The property located at 661 Melaleuca Lane in Miami, is a Single Family home with a total square footage of 5,266. The transaction amount for this sale was $9,500,000, equating to a price per square foot of $1,804.

Summary of transaction details:

• Property Type: Single Family
• Transaction Amount: $9,500,000
• Address: 661 Melaleuca Lane
• Market: Miami
• Buyer: Natalia Temkin
• Seller: Alexander & Rena Karakhanian
• Buyer's Representative: Tim Lobanov - Verzasca Intl Realty
• Seller's Representative: Jonathan Garcia - ONE Sotheby’s Intl Realty

The sale of this property marked a record at Bay Point, with the second-highest non-waterfront sale. The residence embodies a blend of luxury and contemporary elegance, featuring exquisite design finishes, European plank oak floors, Italian black scrapped wood & glass kitchen, and floor-to-ceiling impact windows that fill the space with natural light. The property includes 5 bedrooms, 4.5 bathrooms, a grand 1,000 square foot master suite, an office, and a lush yard with a salt-water pool. Situated in the prestigious Bay Point Estates, the home offers sophisticated living in a secure and gated community.