The property sold is a single-family home located at 3333 Poinciana Avenue in Miami, specifically in Coconut Grove. The residence spans an area of 7,642 square feet and was sold for a total price of $15 million, resulting in a price per unit of $1,963. This transaction indicates the continued appeal of waterfront properties along Biscayne Bay.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $15,000,000
• Units: 7,642
• Price Per Unit: $1,963
• Buyer: 3333 Poinciana LLC
• Seller: Richard C. Shipley & Feyza Altindag Williams
• Broker: Nancy Batchelor - Compass
• Last traded amount in 2018: $5,770,000

In this transaction, the sellers Richard C. Shipley and Feyza Altindag Williams engaged Nancy Batchelor, representing them through Compass. This sale showcases the robust demand for luxurious waterfront properties in the area, reflecting a notable increase in market interest since its last sale.