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

Top deal was for oceanfront unit in Bal Harbour

TRD MIAMI /
Oct.October 18, 2016 10:30 AM

The second week of October made up for the Miami-Dade County condo market’s abysmal start to the month, posting solid gains in sales volume and a well-rounded list of top 10 condo deals that all broke the $1 million price barrier.

Leading the pack last week was an oceanfront condo at the Majestic Towers Bal Harbour, which traded for $5.1 million. Unit 1405-6 was on the market for 62 days with Coldwell Banker’s The Jills before closing. Its four bedrooms, five bathrooms, floor-to-ceiling windows, marble floors and wraparound balcony fetched $1,017 per square foot.

Following that deal was the $3.73 million sale of unit 1509 at the Trump Grande in Sunny Isles Beach. Giulietta Ulloa listed the unit for 206 days before it closed at $922 per square foot. The four-bedroom, three-bathroom condo features direct ocean views, a private elevator, plus plush finishes like Venetian plaster and motorized window shades.

And the week’s third-priciest trade was for unit 1101 at the Continuum South Tower in South Beach. The two-bedroom, two-and-a-half-bathroom condo sold for $2.85 million after spending 212 days on the market with Jonathan Corso of Coldwell Banker. Its purchase price breaks down to $1,791 per square foot. The unit boasts stainless steel appliances, views of Government Cut and 10-foot ceilings.

After those top three deals, the remainder of Miami-Dade’s 10 priciest condo sales ranged from $2 million to $1.16 million.

The county as a whole saw condo sales volume reach $52.69 million over 123 units, marking a big improvement over the previous week, which had only $25.8 million in sales from 65 units. Average prices were $428,368 per unit and $313 per square foot.

Here’s a breakdown of the data for the week of October 9 to October 15. Click on the map for more information: CondosandProperty_Updated

Most expensive
Majestic Towers #1405, Bal Harbour | 62 days on market | $5.1M | $1,017 psf | The Jills of Coldwell Banker

Least expensive 
Ocean Club Resort Villa 1 #PH-7, Key Biscayne | 131 days on market | $1.16M | $800 psf | Douglas Kinsley of Fortune International Realty

Most days on market
Turnberry Ocean Colony #401, Sunny Isles beach | 483 days on market | $1.9M | $579 psf | Lana Bell of One Sotheby’s International Realty

Least days on market
The Mark on Brickell #PH-210, Brickell | 38 days on market | $1.26M | $663 psf | Haissam Jaber of Compass


Related Articles

arrow_forward_ios
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

Regalia and one of its developers, Gilberto Bomeny (Credit: Getty Images)

Inside the saga that led Regalia’s developers to lose ownership of their most prized units

arrow_forward_ios