The Real Deal Miami

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

Top deal was for waterfront unit at the W South Beach

May 10, 2016 10:30AM
By Sean Stewart-Muniz

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Following a blowout week at the end of April, sales volume for Miami-Dade County’s condo market dipped considerably at the beginning of May. The list of top 10 priciest condo deals, however, was still fleshed out with mostly $1 million-and-up deals.

Leading the pack last week was the $2.4 million sale of unit 1411 at the W South Beach. With two bedrooms, 1,287 square feet and ocean views, this unit fetched $1,864 per square foot after spending 149 days on the market with Angelica Garcia of One Sotheby’s International Realty.

Following that sale was unit 119 in the Townhomes at Sunset Harbour complex, which traded for $2.2 million. The three-bedroom, three-bathroom unit measures 2,420 square feet and boasts all-white interiors, modern finishes and canal views. Daniel Bortunk of Wide Bar Luxury II closed the deal for $907 per square foot.

And last week’s third-priciest deal was for unit 7AS at the Mar Azul in Key Biscayne. After spending 190 days on the market with Magdalena Cabrera of Fortune International Realty, the unit sold for $1.78 million, or about $867 per square foot. It measures 2,052 square feet and has three bedrooms, three bathrooms and direct ocean views through floor-to-ceiling windows.

Miami-Dade saw a total of 131 condo sales last week for $46.9 million. Those figures dipped considerably from the 156 sales and $83.76 million volume reached the previous week. Average prices were $358,073 per unit and $284 per square foot.

Here’s a breakdown of the data for the week of May 1 to May 7. Click on the map for more information: CondosandProperty_Updated

Most expensive
The W South Beach #1411, South Beach | $2.9M | $1,864 psf | 149 days on market | Angelica Garcia of One Sotheby’s International Realty

Least expensive 
Port by Water Condo #3b, Coconut Grove | $980,000 | $552 psf | 103 days on market | Andrew Rodriguez of Sea Grove Realty

Most days on market
Atlantic 1 #1103, Aventura | 671 days on market | $1.25M | $393 psf | Jonathan Lief of Aventura Real Estate

Least days on market
Brickell East #2101, Brickell | 31 days on market | $1.45M | $442 psf | Brunno Assis of Fortune International Realty