Sale closed in Miami Beach: $5.1 million for a three-bedroom home

The spacious historic property located in the 5500 block of Pine Tree Drive in Miami Beach was sold on April 10, 2023. The $5,105,000 purchase price works out to $1,208 per square foot. The house, built in 1929, has an interior space of 4,227 square feet. The property features three bedrooms, three baths, a carport, and one parking space. The unit sits on a 7,500-square-foot lot.

These nearby houses have also recently been sold:

• In February 2023, a 3,500-square-foot home on Pine Tree Drive in Miami Beach sold for $3,800,000, a price per square foot of $1,086.
• On Lagorce Drive, Miami Beach, in November 2022, a 3,300-square-foot home was sold for $4,200,000, a price per square foot of $1,273.
• A 2,206-square-foot home on the 5400 block of Lagorce Drive in Miami Beach sold in September 2021, for $1,575,000, a price per square foot of $714.

This story was originally published May 9, 2023 at 11:12 AM with the headline "Sale closed in Miami Beach: $5.1 million for a three-bedroom home."