Punchu Inc. sold a two-bedroom, two-bath home at 9 Island Ave., Unit 1403, in Miami Beach, to Jean Pierre Altier (Husband) and Michele Altier (Wife) for $825,000 on March 4.

The 1,440-square-foot home last sold for $580,000 in April 2008. It is located in the Nine Island Avenue Condominiums condo development.

According to BlockShopper, there have been 2,027 home sales in Miami Beach during the past 12 months with a median sale price of $285,000.

Address: 9 Island Avenue, Unit: 1403
Buyer(s): Jean Pierre Altier (Husband) and Michele Altier (Wife)
Seller(s): Punchu Inc
Sale date: Mar. 4, 2014