Miami-Dade County’s condo market continued its sluggish pace last week with one exception: a big sale at the newly opened Mansions at Acqualina condo tower in Sunny Isles Beach.
Unit 3601 at Mansions, a 5,418-square-foot condo on the 36th floor, was sold for a whopping $8.35 million. Michael Goldstein, president of sales at the development, was listed as the broker. The deal equates to $1,811 per square foot. MLS data shows that the unit was on the market for 589 days, but it’s unclear if a buyer had reserved the unit when Mansions first launched sales in 2012.
Besides that sale, only two condos units traded for above $1 million last week. Unit 3006 at Three Tequesta Point in Brickell Key was sold for $1.5 million, and unit 3103 at La Gorce Palace in Miami Beach closed at $1.314 million.
The county as a whole saw 135 condos sell for a total of $42.275 million. That’s a slight uptick in sales activity from the previous week, which saw 105 units sell for $41.35 million. Prices averaged $313,149 per unit and $231 per square foot.
The Mansions at Acqualina, Sunny Isles Beach | $8.35M | $1,811 psf | 589 days on market | Michael Goldstein, president of sales at Acqualina
Onyx on the Bay, Miami | $560,000 | $371 psf | 83 days on market | Sine Mate of Coldwell Banker
Most days on market
Absolut Lofts, Miami Beach | 225 days on market | $730,000 | $496 psf | Jill Davis of Keller Williams Realty
Least days on market
Grove Matilda, Coconut Grove | 60 days on market | $645,000 | $302 psf | Marcelo Di Cugno of Great Properties International