Condominium in Miami sells for $2.5 million

A spacious condominium located in the 4800 block of University Drive in Miami has a new owner. The 3,451-square-foot property, built in 2007, was sold on March 20, 2023. The $2,500,000 purchase price works out to $724 per square foot. The property features four bedrooms and four baths.

Additional units have recently been purchased nearby:

• A 2,706-square-foot unit on the 1100 block of Campo Sano Avenue in Miami sold in March 2022, for $2,100,000, a price per square foot of $776.
• In July 2022, a 2,247-square-foot unit on Campo Sano Avenue in Miami sold for $2,375,000, a price per square foot of $1,057.
• On Ponce de Leon Boulevard, Coral Gables, in November 2022, a 2,065-square-foot unit was sold for $898,000, a price per square foot of $435.

This story was originally published April 26, 2023 at 11:10 AM with the headline "Condominium in Miami sells for $2.5 million."