A handful of Realtors in Miami-Dade County had more to celebrate than Independence day last week, with three multimillion dollar sales closing in the days leading up to the 4th of July, according to data from condo.com.
The week was led by a $4.2 million closing in The Setai on Miami Beach. Though it’s by no means the most expensive sale in the building, it traded for an eye-popping $3,191 per square foot. Lourdes Gutierrez of Esslinger Wooten Maxwell had the listing, which was on the market for 335 days before closing.
Following in price was the $2.8 million sale of a condo in Sunny Isles Beach. Unit 4008 of the Jade Beach condo tower had spent 306 days on the market before listing agent Alex Miranda of Zilbert International Realty sealed the deal. The unit’s price breaks down to $1,169 per square foot.
And close behind Miranda’s sale was the $2.4 million unit in the Acqualina complex, also on Sunny Isles Beach. That residence was listed by Yara Gouveia of Elite International Realty for 141 days before closing. Its price equates to $1,179 per square foot.
Though the top transactions were all in Sunny Isles Beach and Miami Beach, which is common, half of the week’s most expensive units were sold in Aventura. Their prices ranged between $1.625 million and $1.26 million. The quickest sale was a unit in the Peninsula tower, which hopped on and off the market in just over a month.
Across the county, condo sales enjoyed a strong beginning for the month of July. A total of 176 units sold for $62 million, up from $50 million during the previous week. The average price was $374,621 per unit and $268.21 per square foot.
The Setai, Miami Beach | $4.2M | $3,191 psf | 335 days on market | Lourdes Gutierrez of Esslinger Wooten Maxwell
Peninsula, Aventura | $1.26M | $410 psf | 40 days on market | Adriana Hochberg of Turnberry International Realty
Most days on market
The Setai, Miami Beach | 335 days on market | $4.2M | $3,191 psf | Lourdes Gutierrez of Esslinger Wooten Maxwell
Least days on market
Peninsula, Aventura | 40 days on market | $1.26M | $410 psf | Adriana Hochberg of Turnberry International Realty