Miami Beach, Florida home sells for $17 million

The spacious and recent property located in the 100 block of Palm Avenue in Miami-Dade County was sold on October 26, 2021 for $17,000,000, or $1,459 per square foot. The house built in 2016 has an interior space of 11,650 square feet. The property features six bedrooms and nine baths. The backyard also has a pool. The unit sits on a 30,000 square-foot lot.

This property fetched 448% more than when it previously sold in February 2010 for $3,103,000.

Additional houses have recently changed hands close by:

• On Palm Avenue, in August 2021, a 3,612-square-foot home was sold for $2,300,000, a price per square foot of $637.
• A 4,567-square-foot home on South Hibiscus Drive sold in August 2021 for $7,200,000, a price per square foot of $1,577.
• In August 2021, a 6,468-square-foot home at South Hibiscus Drive sold for $16,750,000, a price per square foot of $2,590.

This story was originally published November 23, 2021 at 8:48 AM with the headline "Miami Beach, Florida home sells for $17 million."