Real Estate News

Multi family sells for $4.6 million in Miami Beach

A 15,430-square-foot building built in 1959 has changed hands. The property located in the 7200 block of Gary Avenue in Miami Beach was sold on Nov. 2, 2022. The $4,550,000 purchase price works out to $295 per square foot. The property features 20 bedrooms and 20 bathrooms. It sits on a 0.3-acre lot.

These nearby houses have also recently changed hands:

  • In February 2022, a 3,448-square-foot home on Bonita Drive in Miami Beach sold for $3,100,000, a price per square foot of $899.
  • On Indian Creek Drive, Miami Beach, in October 2022, a 4,421-square-foot home was sold for $1,800,000, a price per square foot of $407.
  • A 4,732-square-foot home on the 7100 block of Bay Drive in Miami Beach sold in March 2022 for $1,100,000, a price per square foot of $232.

This article was generated by the Miami Herald Bot, artificial intelligence software that analyzes structured information from prominent real estate data providers and applies it to templates created by journalists in the newsroom. We are experimenting with this and other new ways of providing more useful content to our readers and subscribers. You can report errors or bugs to mcclatchybot@mcclatchy.com.

This story was originally published November 29, 2022 at 4:32 PM with the headline "Multi family sells for $4.6 million in Miami Beach."

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