Miami Beach, Florida house sells for $3.7 million

A 3,101-square-foot house built in 1940 has changed hands. The spacious property located in the 5500 block of Pine Tree Drive in Miami Beach was sold on March 31, 2022. The $3,700,000 purchase price works out to $1,193 per square foot. The property features four bedrooms and four baths. It sits on a 7,421 sqft lot, which also has a pool.

Additional houses have recently been sold nearby:

• In February 2022, a 690-square-foot home at Pine Tree Drive in Miami Beach sold for $26,000,000, a price per square foot of $37,681.
• On Pine Tree Drive, Miami Beach, in November 2021, a 6,334-square-foot home was sold for $5,700,000, a price per square foot of $900.
• A 2,523-square-foot home on 5660 Pine Tree Drive in Miami Beach sold in December 2022 for $2,480,000, a price per square foot of $983.

This story was originally published May 17, 2022 at 10:52 AM with the headline "Miami Beach, Florida house sells for $3.7 million."