Last week’s priciest condo sales in Miami Dade County were the most expensive so far in August, according to data from condo.com
The week was led with a $7.4 million sale for unit 2401 in the Continuum North Tower on South Beach. The condo is a corner unit with ocean views, marble floors and modern finishes. It was listed by Corrado Colini of Douglas Elliman and spent more than a year on the market before trading at a whopping $2,576 per square foot.
Next on the list was a $3.505 million condo at Miami’s Grovenor House, listed by Helen Nicastri of Coldwell Banker. Unit 2301, with its bay views and 10-foot ceilings, was on the market for roughly two months before selling for $870 per square foot.
After those two multimillion-dollar units, closing prices for last week’s top 10 fell to $1 million and below. The week’s fastest sale was unit 1603 at Carbonell on Brickell Key, which closed in 43 days. Alejandra Cossio of Berkshire Hathaway sealed the deal for $860,000, or $551 per square foot.
The week’s least expensive unit was No. 11P at Balmoral in Bal Harbour. It sold for $800,000, or $473 per square foot, after being listed for 109 days with Boris Vertsberger of The Realty Group of Miami.
Overall, the county had 135 condo sales last week for a total of $48.9 million. That’s an $8 million growth in sales from the previous week, which saw 133 condos sold for $40.69 million. Average prices for the week were $362,065 per unit and $263 per square foot.
Continuum North Tower, Miami Beach | $7.4M | $2,576 psf | 415 days on market | Corrado Colini of Douglas Elliman
Balmoral Condo, Bal Harbour| $800,000 | $473 psf | 109 days on market | Boris Vertsberger of The Realty Group of Miami
Most days on market
Continuum North Tower, Miami Beach | 415 days on market | $7.4M | $2,576 psf | Corrado Colini of Douglas Elliman
Least days on market
Carbonell, Miami | 48 days on market | $860,000 | $551 psf | Alejandra Cossio of Berkshire Hathaway