The Real Deal Miami

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

Top deal was for corner unit at Continuum South Tower

October 03, 2016 05:15PM
By Sean Stewart-Muniz

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Miami-Dade County’s condo market closed out September with a bang. Sales volume last week was the highest it’s been since late June, and every one of the county’s top 10 priciest deals broke the $1 million price barrier.

Leading the pack was Continuum South Tower’s unit 1004, a southwest corner unit with views of Government Cut and the ocean in South Beach. The two-bedroom, two-bathroom unit and its modern finishes fetched $5.05 million after spending exactly a year on the market with Sandra Gross of Gross International Realty. The sale breaks down to a whopping $2,203 per square foot.

Following that deal was the $2.7 million sale of unit 904 at the Ocean Club Tower II building in Key Biscayne, which was on the market for 230 days with Douglas Kinsley of Fortune International Realty before closing. The three-bedroom, four-and-a-half-bathroom condo has two terraces and views of both the ocean and Biscayne Bay. Its purchase price equates to $1,080 per square foot.

And the third-priciest sale belonged to Diego Arnaud of DA Luxury Realty, who sold unit 2103 at the Porto Vita North Tower in Aventura for $2.51 million, or $741 per square foot. The flow-through unit overlooks the ocean and has hardwood floors, four bedrooms, four bathrooms and one half-bath.

After those top three sales, the rest of Miami-Dade’s top 10 condo deals ranged between $2.33 million and $1.07 million.

Miami-Dade recorded 172 condo sales last week for $63 million. That’s a big jump over the previous week’s 131 sales for $56 million. Average prices were $366,299 per unit and $270 per square foot.

Here’s a breakdown of the data for the week of September 25 to October 1. Click on the map for more information: CondosandProperty_Updated

Most expensive
Continuum South Tower #1004, South Beach | $5.05M | $2,203 psf | 365 days on market | Sandra Gross of Gross International Realty

Least expensive 
Island House #1202, Key Biscayne | $1.07M | $810 psf | 224 days on market | Brigitte De Langeron of Fortune International Realty

Most days on market
Townhouses on Santander #9A, Coral Gables | 380 days on market | $1.38M | $359 psf | Nancy Iliffe of Shelton and Stewart Realtors

Least days on market
Bellini Williams Island #1801, Aventura | 12 days on market | $1.35M | $604 psf | Vivian Toppe of Esslinger Wooten Maxwell