Multi family in Miami Beach sells for $4 million

A 7,880-square-foot building built in 1940 has changed hands. The property located in the 400 block of 78th Street in Miami Beach was sold on March 14, 2023. The $3,950,000 purchase price works out to $501 per square foot. The property features 22 bedrooms and 22 baths. The unit sits on a 5,650-square-foot lot.

These nearby houses have also recently changed hands:

• A 12,241-square-foot home on the 7800 block of Abbott Avenue in Miami Beach sold in November 2021, for $4,000,000, a price per square foot of $327.
• On Harding Avenue, Miami Beach, in May 2022, a 8,021-square-foot home was sold for $5,850,000, a price per square foot of $729.
• In December 2021, a 3,425-square-foot home on Carlyle Avenue in Miami Beach sold for $880,000, a price per square foot of $257.

This story was originally published April 18, 2023 at 8:57 AM with the headline "Multi family in Miami Beach sells for $4 million."