Miami Beach, Florida house sells for $5.3 million

A seller has sold a 3,686-square-foot spacious historic house built in 1927 located in the 200 block of South Coconut Lane in Miami Beach. The deed was signed on October 4, 2021. The $5,300,000 purchase price works out to $1,438 per square foot. The property features four bedrooms and three bathrooms. There's also a pool in the backyard. The unit sits on a 7,000 square-foot lot.

Additional houses have recently been purchased close by:

• A 3,612-square-foot home on 243 Palm Avenue sold in August 2021 for $2,300,000, a price per square foot of $637.
• A 4,567-square-foot home on 340 South Hibiscus Drive sold in August 2021 for $7,200,000, a price per square foot of $1,577.
• 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.

This story was originally published November 9, 2021 at 10:48 AM.