Multi family in Miami Beach sells for $2.5 million

A 4,104-square-foot building built in 1935 has changed hands. The property located in the 1600 block of Michigan Avenue in Miami Beach was sold on June 14, 2022 for $2,470,000, or $602 per square foot. The property features 10 bedrooms and 10 baths. The unit sits on an 8,000 square foot lot.

Additional houses have recently changed hands close by:

• In April 2022, a 3,030-square-foot home on Michigan Avenue in Miami Beach sold for $1,500,000, a price per square foot of $495.
• On Jefferson Avenue, Miami Beach, in November 2021, a 7,480-square-foot home was sold for $2,186,000, a price per square foot of $292.
• A 5,231-square-foot home on the 1500 block of Meridian Avenue in Miami Beach sold in May 2022 for $2,725,000, a price per square foot of $521.

This story was originally published August 30, 2022 at 5:54 PM with the headline "Multi family in Miami Beach sells for $2.5 million."