Miami property sale: Single-family residence sells for $2.5 million

Published Aug 11, 2025

The spacious property at 711 Northeast 23rd Terrace in Miami was sold on July 23, 2025 for $2,482,200, or $174 per square foot. The condominium, built in 1972, has an interior space of 14,301 square feet. This condominium offers spacious living environment with its 41 bedrooms and 41 bathrooms. The property is equipped with central A/C. Situated on a spacious 0.4-acre lot, the unit offers ample outdoor space along with the added bonus of a pool.

Additional units that have recently changed hands close by include:

· In January 2022, a 663-square-foot unit at 601 Northeast 23rd Street in Miami sold for $272,000, a price per square foot of $410. The unit has 1 bedroom and 1 bathroom.

· At 601 Northeast 23rd Street in Miami in July 2022, a 663-square-foot unit was sold for $355,000, a price per square foot of $535. The unit has 1 bedroom and 1 bathroom.

· A 1,146-square-foot unit at 601 Northeast 23rd Street in Miami sold in March 2023 for $520,000, a price per square foot of $454. The unit has 2 bedrooms and 2 bathrooms.