Condominium sells for $5.9 million in Miami Beach

A spacious condominium built in 2008 located in the 1400 block of 16th Street in Miami Beach has new owners. The 2,970-square-foot property was sold on Oct. 3, 2022. The $5,900,000 purchase price works out to $1,987 per square foot. The property features three bedrooms and three baths.

Additional units have recently been sold close by:

• A 1,054-square-foot unit on the 1400 block of Lincoln Road in Miami Beach sold in February 2022 for $445,000, a price per square foot of $422.
• In August 2022, a 784-square-foot unit on Lincoln Road in Miami Beach sold for $446,000, a price per square foot of $569.
• On Lincoln Road, Miami Beach, in June 2022, a 1,054-square-foot unit was sold for $375,000, a price per square foot of $356.

This story was originally published October 25, 2022 at 12:22 PM with the headline "Condominium sells for $5.9 million in Miami Beach."