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

Top deal was for European businessman's $7.5M pied-à-terre in Miami Beach

TRD MIAMI /
Aug.August 15, 2016 05:15 PM

Miami-Dade County’s market continued its slow-but-steady pace during the second week of August, with a handful of multimillion dollar deals rounding out an otherwise average seven days.

At the top of the list was a unit at Beach House 8, Ugo Colombo and Valerio Morabito’s newly built boutique condo project in Mid-Beach. Unit 600, which spans a whole floor, traded for $7.5 million to a European businessman. Douglas Elliman’s Chris Leavitt, who represented the buyer, said he’s planning to use the four-bedroom, four-bathroom unit as a pied-à-terre. Measuring 3,783 square feet, the prices breaks down to $1,982 per square foot. Daniela Bonetti of ONE Sotheby’s International Realty represented the developer.

In second place was Penthouse 3105 at the Peninsula II building in Aventura, which sold for $2.8 million after spending 378 days on the market with Douglas Elliman’s Chad Carroll. The unit features six bedrooms, six bathrooms, an open floor plan and bay views through floor-to-ceiling windows. The deal breaks down to $506 per square foot.

And the third-priciest deal, coming in at $2.2 million, was for unit 202 at the One Bal Harbour tower in its namesake village. Mother and daughter duo Jill and Hillary Hertzberg from Coldwell Banker had the two-bedroom, two-bathroom unit on the market for 264 days before it closed at $1,150 per square foot. It boasts modern finishes, a chef’s kitchen and direct ocean views.

After those top three deals, last week’s top 10 priciest condo sales ranged from $2.1 million to $825,000.

Miami-Dade saw 119 condos sell for a total of $50.27 million. That’s a considerable jump in transaction volume from the previous week’s $40 million haul, though it’s still relatively low compared to several blowout weeks in previous months that saw sales reach as high as $90 million. Average sales were $422,519 per unit and $287 per square foot.

Here’s a breakdown of the data for the week of August 7 to August 13. Click on the map for more information:

Most expensive
Beach House 8 #600, Miami Beach | $7.5M | $1,982 per square foot | Daniela Bonetti of ONE Sotheby’s International Realty

Least expensive 
South Pointe Tower #309, South Beach | $825,000 | $868 psf | 68 days on market | Michael Feuling of Miami Investment Property

Most days on market
Atlantic One at the Point #1004, Aventura | 481 days on market | $1.275M | $401 psf | Mariana Solano of RSVP Homes Realty

Least days on market
Ocean Place #8i, South Beach | 62 days on market | $1.4M | $1,292 psf | David Pulley of Douglas Elliman


Related Articles

arrow_forward_ios
Map of priciest condo sales and 19333 Collins Ave (Credit: Google Maps)

Miami condo sales volume in free fall last week of May

Miami condo sales volume in free fall last week of May
Todd Leebow and Glass in South Beach (Credit: AMM, Seaside Properties Group)

Ohio steel family sells South Beach condo for 48% off ask

Ohio steel family sells South Beach condo for 48% off ask
Mark Zilbert

Let’s make a deal? Some resi sellers in Miami-Dade slash asking prices

Let’s make a deal? Some resi sellers in Miami-Dade slash asking prices
Map of priciest condo sales and Icon South Beach (Credit: Google Maps and Gzzz via Wikipedia)

Miami condo sales volume nosedives in mid-May

Miami condo sales volume nosedives in mid-May
Map of priciest condo sales and Surf Club Four Seasons (Credit: Google Maps)

Condo sales volume plunges in Miami-Dade County

Condo sales volume plunges in Miami-Dade County
A photo illustration of 620 Arvida Parkway (Credit: Compass, iStock)

Staying on the sunny side: South Florida resi brokers see upside in coronavirus

Staying on the sunny side: South Florida resi brokers see upside in coronavirus
Map of priciest condo sales and Murano at Portofino (Credit: Google Maps)

Weekly condo sales fall by 45% in Miami-Dade County

Weekly condo sales fall by 45% in Miami-Dade County
Map of priciest condo sales and Palazzo Del Sol (Credit: Google Maps and Douglas Elliman)

$12M Fisher Island closing tops weekly condo sales in Miami-Dade

$12M Fisher Island closing tops weekly condo sales in Miami-Dade
arrow_forward_ios

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

Loading...