The Real Deal Miami

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

Closing prices ranged from $5.65M to $605,000
By Katherine Kallergis | January 16, 2017 03:50PM

Miami-Dade County’s condo market is seeing slow but steady gains since the beginning of 2017. Sales volume was up from the previous week by about $5 million and half of the top 10 units sold for more than $1 million.

The priciest unit to close last week was at the Continuum South building in Miami Beach. Unit 3104 sold for $5.56 million. At 2,173 square feet, the closing price breaks down to $2,600 per square foot. The condo, with oak wood floors, “floating walls” and eight-foot frameless Italian doors, was on the market for 26 days before finding a buyer. Eloy Carmenate of Douglas Elliman was the listing agent. It hit the market in December for $6.8 million.

The second most expensive unit to sell last week was unit #2806 at Murano Grande, also in Miami Beach. The 2,183-square-foot condo sold for $1,351 square feet after 333 days on the market. David Pobiak of Beachfront Realty was the listing agent.

And following that was the $1.85 million sale of a 1,980-square-foot condo at the Blue Diamond on Collins Avenue. Unit 2101 at 4779 Collins Avenue sold for $934 per square foot. Juliana Pereira of Douglas Elliman represented the seller.

Closing prices ranged from $5.65 million to the $605,000 sale of a unit at Millecento.

The county saw 75 condos sell last week for $30.8 million. That marks an increase from the previous week’s $25.2 million. Average prices were nearly $411,000 per unit and $322 per square foot.

Here’s a breakdown of the data for the week of Jan. 8 to Jan. 14. Click on the map for more information: CondosandProperty_Updated

Most expensive

Continuum #3104, Miami Beach | 26 days on market | $5.65 million | $2,600 psf | Eloy Carmenate of Douglas Elliman

Least expensive 

Millecento #3511, Miami | 82 days on market | $605,000 | $414 psf | Cassio Galiza of Elite International Realty

Most days on market

Harbour House, #509 | 343 days on market | $1.425 million | $1,055 psf | Barbara Frampton of M. Kotler Realty

Least days on market

Continuum #3104, Miami Beach | 26 days on market | $5.65 million | $2,600 psf | Eloy Carmenate of Douglas Elliman