A single-family home located at 1220 S. Biscayne Point Road in Miami Beach has been sold for a record-breaking price. The property, spanning 5,423 square feet, was sold on July 19, 2021, for a total of $8,700,000. This translates to a price per square foot of $1,604, making it one of the highest-priced transactions ever recorded on Biscayne Point. The sale was facilitated by Oliver Lloyd from Douglas Elliman.

Summary of transaction details:

• Property Type: Single-Family Home
• Transaction Amount: $8,700,000
• Square Footage: 5,423
• Price per Square Foot: $1,604
• Address: 1220 S. Biscayne Point Road
• Market: Miami Beach

This significant transaction was spearheaded by Oliver Lloyd, a broker from Douglas Elliman. Through his expertise and representation, the buyer and seller were able to successfully negotiate and complete this landmark deal. The sale not only sets a new record for the highest price ever paid on Biscayne Point but also showcases the immense value of properties in Miami Beach's real estate market.