Despite the rush to close out deals before year’s end, only one condo was sold for more than $1 million last week in Miami-Dade County. But, it sold for a whole lot more than $1 million.
The county’s biggest condo sale last week was a 25th-floor unit at the newly built Mansions at Acqualina in Sunny Isles Beach. Unit 2502 traded for $7.25 million, or $1,573 per square foot, after spending 104 days on the market. Acqualina’s head of sales Michael Goldstein had the listing. Some of the three-bedroom unit’s features include ultra-modern style, with furnishings and a summer kitchen.
After that whopper, closing prices for the week’s remaining most-expensive sales dropped dramatically. Second place goes to a unit that closed for just shy of $1 million at the Yacht Club in South Beach. Unit 1702 practically flew off the market, closing after only 24 days under Darin Tansey of Douglas Elliman. It boasts ocean views, modern style and updated kitchen appliances.
And the county’s third-priciest trade last week was unit 1201 at the Atlantic III building in Aventura. Natalie Gaylis of Coldwell Banker had that listing for 193 days before it closed at $877,850, or $359 per square foot. Arguably its most impressive feature is a pair of huge bronze double-doors that separate the unit from its private elevator. Other features include marble floors, motorized blinds and water views.
The remaining seven condos among Miami-Dade’s most expensive sales last week ranged in price between $860,000 and $570,000. A total of 99 condos were sold last week for $31.02 million, which means the market held mostly steady compared to the previous week. Average prices were $313,334 per unit and $179 per square foot.
The Mansions at Acqualina, Sunny Isles Beach | $7.25M | $1,573 psf | 104 days on market | Michael Goldstein of Acqualina Realty
Two Midtown, Miami | $570,000 | $363 psf | 206 days on market | Pablo Guerra of Keller Williams
Most days on market
Jade Brickell, Miami | $860,000 | $562 psf | 551 days on market | Diego Arnaud of DA Luxury Realty
Least days on market
Yacht Club, South Beach | 24 days on market | $995,000 | $880 psf | Darin Tansey of Douglas Elliman