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

Miami /
May.May 31, 2016 06:00 PM

Miami-Dade County’s condo market held mostly steady last week, with sales volume barely budging from the previous week and a well-rounded handful of multimillion-dollar closings rounding out the list of top 10 priciest condo sales.

Last week’s biggest deal was the $3 million sale of penthouse 2407 at the South Pointe Tower in South Beach. With two levels, three bedrooms and three bathrooms, the unit fetched nearly $1,345 per square foot after spending 144 days on the market with listing agent Michael Feuling of Miami Investment Property. The unit boasts 20-foot ceilings and a 600-square-foot terrace, though its listing description said the unit “is in original condition and in need of renovation.”

Following that closing was the $2.2 million sale of unit 1506 at the 7000 Williams Island building in Aventura. Luiz Correa of Decorus Realty had the massive six-bedroom, seven-bathroom on the market for 63 days before closing at $418 per square foot. The double-unit has balconies for every bedroom, modern appliances, marble floors and bay views.

And last week’s third-priciest sale was for unit 1002 at the Aqua complex in Miami Beach. Nancy Batchelor of Esslinger Wooten Maxwell closed the $1.62 million deal after it spent 114 days on the market. The two-bedroom, two-and-a-half-bathroom unit has views of the Intracoastal Waterway through floor-to-ceiling windows, modern appliances and 12-foot ceilings. Its price breaks down to $713 per square foot.

After those top three deals, the week’s remaining seven most-expensive sales ranged in price from $1.6 million to $906,000.

Miami-Dade saw 170 condo sales last week for a total of $57.380 million. Though 12 more condos were sold than the previous week, dollar volume was down by roughly $2.11 million. Average prices were $337,530 per unit and $258 per square foot.

Here’s a breakdown of the data for the week of May 22 to May 28. Click on the map for more information:

Most expensive
South Pointe Tower penthouse 2407, South Beach | $3.3M | $1,347 psf | 144 days on market | Michael Feuling of Miami Investment Property

Least expensive 
Normandy unit 187-6, Miami Beach | $906,000 | $415 psf | 223 days on market | Darryl Fox of One Sotheby’s International Realty

Most days on market
The Courts unit 10015, South Beach | 288 days on market | $1.205M | $576 psf | Mario Ojeda of Ojeda Lazar Real Estate

Least days on market
Belle Towers unit 6f, Bell Isle | 36 days on market | $1.295M | $1,193 psf | William Hahne of Hahne Real Estate


Related Articles

arrow_forward_ios
Palazzo Della Luna at 6800 Fisher Island Drive (Photo via Palazzo Della Luna)
Miami-Dade weekly condo sales, dollar volume up at year-end
Miami-Dade weekly condo sales, dollar volume up at year-end
(Google Maps, Fisher Island)
Miami-Dade condo sales, dollar volume fall during holiday week
Miami-Dade condo sales, dollar volume fall during holiday week
Map and Palazzo Della Luna, Miami Beach (Google Maps)
Condo sales, dollar volume rise last week in Miami-Dade
Condo sales, dollar volume rise last week in Miami-Dade
515 East Dilido Drive with Jonathan Cox (Douglas Elliman, Federated Cos.)
Federated Cos. developer buys waterfront Venetian Islands home
Federated Cos. developer buys waterfront Venetian Islands home
(Google Maps)
$35M closing at Faena House leads Miami’s weekly condo sales
$35M closing at Faena House leads Miami’s weekly condo sales
(Google Maps)
Condo sales rebound in Miami-Dade after Thanksgiving
Condo sales rebound in Miami-Dade after Thanksgiving
Pamela Applebaum and The Bristol
Daughter of drugstore mogul sells Bristol condo unit for $16M
Daughter of drugstore mogul sells Bristol condo unit for $16M
Don and Katrina Peebles with their Old Cutler Road home (Getty, The Jills Zeder Group/photography by 1 OAK Studios)
Developer Don Peebles relists Coral Gables estate for $15M
Developer Don Peebles relists Coral Gables estate for $15M
arrow_forward_ios

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

Loading...