While some Miami Realtors were looking under their Christmas trees for presents last week, others were going out and closing on theirs.
A handful of agents sealed multimillion-dollar condo deals last week, and two of the week’s most expensive condo sales even closed the day before Christmas.
Miami-Dade County’s priciest unit was a 27th-floor residence at the Bella Mare condo complex in Aventura. Its lavish style fetched $3.15 million after spending 117 days on the market — one of the fastest deals this week. Scott Patterson of Esslinger Wooten Maxwell had the listing, which sold for $746 per square foot.
The week’s second-most expensive sale was unit 605 at the Bath Club in Miami Beach. It was listed with Bryan Halda of Gray & Associates Properties more than a year-and-a-half ago for $3.05 million, and finally closed last week for $2.5 million. The sale breaks down to $656 per square foot. Some of the unit’s features include a formal dining room, modern appliances and imported hardwood floors.
Last but not least, the week’s third and last multimillion-dollar closing was for unit 1601 at the Trump Tower III in Sunny Isles Beach. Listed just under a year ago, Karen Matluck of ICS Realty sealed a $2.36 million deal for this unit, which has floor-to-ceiling windows and views of the ocean. The sale equates to $806 per square foot.
After those top three sales, the rest of Miami-Dade’s most expensive condo closings ranged between $1.86 million and $645,000.
Despite the rush to close out deals before year’s end, the county’s condo market slowed down considerably during last week’s holidays: only 88 condos were sold for a total of $32.263 million. Average prices were $366,633 per unit and $263 per square foot. Figures from the previous week were almost double that: 150 condos were sold for $54.183 million.
Bella Mare, Aventura | 117 days on market | $3.15M | $746 psf | Scott Patterson of Esslinger Wooten Maxwell
La Gorce Palace, Miami Beach | 231 days on market | $645,000 | $481 psf | Marilina Apfelbaum of Beachfront Realty
Most days on market
Bath Club, Miami Beach | 658 days on market | $2.5M | $656 psf | Bryan Halda of Gray & Associates Properties
Least days on market
Icon Brickell, Miami | 117 days on market | $830,000 | $630 psf | Jose Cueva of Fortune International Realty