The Real Deal Miami

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

Top deal was for Surfside unit with ocean views

August 29, 2016 03:45PM
By Sean Stewart-Muniz

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August has been slow but steady for Miami-Dade County’s condo market, with sales volume in a holding pattern and luxury deals above $2 million few and far between. Last week was no different, with the county raking in a little more than $50 million in deals, the priciest of which remained below $3 million.

At the top of the list was unit 807 at Surfside’s Azure building, which sold for $2.5 million after spending 110 days on the market with Mary Cases of Cases Group Realty. The three-bedroom, three-bathroom residence boasts ocean views, a private elevator and marble floors. Its purchase price breaks down to $1,006 per square foot.

Next up was a three-bedroom, four-bathroom unit at the Turnberry Ocean Colony in Sunny Isles Beach. Victoria Pellegrino of Best Beach Properties had the unit on the market for only 30 days before closing at $2.45 million, or about $883 per square foot. The 11th-floor pad features floor-to-ceiling windows, crystal door knobs and beach views.

And the third-priciest deal belonged to Lana Bell of ONE Sotheby’s International Realty, who sold unit 2001 at the Trump Tower I in Sunny Isles Beach for $2.1 million after 117 days. The three-bedroom, three-bathroom condo faces the ocean and has a private elevator entrance, smart home technology and interior designs from Roger Zwickel. The purchase breaks down to $717 per square foot.

After those top three deals, the top 10 priciest Miami-Dade condo sales ranged from $1.6 million to $860,000.

The county had 143 condos sell last month for $50.3 million, marking a volume increase from the previous week of 8 units and about $3.5 million. Average prices were $351,766 per unit and $264 per square foot.

Here’s a breakdown of the data for the week of August 21 to August 27. Click on the map for more information: CondosandProperty_Updated

Most expensive
Azure #807, Surfside | $2.5M | $1,006 psf | 110 days on market | Mary Cases of Cases Group Realty

Least expensive 
Champlain Towers East #12c, Surfside | $860,000 | $573 psf | 137 days on market | Carmen Fernandez of Keller Williams Legacy

Most days on market
Trump Tower I #2402, Sunny Isles Beach | 325 days on market | $1.325M | $682 psf | Bento Queiroz of Brown Harris Stevens Zilbert

Least days on market
Turnberry Ocean Colony #1101, Sunny Isles Beach | 30 days on market | $2.45M | $883 psf | Victoria Pellegrino of Best Beach Properties