Sale closed in Miami Beach: $7.5 million for a five-bedroom home

A 5,642-square-foot house built in 2019 has changed hands. The spacious, recently built property located in the 400 block of North Hibiscus Drive in Miami Beach was sold on March 17, 2023, for $7,500,000, or $1,329 per square foot. The property features five bedrooms and seven baths. There's also a pool in the backyard. The unit sits on a 10,387-square-foot lot.

These nearby houses have also recently been sold:

• A 8,024-square-foot home on the 300 block of North Hibiscus Drive in Miami Beach sold in May 2022, for $13,750,000, a price per square foot of $1,714.
• In February 2022, a 4,412-square-foot home on South Hibiscus Drive in Miami Beach sold for $16,000,000, a price per square foot of $3,626.
• On South Hibiscus Drive, Miami Beach, in October 2021, a 4,567-square-foot home was sold for $7,200,000, a price per square foot of $1,577.

This story was originally published April 25, 2023 at 2:15 PM with the headline "Sale closed in Miami Beach: $7.5 million for a five-bedroom home."