Miami Shores has set a record for the sale of expensive real estate

Miami Shores has set a record for the sale of expensive real estate

A waterfront house in Miami Shores, a residential area of Miami, has set records for the total sale price and the price per square foot in this location.

The one-story house, located at 9767 NE 13th Ave, was purchased for $8.7 million. Thus, the price per square foot was $1,707. The sold house has 5 bedrooms, several bathrooms, a roof terrace, as well as a large swimming pool on the adjacent territory.

"A property of this scale, a double plot with an open view of the bay and almost 200 feet of coastline is a rare find", experts noted. The peculiarity is that you can build a house on one part of the territory, and turn the other into a recreation area with a luxurious swimming pool and amenities, for example, basketball, tennis or pickleball courts. In addition, the buyer has the opportunity to split two objects and sell one of them to recoup his initial investment.

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