The buyer has 90 days to close the deal, according to court filings. The new owners are David and Russell Galbut of Miami and Richard Kresch, a New York City manager of psychiatric facilities. The sale price equates to $16,216 per bed.

That price compares to the $91,623 per bed figure in the pending $35-million sale of the 382-bed Parkway Regional Medical Center in North Miami Beach. Miami-Dade county commissioners approved that sale Nov. 28. Miami-based Jackson Memorial Hospital is buying the asset from Dallas-based Tenet Healthcare Corp. and plans to rename the facility Jackson North Medical Center. The deal is expected to close by year's end.

According to county real estate records, Russell Galbut is a principal in Crescent Heights, a condominium conversion group that bought the hospital's 2.2 acres and its two buildings for $34 million in 2004. At that time, the former nonprofit operator of the hospital, South Shore Hospital, had $30 million of debt, according to county real estate records. If the deal closes, the new buyers would rent the facility from Crescent Heights.