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

Miami /
Oct.October 31, 2016 04:30 PM

Miami-Dade County’s condo market picked up just in time for Halloween, with sales volume and average prices showing significant gains last week — largely thanks to a huge closing at the Continuum complex in South Beach.

Leading the pack was the $10.5 million sale of unit 1606/0 at the Continuum South Tower, which sold after spending 79 days on the market with Linette Guerra of La Playa Properties Group. The four-bedroom, 4.5-bathroom unit sits on the tower’s southeastern corner and boasts ocean views, modern style and stainless steel appliances. Its purchase price equates to $2,398 per square foot.

After that top deal, the next-most-expensive condo sale last week was unit 606 at the Grovenor House in Coconut Grove. The two-bedroom, 2.5-bathroom condo traded for $1.625 million, or about $925 per square foot. Its features include bay views, designer finishes and custom built-in closets. Jill Penman of One Sotheby’s International Realty had the listing, which took 116 days to close.

And the week’s third-priciest deal was the $1.5 million sale of unit 1905 at the Ocean Two building in Sunny Isles Beach. Olena Sartan of Decorus Realty marketed the three-bedroom, four-bathroom unit for 451 days before it closed at $614 per square foot. The condo includes Italian hardwood floors, onyx bathrooms and ocean views.

The rest of Miami-Dade’s top 10 priciest sales ranged from $1.325 million to $680,000.

A total of 122 condos traded last week for $46.26 million, marking a significant uptick in dollar volume compared to the previous week, which saw 116 units sell for $33.13 million. Average prices also saw big gains, increasing from $285,629 per unit to $379,205, and from $267 per square foot to $270 per square foot.

Here’s a breakdown of the data for the week of October 23 to October 29. Click on the map for more information:

Most expensive
Continuum South Tower #1606, South Beach | $10.5M | $2,398 psf | 79 days on market | Linette Guerra of La Playa Properties Group

Least expensive 
Ocean Two #1905, Sunny Isles Beach | $1.5M | $614 psf | 451 days on market | Olena Sartan of Decorus Realty

Most days on market
Kenilworth #302, Bal Harbour | 608 days on market | $1.375M | $550 psf | Inga Boutboul of One Sotheby’s International Realty

Least days on market
Ocean One #407, Sunny Isles Beach | 7 days on market | $1.06M | $479 psf | Nancy Goldfarb of Douglas Elliman


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...