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Historic Miami Beach property trades for $37 million

Rivani snags Lincoln Theatre, a redeveloped retail center
Originally built in 1935, Miami Beach's Lincoln Theatre is one of the clearest examples of the city's art deco architecture. (CoStar)
Originally built in 1935, Miami Beach's Lincoln Theatre is one of the clearest examples of the city's art deco architecture. (CoStar)
CoStar News
August 28, 2025 | 3:20 P.M.

The Lincoln Theatre, a historic art deco building that lines Miami Beach’s famous Lincoln Road, was acquired by the developer Rivani, which is known for focusing on high-end hospitality and food and beverage concepts, and is doubling down on the neighborhood.

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