This year’s first multimillion-dollar sale of Miami Beach real estate has been logged.

Retired tennis player Anna Kournikova has sold her Sunset Island III home in Miami Beach. The 6,630 SF Mediterranean estate was built in 2000 and has seven bedrooms and eight bathrooms.

Originally listed in May 2011 for $9.4M, it closed on January 26th for $7.425M or $1,120 PSF, which is a 21% reduction in price. Ouch. Her luxury property at 2345 Lake Avenue was on the market for 231 days; the average number of days on the market for a Sunset Island home in 2011 was 116.

In 2011, there were eight sales on the Sunset Islands for an average of $870 PSF and a median PPSF of $833.

Don’t worry, fans.  Anna hasn’t left Miami Beach.  She’s leasing at Apogee South Beach.

View Photos of Anna Kournikova’s luxury home on Sunset Island III in Miami Beach


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