Multi family sells for $3.5 million in Miami Beach

A building built in 1936 located in the 900 block of Pennsylvania Avenue in Miami Beach has a new owner. The 8,502-square-foot property was sold on Dec. 7, 2022. The $3,450,000 purchase price works out to $406 per square foot. The property features 14 bedrooms and 14 bathrooms. The unit sits on a 7,000-square-foot lot.

Additional houses have recently been sold nearby:

• A 1,568-square-foot home on the 700 block of Eighth Street in Miami Beach sold in April 2022 for $1,099,000, a price per square foot of $701.
• In May 2022, a 7,456-square-foot home on Ninth Street in Miami Beach sold for $5,200,000, a price per square foot of $697.
• On Ninth Street, Miami Beach, in September 2022, a 7,456-square-foot home was sold for $6,000,000, a price per square foot of $805.

This story was originally published January 3, 2023 at 1:07 PM with the headline "Multi family sells for $3.5 million in Miami Beach."