-A property at the edge of the Miami Design District — whose tenants include Michael Schwartz’s Cypress Room — has traded hands at triple its 2012 price, The Real Deal has learned.

-3620 Design District LLC — a partnership between Lyle Chariff, Mauricio Zapata and Shawn Chemtov — sold the 5,186-square-foot building, at 3620 Northeast Second Avenue for $5.5 million, or $1,061 per square foot, Chariff told TRD.