Sale closed in Miami Beach: $4.3 million for a five-bedroom home

A spacious historic house built in 1925 located in the 200 block of Palm Avenue in Miami Beach has a new owner. The 3,422-square-foot property was sold on Aug. 24, 2022. The $4,250,000 purchase price works out to $1,242 per square foot. The property features five bedrooms and three baths. The unit sits on a 6,000-square-foot lot.

Additional houses have recently been sold close by:

• A 3,612-square-foot home on the 200 block of Palm Avenue in Miami Beach sold in September 2021 for $2,300,000, a price per square foot of $637.
• On North Coconut Lane, Miami Beach, in October 2021, a 2,055-square-foot home was sold for $1,773,800, a price per square foot of $863.
• In January 2022, a 2,259-square-foot home on Palm Avenue in Miami Beach sold for $1,625,000, a price per square foot of $719.

This story was originally published October 11, 2022 at 2:40 PM.