Condominium sells in Miami for $5 million

A 4,100-square-foot condominium built in 2016 has changed hands. The spacious, recently built property located in the 2600 block of South Bayshore Drive in Miami was sold on May 16, 2023. The $5,025,000 purchase price works out to $1,226 per square foot. The property features five bedrooms and five bathrooms.

These nearby units have also recently been sold:

• A 2,617-square-foot unit on the 3300 block of Southwest 27th Avenue in Miami sold in September 2021, for $1,862,500, a price per square foot of $712. The unit has 3 bedrooms and 4 bathrooms.
• In May 2022, a 2,235-square-foot unit on Southwest 27th Avenue in Miami sold for $3,250,000, a price per square foot of $1,454. The unit has 3 bedrooms and 4 bathrooms.
• On Southwest 27th Avenue, Miami, in April 2022, a 936-square-foot unit was sold for $599,000, a price per square foot of $640. The unit has 1 bedroom and 2 bathrooms.

This story was originally published June 14, 2023 at 11:00 AM with the headline "Condominium sells in Miami for $5 million."