Miami Beach, Florida house sells for $7 million

A roomy house built in 1994 located in the first block of North Hibiscus Drive in Miami Beach has a new owner. The 4,010-square-foot property was sold on August 19, 2021 for $6,965,000, or $1,737 per square foot. The property features five bedrooms and four baths. The backyard also has a pool. The unit sits on a 10,500 square-foot lot.

These nearby houses have also recently been purchased:

• A 6,468-square-foot home on 224 South Hibiscus Drive sold in August 2021 for $16,750,000, a price per square foot of $2,590.
• A 3,526-square-foot home on 93 Palm Avenue sold in July 2021 for $10,750,000, a price per square foot of $3,049.
• A 3,526-square-foot home on 93 Palm Avenue sold in August 2021 for $15,500,000, a price per square foot of $4,396.

This story was originally published October 31, 2021 at 7:15 PM.