A spacious house at 112 Palm Avenue in Miami Beach has a new owner. The 5,157-square-foot unit, built in 1958, was sold on Sept. 22, 2025 for $14,995,000 which represents a price per square foot of $2,908. This two-story home offers a capacious living environment with its seven bedrooms and nine bathrooms. Nestled on a generous 0.7-acre lot, the property provides abundant outdoor space including a pool.

Other houses have recently changed hands nearby:

· A 3,526-square-foot home at 93 Palm Avenue in Miami Beach sold in September 2021 for $10,750,000, a price per square foot of $3,049. The home has 4 bedrooms and 3 bathrooms.

· In September 2021, a 3,526-square-foot home at 93 Palm Avenue in Miami Beach sold for $15,500,000, a price per square foot of $4,396. The home has 4 bedrooms and 3 bathrooms.

· At 125 Palm Avenue in Miami Beach in November 2021, a 8,951-square-foot home was sold for $9,297,800, a price per square foot of $1,039. The home has 4 bedrooms and 4 bathrooms.