Single-family residence in Miami Beach sells for $2.7 million

A spacious house located in the 5200 block of Pine Tree Drive in Miami Beach has new owners. The 2,531-square-foot property, built in 1934, was sold on March 28, 2023. The $2,650,000 purchase price works out to $1,047 per square foot. The property features four bedrooms, three bathrooms, a carport, and one parking space. It sits on a 7,563-square-foot lot, which also has a pool.

These nearby houses have also recently been sold:

• A 5,038-square-foot home on the 5300 block of Pine Tree Drive in Miami Beach sold in June 2022, for $18,000,000, a price per square foot of $3,573.
• On Lagorce Drive, Miami Beach, in January 2022, a 6,028-square-foot home was sold for $7,800,000, a price per square foot of $1,294.
• In March 2022, a 3,141-square-foot home on Lagorce Drive in Miami Beach sold for $2,750,000, a price per square foot of $876.

This story was originally published May 2, 2023 at 1:52 PM with the headline "Single-family residence in Miami Beach sells for $2.7 million."