RIVANI Acquires $23 Million Palm Island Waterfront Estate, Plans Landmark Multi-Million Transformation

Robert Rivani, Founder of disruptive real estate firm RIVANI, has acquired a premier waterfront estate on Miami Beach’s exclusive Palm Island for $23 million. The property is set to undergo a multi-million-dollar transformation into one of the island’s most prestigious private residences.

Located at 16 Palm Avenue, the estate spans a 35,348-square-foot lot that showcases approximately 220 feet of prime, south-facing waterfront capable of accommodating yachts up to 205 feet. Set within the coveted, police-guarded Palm Island community, the property offers a rare blend of privacy, security, and unobstructed bay views.

“Our vision is to create a legacy property that is timeless and exceeds the expectations of today’s luxury buyer on every level,” said Robert Rivani, Founder of RIVANI. “Our commitment to uncompromising quality and transformative luxury spaces is reflected in all of our projects, and will be incorporated into every aspect of this home.”

Drawing influences from the world’s finest resorts and properties, Rivani will reimagine the estate as a South of France-inspired sanctuary blending the timeless elegance of the Mediterranean layered with architectural intimacy and the distinctive character of Miami. The design will incorporate the highest caliber organic materials and finishes, taking cues from the bay and lush outdoors with every element thoughtfully executed to deliver an exceptional living experience.

Dina Goldentayer of Douglas Elliman represented Rivani for the transaction, while Luis Bosch of Venetian International held the listing.

“Originally listed at $32.5 million, Robert acquired this estate at a significant discount, a testament to his ability to identify undervalued properties and unlock their true potential,” said Goldentayer. “The property has it all–scale, pedigree, location, and breathtaking water frontage—all exceedingly rare in Miami’s highly competitive luxury market. With Robert’s visionary approach, it’s destined to become a true legacy estate.”

RIVANI continues to disrupt traditional real estate by transforming hospitality, retail, and office properties into vibrant, lifestyle-driven destinations. With over $1 billion in real estate transactions executed independently, the firm’s portfolio includes an iconic roster of projects including a landmark ‘Class X’ luxury office building The RIVANI on Miami Beach, which attracted Playboy Enterprises as a marquee penthouse tenant. The firm is also behind the recent $37 million acquisition of the historic Lincoln Theatre building, acclaimed waterfront destinations including the upcoming GAIA, and the fully leased Wynwood Jungle and 325,000-square-foot regional power shopping center The Gardens in New Jersey.

Images via Legendary Productions/ Dina Goldentayer

For more information about RIVANI or to inquire about purchasing a home on Palm Island please fill out the form below:

Event December 11: PROFILEmiami Spec Homes & Ultra Luxury Real Estate Summit 2025

On Thursday, December 11, 2025, PROFILEmiami will host the 2nd Annual ‘Spec Home & Ultra-Luxury Real Estate Summit 2025,’ an exclusive evening dedicated to the booming world of South Florida’s most opulent residences at the luxuriously high-tech The Lighting Loft in Midtown Miami. This one-of-a-kind event will spotlight the hottest spec homes and ultra-luxury properties from Miami, Fort Lauderdale, and Palm Beach, while exploring the full spectrum of the sector—from development and design, to financing, insurance, the ultra-competitive world of brokering and selling these lavish properties. Guests will enjoy two powerhouse panels, an ultra-luxury real estate showcase bringing together the industries top brands, and PROFILEmiami’s signature DJ-led cocktail soirée power by Cala Bennati wine designed for high-level bespoke networking.

The Summit will feature insights from some of the industry’s most respected voices, including brokerage top producers Jordan Karp of JK Real Estate and Lourdes Alatriste of Douglas Elliman, both of whom are ranked in Miami’s Top 20 top produces by sales volume in 2025; architect to the stars, Ralph Choeff of Choeff Levy Fischman; one of South Florida’s most active spec home financiers Zack Simkins of Vaster Capital; spec home developers Pascal Nicolai of Sabal Development, Jose Boschetti Jr. of Boschetti Group and Kirk Ivy of IVEY Punch / IVEY Design Build; developer and interior designer Kathy Samaan of Samaan Design Group; with Gustavo Tello of Ero Lighting and Ross Samanchuk of LUC Electric. These panelists will speak alongside alongside a roster of to be announced developers, architects, brokers, and financiers who are setting the tone for South Florida’s next wave of luxury living. Attendees will gain insider perspectives on the factors driving record pricing, the strategies behind successful spec homes, and the design trends that continue to define the ultra-luxury space. With over 150+ of the region’s most active industry leaders in attendance, the evening will serve as a platform for knowledge, collaboration, and connection at the highest level.

The Ultra-Luxury Real Estate Showcase will bring together the top brands and service providers that power South Florida’s spec home and ultra-luxury market. From world-renowned architects and interior designers to specialists in marble, stone, custom kitchens, and high-end millwork, the Showcase will highlight every element that defines today’s most exceptional homes. Guests will be able to explore innovations in smart home technology, home entertainment systems, lighting design, pool engineering, clean air and wellness systems, as well as advanced security solutions—experiencing firsthand the products and expertise that shape the region’s most exclusive properties.

PROFILEmiami’s Spec Home & Ultra-Luxury Real Estate Summit builds on a legacy of industry-leading real estate networking and educational events. This year’s program continues that tradition of convening the key players shaping South Florida’s most prestigious real estate sector, offering a rare opportunity to network, learn, and celebrate the artistry and ambition behind the region’s most remarkable homes.

Panelists:

6 PM: Designing & Building The Next Generation of Spec Homes

• Ralph Choeff, Choeff Levy Fishman

• Kirk Ivy, Ivey PUNCH / Ivey Design Build

• Gustavo Tello, Ero Lighting

• Ross Samanchuk, LUC Electric

• Kathy Samaan, Samaan Design Group

7 PM: State of the Ultra-Luxury Market

• Jordan Karp, JK Real Estate

• Zack Simkins, Vaster Capital

• Pascal Nicolai, Sabal Development / Sabal Luxury Builder

• Lourdes Alatriste, Douglas Elliman

• Jose Boschetti Jr., Boschetti Group

*Additional Panelists to Be Announced

Date: Thursday December 11, 2025 | 5 PM - 8 PM

Location: The Lighting Loft, 3650 N Miami Ave, Miami, FL 33127

Tickets: $175

Sponsors:

Showcase, Sponsorship & Event Information:

Iconic Palm Beach Estate With 250' Of Oceanfront Hits The Market For $185 Million

An iconic property originally commissioned by Joanie and Murray Goodman in 1975 has been listed for $185 million with Illustrated Properties, offering a rare acquisition opportunity in Palm Beach. Representing one of the largest oceanfront parcels to become available, the estate encompasses 2.21 acres and 250 feet of private Atlantic Ocean frontage. The sprawling compound at 911 N. Ocean Blvd. was designed by architect Henry Harding and constructed by Rick Black.

“A property like this does not come around often, if at all,” said Marley Overman, daughter of Joanie and Murray Goodman and agent with Illustrated Properties. “My parents recognized the sheer potential of this location when they built here in 1975. This is an extraordinary opportunity for the next owner to acquire a rare piece of land with such vast potential, on the ocean, with the option to subdivide if they wish.”

The property’s primary value lies in its exceptional size and beachfront dominance. In a market known for intense competition for prime real estate, the availability of 2.21 acres with 250 feet of ocean frontage is virtually unparalleled. The property retains historic elements including a preserved Mizner seawall and stairs leading down to the beach along N. Ocean Blvd. The residence features a total of 23,956 square feet across all structures, featuring 12 bedrooms, 16 full bathrooms and 4 half bathrooms.The grounds feature a main house with a pool, a separate pool house, a tennis court and a detached guest house with its own pool.

Overman noted that while the main house has seen recent updates to the kitchen, master suite, living room and breakfast room, the ideal buyer is likely a "visionary ready to build new, or a steward of history" prepared to undertake an extensive renovation or new construction project.

“We would love the next owner to keep it for many generations and enjoy it like we did,” Overman added, emphasizing the family’s legacy on the island.

Images via Illustrated Properties

META Development Launches Colette Residences, a Boutique Luxury Address Redefining South Brickell Living

META Development, the Miami-based firm known for its “Go Boutique” philosophy, has officially launched sales for Colette Residences, a new boutique luxury condominium in South Brickell. Partnering with the Eklund | Gomes Team at Douglas Elliman Development Marketing, META introduces an intimate residential concept that blends architectural sophistication with a serene, neighborhood-centric lifestyle.

Located in South Brickell—an area increasingly recognized as Miami’s next luxury residential frontier—Colette offers a refined alternative to the district’s high-rise energy. The five-story development features just 38 residences, including two signature penthouses, designed for those who value privacy, connection, and design integrity. Residences range from two to four bedrooms starting at 2,145 square feet, with pricing beginning at $3.3 million.

Designed by acclaimed Brazilian architecture studio OSPA, the building reflects a human-centered design ethos that seamlessly integrates indoor and outdoor living. This marks OSPA’s Miami debut and builds on META’s track record of architecturally distinct projects such as OPUS Coconut Grove.

“Colette represents the next evolution of our philosophy, curating residences that feel personal, tailored, and refined,” said Andrew Rasken, Founder and CEO of META Development. “In a district known for its high-rise energy, Colette is intentionally exclusive—crafted for those who value a calmer, more connected way of living without compromising on design or amenities.”

As part of its commitment to community impact, META Development will donate $10,000 for every residence sold to Friendship Circle of Miami, a nonprofit supporting children and young adults with special needs.

Despite its intimate scale, Colette offers a robust amenity program rivaling larger-scale towers. Indoor amenities span approximately 5,000 square feet, complemented by 7,000 square feet of outdoor spaces designed for relaxation and entertaining. Highlights include:

• A 50-foot swimming pool with private cabanas

• A 5,200-square-foot sun deck

• A wellness spa with jacuzzi, sauna, and steam room

• A screening room, children’s playroom, and meeting suite

• 24/7 valet service and covered parking for two or three cars per residence, with EV charging stations

• Private storage units for each homeowner

“Miami buyers are increasingly seeking boutique-scale projects that combine privacy with sophistication,” said Fredrik Eklund, co-founder of the Eklund | Gomes Team. “Colette delivers exactly that—an intimate collection of residences in one of the city’s most dynamic neighborhoods, blending global design with the lifestyle today’s buyers demand.”

Situated minutes from Brickell’s business core yet set within a peaceful, park-filled enclave, Colette residents enjoy walkable access to waterfront promenades, fine dining, and cultural destinations, all while maintaining the tranquility of a low-rise community. “We’re seeing interest from buyers who’ve outgrown the hustle of Brickell’s high-rise district,” explained Sales Director Pietro Belmonte. “They still want proximity to the city’s restaurants and nightlife, but they crave a calmer, more livable environment with a neighborhood feel.”

The Colette Sales Gallery will open on November 12, 2025, at 3390 Mary Street, Suite #124, Coconut Grove, FL 33133. Visitors can experience an immersive virtual tour, scale model, and full-size model kitchen and bath to preview the building’s design vision and lifestyle offering. Completion is slated for summer 2028. Ownership inquiries are now being accepted. For more information, fill out the form below.

For more information about Colette Residences or to inquire about purchasing a unit please fill out the form below:

SB Development Group and Hazelton Capital Group Secure $170 Million in Financing for Cove Miami

New York-based SB Development Group and Hazelton Capital Group have secured $170 million in construction and land financing for the development of Cove Miami, a 40-story luxury condominium in Miami’s tranquil Edgewater district. The loan comes from Bravo Property Trust, the bridge and construction lending platform and affiliate of Bravo Capital.

“Securing this financing marks another significant milestone in Cove Miami’s development saga. With Bravo’s financial support, we are excited to continue developing this truly one-of-a-kind luxury development,” said Joseph Stern, Co-Founder and Principal at SB Development Group. “Edgewater is one of Miami’s most understated yet dynamic neighborhoods, and we are confident that Cove Miami will continue to raise the area’s reputation as Miami’s next luxury market.”

Since its founding in 2021, Bravo Property Trust has originated over $1.8 billion in financing, establishing itself as a reliable lender for large scale residential and mixed-use projects. Given their impressive track record and belief that the Edgewater market will soon make waves, Bravo Property Trust is eager to enter into this new relationship with SB Development and Hazelton.

“We’re always chasing quality, and we often find that quality comes in larger checks with sponsors who are ambitious and experienced,” said Aaron Krawitz, founder and CEO of Bravo Capital. “SB Development and Hazelton’s vision for Cove Miami perfectly reflects that drive; they are bringing a top-tier luxury product to Edgewater at a time when supply in the $1 million to $2 million range is limited and demand from buyers seeking well-located, high-end residences continues to grow. It’s a standout opportunity in one of Miami’s most dynamic neighborhoods.”

Located on the stunning shores of the Biscayne Bay, Cove Miami offers a chic yet serene living experience through a limited collection of 134 luxury residences. Architecturally designed by world-renowned firms Kobi Karp and Dieguez Fridman, the development will feature one- to- four-bedroom residences that boast floor-to-ceiling windows, expansive wrap-around terraces, and carefully curated natural elements, allowing residents to deeply connect with their serene surroundings. Cove Miami’s suite of high-quality amenities include a sun-kissed infinity pool with private cabanas, a Tranquility Spa with a cold plunge, massage rooms, a traditional hammam, and a sauna, a state-of-the-art fitness center, indoor and outdoor yoga areas, a rooftop lounge with an outdoor kitchen and panoramic views of Biscayne Bay, a private dining room with chef’s kitchen, a Grand Theater, a game and billiards room, a library and wine room, a pet spa, and dock access for water sports. Additionally, residents also have access to both shared co-working spaces and private office suites, as well as an on-site waterfront restaurant. Exclusive resident services, including on-demand LEAA Healthcare and Zipcar car-sharing, further enhance convenience, creating a luxurious and fully curated lifestyle.

“We couldn’t be more excited to deliver Cove Miami to the Edgewater community,” said Adam Westreich, Principal at Hazelton Capital Group. “Our vision is to create a residential experience that feels both elevated and authentic to the neighborhood, and we are confident Cove Miami fits the bill perfectly. This development will be more than just another luxury development, it will become the pride of Edgewater.”

OneWorld Properties will be the exclusive sales team of Cove Miami.

Renderings via CRAFT and DARKROOM

For more information about Cove Miami or to inquire about purchasing a unit please fill out the form below:

Palm Beach Oceanfront Estate Hits the Market For $73 Million With 168' Of Ocean Frontage

Few homes in Palm Beach embody the effortless blend of timeless elegance and modern luxury quite like 2315 S Ocean Blvd, now on the market for $73 million with Nick Malinosky of The Exclusive Group at Douglas Elliman and Gary Pohrer of Serhant.

Set on nearly two acres with 168 feet of direct ocean frontage, this award-winning estate immediately makes a statement. Originally completed in 2010 and honored with the Elizabeth L. and John H. Schuler Award for outstanding new architecture, the residence was envisioned in a classic British Colonial style, with stately columns, broad verandas, and a spectacular two-story open-air atrium at its core. Every detail was designed to capture Palm Beach’s singular spirit: sun-soaked, sophisticated, and private.

Recently, the home underwent a transformative renovation that lightened the interiors, modernized the flow, and elevated every finish. The living spaces are now brighter and more welcoming, with a reimagined staircase and fireplace anchoring the main salon. A former ground-level bedroom has been opened into a family room off the kitchen, creating a more contemporary floorplan that balances formality with livability. Bathrooms and gathering spaces were also refreshed, ensuring the estate feels entirely turn-key for today’s discerning buyer.

The lifestyle it offers is equally compelling. Expansive loggias and balconies flow effortlessly into two resort-style swimming pools, one positioned directly on the beachfront and the other tucked beside the guest suite for ultimate privacy. The lower level rivals a private club, with a wine-tasting room, billiards lounge, home theater, gym, and spa/massage suite. Every corner of the property has been crafted to embrace both relaxation and entertaining at the very highest level.

Reintroduced to market at $73 million after previously being listed at $83.5 million, the estate stands as one of the most compelling offerings on the island today—combining architectural pedigree, thoughtful renovations, and an extraordinary setting. It captures not just a home, but the lifestyle that has made Palm Beach one of the world’s most coveted destinations.

Images via Daniel Petroni Photography

Real Housewives of Miami Star Buys Home In Coral Gables' Exclusive 'Gables Estates' For $34 Million

Anthony Lopez, an insurance attorney engaged to Dr. Nicole Martin, former star of The Real Housewives of Miami, just closed on a Coral Gables property for $34 million. Dennis Carvajal and Maria Marin-Sanchez with ONE Sotheby’s International Realty represented the seller, while the buyer was represented by Dennis Carvajal with ONE Sotheby’s International Realty. The waterfront estate is located in Coral Gables’ gated Gables Estates neighborhood.

Nestled in the ultra-exclusive gated community of Gables Estates, the property features 225-feet of pristine water footage offering breathtaking open bay views. The home features expansive living spaces filled with natural light, gourmet chef's kitchen features custom cabinetry and top of the line appliances, a custom-built Wine Cellar holding 2, 700+ bottles in a temperature-controlled environment, his and hers offices, game and entertainment room as well as a fully equipped home gym, full house automatic generator, elevator, impact windows and doors, and a 4 car garage. Outdoors features spacious outdoor terraces, summer kitchen and bayfront pool, and a dock with boat lift.

Images via Become Legendary / Dennis Carvajal at ONE Sotheby’s International Realty

Cat Cay "Twin Beaches" Bahamas Oceanfront Estate On Private Yacht Club Island Hits Market For $15.9 Million

The iconic “Twin Beaches” oceanfront estate on the private Cat Cay island in the Bahamas has hit the market for $15,900,000. Cat Cay is accessible by boat or propeller plane and is among the closest islands in the Bahamas to Miami. Positioned on a rare and oversized 1.04-acre parcel, Twin Beaches boasts the unique distinction of having direct ocean frontage on both its eastern and western shores, offering uninterrupted sunrise and sunset vistas. Designed for seamless indoor-outdoor living, the estate is surrounded by lush tropical landscaping and is comprised of three distinct structures, thoughtfully arranged to create a private, resort-style compound.

Fortune Christie’s International Real Estate top-producing agents Adam Elmer Jr. and Marie Mangouta of The Worth Group have listed Twin Beaches, co-listed with John Christie of HGC Christie’s International Real Estate in The Bahamas.

The main residence features three spacious bedrooms and three-and-a-half bathrooms, each appointed with elegant island-inspired finishes and panoramic water views. Two separate guest houses provide an additional two bedrooms and private baths, ensuring luxurious accommodations for family and friends. In total, the estate spans approximately 4,100 square feet and offers five bedrooms and six bathrooms.

“Properties of this caliber on Cat Cay rarely come to market,” said Adam Elmer Jr. of The Worth Group. “Twin Beaches offers a once-in-a-lifetime opportunity to own one of the most coveted oceanfront estates in The Bahamas, combining unparalleled privacy, world-class amenities, and a setting of unmatched natural beauty.”

Ownership on Cat Cay grants privileged access to the members-only Cat Cay Yacht Club, a sanctuary of refined island living with amenities that include a full-service superyacht marina, private airstrip, 9-hole golf course, tennis courts, boutique hotel accommodations, fine dining, and on-island customs and medical services. The island is secured with 24/7 staff and offers concierge-level attention for a truly exclusive lifestyle.

Dezer Development Reveals $37.5 Million Bentley Residences Miami Penthouse in Sunny Isles Beach

Towering above the shoreline at 61 stories high, Dezer Development has revealed the Penthouse at Bentley Residences Miami, asking $37.5 Million, making it one of the highest-priced penthouse properties on the Sunny Isles Beach real estate market. One of only two penthouses in the world’s first Bentley-branded residential tower, this extraordinary home offers unobstructed views of the Atlantic Ocean, downtown Miami, and Fort Lauderdale.

Inside, soaring 22-foot ceilings reveal expansive living and gallery-style spaces, highlighted by a glass-enclosed car garage accessible via the patented Dezervator vehicle elevator. The residence boasts four bedrooms, seven bathrooms, a study, entertainment loft, and a state-of-the-art kitchen equipped with Gaggenau appliances, alongside service quarters designed for seamless hosting. Private indoor and outdoor pools, a sunset terrace, and summer kitchen create an elegant al fresco oasis.

Curving walls, oak detailing, and crystal accents add a refined Art Deco influence inspired by Miami’s architectural heritage. Bentley Home has created an optional interior design concept exclusively for this penthouse, offering handcrafted furniture and a calming palette of natural tones and materials that reflect the surrounding ocean and sky.

Residents of Bentley Residences will enjoy access to world-class amenities including a spa, a game room, a whisky bar, cigar lounge, cinema, a pet spa, a beauty salon, and exclusive residents-only restaurant and dining concepts. With 2.4 acres of beachfront and completion anticipated in 2028, this penthouse offers a rare opportunity to own a piece of elevated coastal luxury.

Images via Bentley Residences Miami

For more information about Bentley Residences Miami or to inquire about purchasing a unit please fill out the form below:

Inside Boca Raton’s Booming Real Estate Market with Leading Agent Aaron Buchbinder

As a Boca Raton native and founding agent of Compass in the area, Aaron Buchbinder has witnessed firsthand the city's remarkable evolution into a luxury real estate hotspot. With deep-rooted connections and an intimate understanding of the community, Aaron offers unparalleled insights into Boca Raton's dynamic property landscape. In this exclusive Q&A, he discusses the factors driving the market's growth, emerging trends, and his personalized approach to guiding clients through the competitive real estate environment.

PROFILEmiami: What excites you most about the Boca Raton real estate market?

Aaron Buchbinder: Boca is home for me—it’s where I grew up, so it’s personal. Getting to work in my own backyard is something I never take for granted. This isn’t the same Boca I knew as a kid—it has transformed into a premier destination that goes far beyond the traditional idea of a vacation or retirement spot. We are seeing remarkable growth driven by people who want to live, work, and raise families here. From vibrant, family-friendly neighborhoods to exclusive beachfront and country club communities, Boca truly offers something for every lifestyle.

PROFILEmiami: What trends do you see shaping the area's real estate market now and in the coming years?

Aaron Buchbinder: We are seeing more families prioritizing safe neighborhoods and strong school districts. At the same time, older buyers are seeking out luxury condos and country club living. Boca offers both worlds, which is why it continues to thrive. The demand is across generations, and that’s powerful.

PROFILEmiami: How do you help clients navigate today’s competitive real estate landscape?

Aaron Buchbinder: It all starts with setting clear goals and expectations from the beginning. I tailor everything to my clients’ needs and timelines—whether they’re ready to make a move now or just starting to think about it for next year, I help them plant those early seeds. In today’s competitive market, having the right mindset and clarity around priorities is essential—especially when important life factors like schools come into play. I guide the conversation toward what really matters so we can make smart, confident decisions. From understanding the nuances of each neighborhood to leveraging off-market opportunities, I bring the insight and strategy needed to help them stay ahead.

PROFILEmiami: Are there any neighborhoods or property types you think are undervalued or emerging?

Aaron Buchbinder: New construction communities are definitely trending—especially among young families who want a turnkey lifestyle. East Boca continues to be a hot spot too, and it’s still full of opportunity.

PROFILEmiami: What does your ideal day in Boca look like?

Aaron Buchbinder: I start with a workout at The Boca Raton gym, where my family and I are members, then grab breakfast and a coffee at Saquella Café in Mizner Park. After that, I’m at the office or out at showings until about 5pm, and then it’s all about family—sports practice with the kids or dinner out. On weekends, we love relaxing by the pool at The Boca Raton. If it’s a date night, you’ll find us at Matteo’s with friends, ordering the veal chops. With the kids, it’s usually hibachi at Saiko.

PROFILEmiami: W​hat has been the most defining moment of your career?

Aaron Buchbinder: Crossing the $100 million in sales mark for the first time was a significant milestone for my team. It wasn’t just about the number, it was about the years of hard work, trust from our clients, and the foundation we had built together.

PROFILEmiami: What advice would you give to someone considering a move to South Florida?

Aaron Buchbinder: If you’re moving with a family, lock in your school before you do anything else. That piece drives everything. And if you’re coming for the lifestyle, find a local guide who can help you find the right community that fits your rhythm—whether that means the best schools, social clubs, restaurants. South Florida has so much to offer, but it’s all about finding the pocket that aligns with your life.

PROFILEmiami: One word your clients would use to describe you?

Aaron Buchbinder: Approachable.