Miami Beach, Florida building sells for $7.4 million

On December 22, 2021, a seller has sold a property built in 1955 located in the 1900 block of Bay Drive in Miami Beach. The $7,400,000 purchase price works out to $253 per square foot. The property features 38 bedrooms and 38 bathrooms. There's also a pool in the backyard. The unit sits on a 35,400 square-foot lot.

Additional houses have recently been purchased close by:

• On Biarritz Drive, Miami Beach, in August 2021, a 7,722-square-foot home was sold for $1,300,000, a price per square foot of $168.
• A 2,370-square-foot home on 2125 Bay Drive in Miami Beach sold in November 2021 for $505,000, a price per square foot of $213.
• In November 2021, a 4,730-square-foot home at Marseille Drive in Miami Beach sold for $1,509,200, a price per square foot of $319.

This story was originally published February 15, 2022 at 10:25 AM with the headline "Miami Beach, Florida building sells for $7.4 million."