Multi family in Miami Beach sells for $2.5 million

A 7,182-square-foot building built in 1951 has changed hands. The property located in the 1400 block of Lenox Avenue in Miami Beach was sold on Oct. 5, 2022 for $2,500,000, or $348 per square foot. The property features 12 bedrooms and 12 bathrooms. The unit sits on a 6,750-square-foot lot.

Additional houses have recently been sold nearby:

• A 3,030-square-foot home on the 1500 block of Michigan Avenue in Miami Beach sold in May 2022 for $1,500,000, a price per square foot of $495.
• On 15th Street, Miami Beach, in September 2021, a 6,076-square-foot home was sold for $2,540,000, a price per square foot of $418.
• In April 2022, a 4,635-square-foot home on West Avenue in Miami Beach sold for $1,850,000, a price per square foot of $399.

This story was originally published November 1, 2022 at 12:04 PM with the headline "Multi family in Miami Beach sells for $2.5 million."