A 2,340-square-foot house built in 1940 has changed hands. The spacious property located at 316 South Coconut Lane in Miami Beach was sold on June 10, 2025. The $8,910,000 purchase price works out to $3,808 per square foot. This two-story home has three bedrooms and three baths. The lot of the property covers a substantial area of 8,736 square feet, complete with a pool for outdoor enjoyment.

Additional houses have recently changed hands nearby:

· In May 2025, a 3,227-square-foot home at 282 Palm Avenue in Miami Beach sold for $3,680,000, a price per square foot of $1,140. The home has 4 bedrooms and 2 bathrooms.

· A 9,094-square-foot home at 288 South Coconut Lane in Miami Beach sold in November 2024 for $22,000,000, a price per square foot of $2,419. The home has 9 bedrooms and 8 bathrooms.

· At 275 Palm Avenue in September 2022, a 3,422-square-foot home was sold for $4,250,000, a price per square foot of $1,242. The home has 5 bedrooms and 3 bathrooms.