Miami Beach, Florida house sells for $12.3 million

The spacious property located in the 4500 block of Pine Tree Drive in Miami Beach was sold on December 22, 2021. The $12,300,000 purchase price works out to $2,141 per square foot. The house built in 1949 has an interior space of 5,744 square feet. The property features six bedrooms and seven baths. There's also a pool in the backyard. The unit sits on a 34,700 square-foot lot.

Additional houses have recently been purchased close by:

• On West 46th Street, Miami Beach, in August 2021, a 1,437-square-foot home was sold for $1,200,000, a price per square foot of $835.
• A 1,922-square-foot home on 4427 Royal Palm Avenue in Miami Beach sold in August 2021 for $1,980,000, a price per square foot of $1,030.
• In October 2021, a 2,470-square-foot home at Prairie Avenue in Miami Beach sold for $1,850,000, a price per square foot of $749.

This story was originally published February 15, 2022 at 12:43 PM with the headline "Miami Beach, Florida house sells for $12.3 million."