The Real Deal Miami

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

Top deal was for flow-through unit at Murano tower in South Beach

April 18, 2016 02:15PM
By Sean Stewart-Muniz

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Miami-Dade County’s condo market held steady last week, with sales figures barely budging past the $47.8 million closed the previous week. A handful of pricey deals fetched more than $2 million a piece.

The week’s most expensive sale was a spacious waterfront residence in the Murano Grande at Portofino complex in South Beach. Unit 2003, which has three bedrooms and three-and-a-half bathrooms, closed for $3.71 million after spending 277 days on the market with Carlos Sifuentes of the Real Estate Club. Measuring 3,058 square feet, its purchase price breaks down to about $1,023 per foot. Some of the flow-through unit’s features include marble and wood floors, modern appliances and views of both South Beach and Biscayne Bay.

Following that top deal was penthouse 05 at the Ocean Two tower in Sunny Isles Beach. After being listed for 113 days with Igor Korkhin of Sue Ward Homes, the three-bedroom, four-and-a-half-bathroom residence sold for $2.75 million, or about $859 per square foot. The duplex unit boasts ocean views, floor-to-ceiling windows, granite countertops, marble bathrooms and a Jacuzzi.

And the week’s third-priciest deal — also its last one above $2 million — was for unit No. PHII01 at the Onyx on the Bay complex in Edgewater. It closed for $2.2 million, or about $654 per square foot, after spending 105 days on the market with Alfred Wyttenbach of Xcellence Realty. With all-white interiors and bay views, the turnkey residence featured French furnishings provided by a designer at “considerable expense,” according to its listing.

After those top three deals, the week’s remaining seven priciest sales ranged from $1.63 million to $775,000.

Miami-Dade had 134 condo sales last week for a total of $49.552 million. That’s a small $1.76 million bump from the previous week, which saw 12 fewer sales. Average prices were $369,947 per unit and $287 per square foot.

Here’s a breakdown of the data for the week of April 10 to April 16. Click on the map for more information: CondosandProperty_Updated

Most expensive
Murano Grande at Portofino #2003, South Beach | $3.71M | $1,023 psf | 277 days on market | Carlos Sifuentes of The Real Estate Club

Least expensive 
Ocean Village #3035, Key Biscayne | $775,000 | $446 psf | 72 days on market | Cecile Sanchez of Fortune International Realty

Most days on market
Seaside Village #19227, Fisher Island | 530 days on market | $1.22M | $853 psf | Don Pingaro of Ocean Insiders

Least days on market
100 Hidden Bay Condo #3111, Aventura | 52 days on market | $880,000 | $323 psf | Guy Abbotoni of Abbotoni & Associates Real Estate