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

Top deal was for two-level penthouse in South Beach

TRD 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
Map of priciest condo sales and Palazzo Del Sol #7063

These were the 10 most expensive condo sales last week

Map of priciest condo sales and Glass #1500 (Credit: Google Maps and Redfin)

Faena House unit sells for a loss: these were the 10 most expensive condo sales last week

Map of priciest condo sales and unit 7643 at 7643 Fisher Island Drive

These were the 10 most expensive condo sales in Miami last week

Map of priciest condo sales and St. Regis Bal Harbour #2507 (Credit: Google Maps, Realtor)

More condos sold last week – but dollar volume was stagnant

Map of priciest condo sales and St. Regis Bal Harbour unit 1201 South (Credit: Google Maps and Zillow)

Miami condo sales volume bounces back following Hurricane Dorian

Map of priciest condo sales and Portofino Tower #LPH2 (Credit: Google Maps, Realtor)

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

Map of priciest condo sales and Bayview Fisher Island #4911 (Credit: Google Maps and Realtor)

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

Map of priciest condo sales and Murano at Portofino unit 2801 (Credit: Google Maps and Redfin)

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

arrow_forward_ios