class X’ office building undergoing a $100 million redevelopment. In 2025 alone, RIVANI has made headlines with a series of record-breaking deals, including securing Playboy’s global headquarters, acquiring the historic Lincoln Theatre for $37 million, selling Catch Miami Beach for $28.2 million, and completing a $38.25 million all-cash sale of two premier restaurant spaces within SLS Lux Brickell and Dua Miami Hotel — one of the year’s most significant hospitality-driven transactions.
Images via Cristianna Duvall & Daniese Betito
'Best Restaurant in Uruguay' Parador La Huella Announces Weekend Takeover at Amara at Paraiso
Miami's culinary scene is set for an extraordinary experience as Parador La Huella, acclaimed as the ‘Best Restaurant in Uruguay’ by Latin America’s 50 Best Restaurants and lauded as the ‘Best Beachside Restaurant on the Planet’ by Bon Appetit magazine, takes over Amara at Paraiso for one weekend only.
Miami's culinary scene is set for an extraordinary experience as Parador La Huella, acclaimed as the ‘Best Restaurant in Uruguay’ by Latin America’s 50 Best Restaurants and lauded as the ‘Best Beachside Restaurant on the Planet’ by Bon Appetit magazine, takes over Amara at Paraiso for one weekend only. From June 21st to June 23rd, this exclusive pop-up event will offer Miami residents and visitors a rare opportunity to indulge in the celebrated flavors of La Huella right at their doorstep.
Located in the picturesque beachside town of Jose Ignacio, Uruguay, La Huella has been an institution since its founding in 2001 by friends Martín Pittaluga, Gustavo Barbero, and Guzmán Artagaveytia. Known for its stellar seafood, breathtaking coastal views, and an atmosphere where the Atlantic waves feel within reach, La Huella has attracted guests from local families to notable celebrities worldwide. The Miami stop is part of La Huella’s summer Itinerante tour, with other stops in Rio and Cannes.
As part of the takeover La Huella will transform the second floor of Amara at Paraiso, a waterfront property helmed by James Beard Award-Winning Chef Michael Schwartz. Chef Vanessa González, leading the culinary team at La Huella, will showcase their signature seaside specialties and grilled meats, complemented by live entertainment and La Huella’s rhythmic sounds. Schwartz, who cooked at La Huella last year, expressed his excitement, stating, “I’m honored to welcome La Huella’s esteemed team to Amara where we’ll blend Miami’s vibrancy with Uruguay's rich culinary traditions. Together we will celebrate diverse flavors and cultures transcending borders to craft an unforgettable experience.”
The menu promises to delight with dishes such as Crudo de Mar tartare, Black River Caviar Tostada, Lobster al Ajillo, Squid Ink Paella, Braised Lamb Shoulder, and signature desserts like Lemon Crostata and Dulce de Leche Volcano. The brunch highlights include chilled Gazpacho, La Huella Ceviche, Pumpkin and Queso Blanco Empanadas, Seafood Barley Stew, and desserts like Passion Fruit Pie and the Uruguayan delicacy Chaja.
The special edition dinners will be held on Friday, June 21st, and Saturday, June 22nd, at 7:30 PM, with brunch on Sunday, June 23rd, at 1 PM. The cost is $250 per person for dinner and $150 per person for brunch, with seating limited for these exclusive dining experiences. Reservations can be made via Open Table. Amara at Paraiso is located at 3101 NE 7th Ave, Miami, FL 33137.
PROFILE Exclusive Podcast Season 1 Episode 5 Featuring Robert Rivani of Black Lion Investment Group
Season 1 Episode 5 of the PROFILE Exclusive Podcast by PROFILEmiami features Robert Rivani, Founder and President of Black Lion Investment Group. Based in Los Angeles, CA, Black Lion Investment Group is a real estate investment firm focused on retail, hospitality, office, and mixed-use assets
Season 1 Episode 5 of the PROFILE Exclusive Podcast by PROFILEmiami features Robert Rivani, Founder and President of Black Lion Investment Group. Based in Los Angeles, CA, Black Lion Investment Group is a real estate investment firm focused on development and redevelopment of retail, hospitality, office, and mixed-use assets in several high-growth markets such as Arizona and South Florida. Black Lion recently acquired several high-profile properties in Miami, spending over $38 million in just 60 days while acquiring Wynwood Arcade, Amara at Paraiso and the former Katsuya space in SLS Lux Brickell Hotel & Residences. As President of Black Lion Investment Group, Robert is responsible for acquisitions, strategic direction, sourcing investment opportunities, capital markets and operations for the firm. Black Lion plans to deploy $50-100 million in additional capital in South Florida in the coming months.
The PROFILE Exclusive Podcast by PROFILEmiami, the leader in South Florida residential and commercial real estate news and content, profiles and gets intimate with the movers and shakers in the South Florida real estate industry. Throughout the series we will interview and get inside the minds of South Florida's top developers, investors, brokers, architects, designers, etc. The PROFILE Exclusive Podcast is hosted by Demetri Demascus Co-Founder of PROFILEmiami and Director of Business Development at private equity group Galium Capital as well as Katya Demina, Co-Founder of PROFILEmiami and Development Associate at development firm Royal Palm Companies.
This Podcast is Presented By:
Black Lion Investment Group Acquires Bayfront Amara at Paraiso Property For $12.1 Million From Related Group
The Los Angeles-based Black Lion Investment Group has acquired the trophy waterfront restaurant building Amara at Paraiso, located at 3101 NE 7th Ave., from Related Group. The deal was overseen by Fabio Faerman and Sebastian Faerman of FA Commercial with Fortune International Group,
The Los Angeles-based Black Lion Investment Group has acquired the trophy waterfront restaurant building Amara at Paraiso, located at 3101 NE 7th Ave., from Related Group. The deal was overseen by Fabio Faerman and Sebastian Faerman of FA Commercial with Fortune International Group, who represented both Black Lion and Related Group in the transaction. Amara at Paraiso is a 12,300 SF commercial property and is one of the only free-standing restaurants in Miami located directly on Biscayne Bay. James Beard Award winning chef Michael Schwartz’s Genuine Hospitality operates the popular indoor-outdoor dining space.
“We are thrilled to be a part of the vibrant retail and fine dining experiences that are making Miami the go-to destination in a post COVID-19 world. We believe this is the first step in a multi-faceted approach to creating new experiences within the Miami community,” said Robert Rivani, President of Black Lion Investment Group.
The unique Class A experiential retail and dining facility was built by Related Group as part of the 11-acre Paraiso District, which the development firm delivered in 2018. The Paraiso District consists of the 384-unit Paraiso Bayviews, the 357-unit Paraiso Bay, the 317-unit Gran Paraiso, the 276-unit One Paraiso, and seven standalone townhomes at Paraiso Bay Homes.
Black Lion Investment Group’s portfolio of properties in Florida includes the recently renovated Crystal Cove Commons and Brickell Bay Boardwalk. The Los Angeles-based firm recently acquired the Tucson luxury retail center Oracle Wetmore for $38 million.
Imagery via Genuine Hospitality Group
For more information about commercial sales or leasing in Edgewater, private showings or availability/ pricing information please fill out the form below:
Related Group Announces Paraiso District Is Over 97% Sold As Project Nears Completion
Related Group has announced that the Paraiso District, an 11-acre, four-tower luxury development taking shape on Biscayne Bay in Edgewater, is now 97% sold-out. A number of A-list celebrities have already purchased units in the development, including David Guetta, Alex ‘A-Rod’ Rodriguez, Gael Monfils, and more.
Related Group has announced that the Paraiso District, an 11-acre, four-tower luxury development taking shape on Biscayne Bay in Edgewater, is now 97% sold-out. A number of A-list celebrities have already purchased units in the development, including David Guetta, Alex ‘A-Rod’ Rodriguez, Gael Monfils, and more. Paraiso District consists of the 384-unit Paraiso Bayviews, the 357-unit Paraiso Bay, the 317-unit Gran Paraiso, the 276-unit One Paraiso, and seven standalone townhomes at Paraiso Bay Homes. The project is is expected to be delivered during the course of this year (2018), with closings on the 53-story, sold-out Paraiso Bay beginning this month.
“The Paraiso District is by far one of the most ambitious projects in our portfolio,” says Carlos Rosso, President of The Related Group’s Condominium Division. “The project brings together the best of all Miami has to offer: prime waterfront access, unrivaled culinary offerings, world-class art, a bayfront park, unparalleled health and fitness amenities and striking, expansive residences with spectacular water views. This incredible combination provides buyers with the opportunity to experience the best in resort-style living, while also embracing a walkable, community feel. It’s truly unlike anything else in Miami.”
The final tower in the District, Gran Paraiso, topped off earlier this year; with a select number of prime units still available, starting at just under $1 million to $1.7 million for the tower residences and penthouses from $2 to $3 million. The expansive tower residences feature 10’ ceilings, wraparound terraces and are delivered completely finished with a selection of flooring finishes. Indoor-outdoor spaces throughout the Paraiso District celebrate the tropical, bayside environment, with floor to ceiling windows and open concept floor plans. Resort style amenities include Miami’s largest circular pool, at close to 100 feet in diameter, a pool deck designed by Enzo Enea, a bowling alley, tennis center, wine and yoga rooms, and spa. The Paraiso District encompasses nearly 4,000,000 gross square feet of premium waterfront with a public park and multiple pocket parks, boat slips, seven pools, five tennis courts, open-air art installations, and direct access to the Biscayne Line.
Earlier this year, Amara at Paraiso opened on the ground floor of the Paraiso District's private beach club, with delectable dinners and weekend brunches. Amara at Paraiso is the newest restaurant from James Beard Award-winning chef and restauranteur Michael Schwartz. The bayfront restaurant is designed by Meyer-Davis and notable for its unobstructed views of Biscayne Bay, the beach club features a plunge pool, private boat slips and jet skis, canoes, kayaks and paddle boards for residents.
Amara at Paraiso Unveiled, Michael Schwartz' New Edgewater Restaurant in Edgwater's Paraiso District
Amara at Paraiso has finally been unveiled by Michael Schwartz as their new concept in Edgewater at Related Group's new Paraiso district. Amara at Paraiso will feature bayfront dining with cuisine that is an ode to Michael Schwartz's "love letter to Miami" with a menu featuring tropical items from their wood grill and Josper charcoal grill oven with influence from coastal and Latin American cuisine including meats, fish, and grilled flatbreads. Amara at Paraiso will open in November 2017 in the 4,500 SF Paraiso Beach Club and will feature a main dining room and bar with seating for 150 and patio seating for 70 directly on Biscayne Bay. The Paraiso Beach Club is being designed by Mayer Davis Studio and is located at 3101 NE 7th Avenue.
Sponsored by SterlingRisk. Access a complimentary resource on why developers should involve their insurance broker early in the deal process.