The Real Deal Miami

Today’s priciest new listing

January 25, 2013 05:15PM

501 Palm Drive

Today’s priciest new listing is a five-bedroom, five-bathroom, 3,119-square-foot, single-family home that is asking $5.5 million, according to Condo Vultures. The waterfront house, which is located at 501 Palm Drive in Hallandale Beach, sits on 42,430 square feet of land and features a 237-foot seawall on canal for a yacht. Phillip Yaffa of Engel & Voelkers has the listing. (Condo Vultures data includes condos and single-family listings in the main metropolitan areas of Miami, Fort Lauderdale and West Palm Beach, as well as Monroe County, that are newly listed. Listings are taken from the South Florida MLS.) —Christopher Cameron