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

Miami /
Jan.January 11, 2016 05:15 PM

We’re already two weeks into the new year, but Miami-Dade County’s condo market continues to hang in a holiday slump. Only one closing last week pushed into the multimillion dollar range, with five more breaking $1 million.

The week’s most expensive sale was also its slowest: Unit 2901 at Aventura’s Porto Vita complex traded for $3.575 million after spending 221 days on the market. That’s about $695 per square foot. Some of its features include 12-foot ceilings, a private elevator foyer, all-white modern style and ocean views. Karen Matluck of ICS Realty had the listing.

On the same day that sale closed, Rene Bushel Gioia of Scott Hess Associates was sealing a $1.95 million deal for a listing at the South Pointe Towers in ritzy South Beach. Gioia had unit 2303 on the market for 66 days before it closed at a sizable $1,543 per square foot. The corner residence boasts marble floors, a large terrace, plus 180-degree views of the ocean and Fisher Island.

And Miami-Dade’s third-most expensive sale last week was for a unit in the Aqua at Allison Island complex in Miami Beach. Unit 6110 spent 157 days on the market under Egor Tatarenko of Miami Sun Realty before it closed at $1.85 million, or about $363 per square foot.

Out of the county’s 10 priciest condo sales last week, the remaining seven ranged between $1.6 million and $620,000.

Miami-Dade saw 81 condo sales last week for a total of $29.1 million. The market has mostly held steady at that sales volume for the last three weeks, which saw a severe slump in activity due to the holiday season. The previous week had 99 sales for $31.2 million.

Here’s a breakdown of the data for the week of January 3 to January 9. Click on the map for more information:

Most expensive
Porto Vita, Aventura | $3.575M | $695 psf | 221 days on market | Karen Matluck of ICS Realty

Least expensive 
Turnberry Isle, Aventura | $620,000 | $328 psf | 133 days on market | Gloria Etzion of SMK Realty & Investments

Most days on market
Porto Vita, Aventura | 221 days on market | $3.575M | $695 psf | Karen Matluck of ICS Realty

Least days on market
Tiffany, Bal Harbour | 38 days on market | $929,900 | $434 psf | Mark Matchett of MDZ Realty


Related Articles

arrow_forward_ios
2201 Collins Avenue (Google Maps)
Zaha Hadid’s former W South Beach condo sells — again
Zaha Hadid’s former W South Beach condo sells — again
Montford Group' Sunju Patel and Opterra Capital Glenn Alba with 2940 Collins Avenue (Montford Group, Getty)
Montford, Opterra JV buys Hilton Garden Inn Miami Beach for $28M
Montford, Opterra JV buys Hilton Garden Inn Miami Beach for $28M
Randy Walker with 60 Edgewater Drive (ExCo Group, Brown Harris Stevens)
Gables Club developer Marc Kovens sells his penthouse
Gables Club developer Marc Kovens sells his penthouse
Gables Club Tower II at 60 Edgewater Drive in Coral Gables (Condo.com, Getty)
Coral Gables closing tops Miami-Dade’s weekly condo sales
Coral Gables closing tops Miami-Dade’s weekly condo sales
Deerwood Town Center at 12085-2107 Southwest 152nd Street in Miami-Dade County, One Biscayne Tower at 2 South Biscayne Boulevard in Miami and 2990 Ponce office building in Coral Gables with Gildenson Real Estate's Eduardo Gildenson and CP Group’s Angelo Bianco (Google Maps, Gildenson Real Estate, CP Group)
Lease roundup: Quest takes space at One Biscayne Tower & more
Lease roundup: Quest takes space at One Biscayne Tower & more
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park condo project (Codina Partners, Getty)
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
Judge orders Codina Partners’ affiliate to pay Grycon $8M in damages
1600 Northeast Second Avenue (Loopnet, Getty)
Sabet buys development site in Miami’s A&E District
Sabet buys development site in Miami’s A&E District
Truist Securities' John Gregg with 7600 Northwest 82nd Place (Truist Securities, JLL)
Hot deal for cold storage: Truist buys, leases back Quirch Foods’ Medley site
Hot deal for cold storage: Truist buys, leases back Quirch Foods’ Medley site
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...