Friday, October 3, 2008

Sunset Island Lot Sold For $22,500,000

Sunset Islands real estate Miami Beach
2500 Bay Ave. Sunset Island II, Miami Beach, Florida
An empty lot located on prestigious Sunset Island II, just sold and closed yesterday for $22,500,000. The lot, which measures 1.93 acres, faces the wide bay and has approximately 570 linear feet of bay front. The asking price for the lot was $29,000,000. The Sunset Islands are located in the heart of Miami Beach. Since the beginning of this year, 3 other Sunset Island homes with waterfront views have sold, ranging in price from $4,600,000 to $10,000,000. At the present time, 12 other waterfront properties are listed for sale on the 4 Sunset Islands.

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