Patricia Kennedy Acquires Miami Beach SFR for $3.1M

Patricia Kennedy, a well-known real estate investor, has acquired a single-family home in Miami Beach for 3,125,000. The property, located at 4235 Prairie Ave, spans 2,591 sq ft and was sold at a price per square foot of 1,206. The deal was brokered by Mushka Jacobson of Douglas Elliman.

The property is situated in the heart of Miami Beach, a highly desirable location for both residents and investors. The area is known for its beautiful beaches, vibrant nightlife, and world-class dining and shopping options. The property itself is a charming single-family home with three bedrooms and three bathrooms. It features an open floor plan, high ceilings, and plenty of natural light.

The seller of the property has not been disclosed. However, it is known that the property was listed for sale by a local real estate agency. The final sale price of $3,125,000 represents a significant premium over the property’s previous sale price, indicating strong demand for high-quality properties in Miami Beach.

Patricia Kennedy, the buyer of the property, is a well-known real estate investor with a long track record of successful investments in the Miami area. She is known for her keen eye for value and her ability to identify properties with strong potential for appreciation. The acquisition of this property is likely to be seen as a vote of confidence in the Miami Beach real estate market, which has been performing strongly in recent years.

The deal was brokered by Mushka Jacobson of Douglas Elliman, a leading real estate brokerage firm with a strong presence in the Miami area. Jacobson is known for her expertise in the luxury real estate market and her ability to identify properties that meet the needs of high-net-worth clients. Her involvement in this deal is likely to have played a key role in bringing together the buyer and seller and ensuring a successful transaction.

Overall, the sale of this property is a positive sign for the Miami Beach real estate market. The strong demand for high-quality properties in the area is likely to continue, driven by the area’s strong fundamentals and its reputation as a world-class destination for residents and investors alike.