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

Miami /
Sep.September 28, 2015 05:15 PM

For the first time in several weeks, all of Miami-Dade County’s most expensive condo sales were above $1 million. That boost in luxury sales coincides with an uptick in transactions across the board, according to data from condo.com

The week’s priciest sale was unit 5409 at the Trump Royale in Sunny Isles Beach. After 108 days on the market, the penthouse with ocean views was sold for $3.715 million. George Baronov of Exclusively Baranoff Realty was the listing agent for this sale, which broke down to roughly $918 per square foot.

After Baranoff’s listing, sales ranged between $1.6 and $1.084 million. Notable closings include 1501 at South Pointe Tower in Miami Beach, which sold for $1.6 million — or more than $1,373 per square foot. Michael Feuling of Miami Investment Property was the listing agent.

Two units at Edgewater’s Paramount Bay condo complex were sold within a day of each other. Unit 2203 and 2403 were sold for $1.2 million and $1.1 million, respectively. William Harbour of Fortune International Realty and Andres Korda of Avanti Way were the agents for those listings.

Across the county, a total of 158 condos were sold last week for $53.739 million. That’s an $11.46 million growth in sales volume from the previous week. The county’s multifamily market has been recovering from a large dip in sales at the beginning of the month.

Here’s a breakdown of the data for the week of September 20 to September 26. Click on the map for more information:

Most expensive
Trump Royale, Sunny Isles Beach | $3.715M | $918 psf | 108 days on market | George Baronov of Exclusively Baranoff Realty

Least expensive 
Mei Condo, Miami Beach | $1.084M | $1,000 psf | 17 days on market | Carlos Marco of Elite Sales Group

Most days on market
Paramount Bay, Miami | 277 days on market | $1.1M | $644 psf | Andres Korda of Avanti Way

Least days on market
Mei Condo, Miami Beach | 17 days on market | $1.084M | $1,000 psf | Carlos Marco of Elite Sales Group


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