TNT Miami Acquires 31 La Gorce Circle, Miami Beach Single Family For $5.5M

Located on La Gorce Island in Miami Beach, this single-family property at 31 La Gorce Circle was recently sold in a closed transaction. The property offers a spacious living area of 4,512 square feet, with a lot size of 22,500 square feet. The sale price for this home was $5,500,000, which equates to a price per square foot of $1,219. The transaction took place on April 9, 2021, and the property was sold in just 6 days at the full asking price. This sale marks the highest non-waterfront land sale ever in Miami Beach and La Gorce Island.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $5,500,000
• Address: 31 La Gorce Circle, La Gorce Island, Miami Beach
• Square Footage: 4,512
• Price per Square Foot: $1,219
• Seller: Adam Wyden
• Seller's Representative: Devin Kay - Douglas Elliman
• Buyer: TNT Miami
• Buyer's Representative: Jeri Jenkins - Coldwell Banker Realty

The successful sale of this property was facilitated by Devin Kay of Douglas Elliman, representing the seller, Adam Wyden, and Jeri Jenkins of Coldwell Banker Realty, representing the buyer, TNT Miami. This transaction achieved the full asking price in just 6 days, showcasing the demand and market value of properties on La Gorce Island. The sale highlights the expertise and negotiation skills of the involved representatives, contributing to their successful completion of the deal.