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

Top deal was for Surfside unit with ocean views

TRD MIAMI /
Aug.August 29, 2016 03:45 PM

August has been slow but steady for Miami-Dade County’s condo market, with sales volume in a holding pattern and luxury deals above $2 million few and far between. Last week was no different, with the county raking in a little more than $50 million in deals, the priciest of which remained below $3 million.

At the top of the list was unit 807 at Surfside’s Azure building, which sold for $2.5 million after spending 110 days on the market with Mary Cases of Cases Group Realty. The three-bedroom, three-bathroom residence boasts ocean views, a private elevator and marble floors. Its purchase price breaks down to $1,006 per square foot.

Next up was a three-bedroom, four-bathroom unit at the Turnberry Ocean Colony in Sunny Isles Beach. Victoria Pellegrino of Best Beach Properties had the unit on the market for only 30 days before closing at $2.45 million, or about $883 per square foot. The 11th-floor pad features floor-to-ceiling windows, crystal door knobs and beach views.

And the third-priciest deal belonged to Lana Bell of ONE Sotheby’s International Realty, who sold unit 2001 at the Trump Tower I in Sunny Isles Beach for $2.1 million after 117 days. The three-bedroom, three-bathroom condo faces the ocean and has a private elevator entrance, smart home technology and interior designs from Roger Zwickel. The purchase breaks down to $717 per square foot.

After those top three deals, the top 10 priciest Miami-Dade condo sales ranged from $1.6 million to $860,000.

The county had 143 condos sell last month for $50.3 million, marking a volume increase from the previous week of 8 units and about $3.5 million. Average prices were $351,766 per unit and $264 per square foot.

Here’s a breakdown of the data for the week of August 21 to August 27. Click on the map for more information:

Most expensive
Azure #807, Surfside | $2.5M | $1,006 psf | 110 days on market | Mary Cases of Cases Group Realty

Least expensive 
Champlain Towers East #12c, Surfside | $860,000 | $573 psf | 137 days on market | Carmen Fernandez of Keller Williams Legacy

Most days on market
Trump Tower I #2402, Sunny Isles Beach | 325 days on market | $1.325M | $682 psf | Bento Queiroz of Brown Harris Stevens Zilbert

Least days on market
Turnberry Ocean Colony #1101, Sunny Isles Beach | 30 days on market | $2.45M | $883 psf | Victoria Pellegrino of Best Beach Properties


Related Articles

arrow_forward_ios
Oceanside Fisher Island and a map of condo sales (Credit: Google Maps)

Weekly condo sales volume in Miami drops below $40M

Weekly condo sales volume in Miami drops below $40M
A map of condo sales and Setai in Miami Beach (Credit: Google Maps)

Weekly condo sales volume in Miami drops to $50M

Weekly condo sales volume in Miami drops to $50M
A map of Miami condo sales and Ocean Tower Two (Credit: Google Maps)

Miami condo sales decline going into October

Miami condo sales decline going into October
(Google Maps, Realtor)

Miami condo sales and dollar volume both rise at end of September

Miami condo sales and dollar volume both rise at end of September
Four Seasons Residences at the Surf Club in Surfside

Miami condo sales go up, but dollar volume falls

Miami condo sales go up, but dollar volume falls
Map of condo sales and the Surf Club Four Seasons (Credit: Google Maps)

Down again: Miami condo sales declined last week

Down again: Miami condo sales declined last week
From left: Henry Torres, Jorge Perez, Alicia Cervera Lamadrid, Gil Dezer and Joseph Kavana (iStock)

“Anything and everything is negotiable”: Incentives for condo buyers mount in Miami

“Anything and everything is negotiable”: Incentives for condo buyers mount in Miami
Map of condo sales and Grove at Grand Bay at 2675 South Bayshore Drive (Credit: Google Maps)

Miami condo sales rise in first week of September

Miami condo sales rise in first week of September
arrow_forward_ios

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

Loading...