Single-family home sells in Miami Beach for $5.9 million

A 1,563-square-foot house built in 1939 has changed hands. The property located in the 200 block of North Coconut Lane in Miami Beach was sold on March 16, 2023. The $5,900,000 purchase price works out to $3,775 per square foot. The property features three bedrooms, two baths, and a garage. The unit sits on a 7,000-square-foot lot.

Additional houses have recently been purchased nearby:

• On Palm Avenue, Miami Beach, in February 2022, a 2,259-square-foot home was sold for $1,625,000, a price per square foot of $719.
• In November 2021, a 2,055-square-foot home on North Coconut Lane in Miami Beach sold for $1,773,800, a price per square foot of $863.
• A 11,650-square-foot home on the 100 block of Palm Avenue in Miami Beach sold in October 2021, for $17,000,000, a price per square foot of $1,459.

This story was originally published April 25, 2023 at 8:31 AM with the headline "Single-family home sells in Miami Beach for $5.9 million."