The Real Deal Miami

The week in luxury: A map of Miami-Dade’s priciest condo sales

An interactive look at where the biggest deals were struck

December 07, 2015 02:15PM
By Sean Stewart-Muniz

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After sleeping off their Thanksgiving dinners last week, Miami-Dade County’s residential brokers were back in action: condo sales nearly doubled from the week of Thanksgiving and have already beaten November’s best week.

Out of the county’s 10 most-expensive condo sales last week, the top spot belongs to a unit on the 51st floor of the Marquis in downtown Miami. The four-bedroom, four-bathroom residence stretches two stories and has floor-to-ceiling glass windows. Its all-white decor is offset by dark wood stairs and beach-style furnishings. Unit 5106 sold for $2.9 million, or $763 per square foot, after hitting the market a little more than a year ago. Judith Werner of Bold Miami had the listing.

Following that closing was the $1.6 million sale of unit 2405 at Pinnacle in Sunny Isles Beach. The residence features ocean views, marble floors, three bedrooms and three bathrooms. It sold for $741 per square foot after 64 days under Hector Stracuzzi of Beachfront Realty.

And the week’s third priciest condo sale was a unit at the Caribbean in Miami Beach with a wraparound terrace. Unit S-604 fetched $1.55 million, or $1,090 per square foot, after sitting on the market for 195 days. Its features include modern appliances and a wine cooler, floor-to-ceiling windows throughout and direct ocean access from the building’s ground floor.

After those three sales, the remaining seven most-expensive condo transactions ranged between $1.5 million and $1.279 million — the first time in several weeks that the list stayed above $1 million.

Miami-Dade County had a whopping 221 condo sales last week for a total of $73.084 million. Comparatively, the holiday week saw a sparse $26.1 million, spread over only 85 sales. Average prices last week were $330,968 per unit and $270 per square foot.

Here’s a breakdown of the data for the week of Nov. 29 to Dec. 5. Click on the map for more information: CondosandProperty_Updated

Most expensive
Marquis, downtown Miami | $2.9M | $763 psf | 411 days on market | Judith Werner of Bold Miami

Least expensive 
Towers of Key Biscayne, Key Biscayne | $1.279M | $717 psf | 65 days on market | Maureen Jauregui of Fortune International Realty

Most days on market
Gardens of Key Biscayne, Key Biscayne | 656 days on market | $1.47M | $601 psf | Paola Padovan of Padovan Realty Corp.

Least days on market
ICON South Beach, Miami Beach | 61 days on market | $1.35M | $985 psf | Giorgio Vecchi of Zilbert International Realty