A newly built, 8,000-square-foot house in Pinecrest sold for $5.5 million, the highest-priced house sale in so far this year in Pinecrest. A family moving to South Florida from Central America paid $655 per square foot in cash for the house at 9701 Southwest 63 Court, which had been on the market for three months.

Tony Rodriguez-Tellaheche, co-founder and broker of Prestige Realty Group, represented the sellers, Giorgio and Adi Balli, who paid $1 million for the house 40,510-square-foot lot in 2014.

Source: The Real Deal Miami

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