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

Miami /
Feb.February 14, 2017 10:30 AM

Condo sales in Miami-Dade nearly held steady with a slight decline in sales volume, and the majority of units in the top 10 sold for over the $1 million mark.

The priciest unit to close last week was at Regalia in Sunny Isles Beach. The full-floor unit spans 7,600 square feet and spent 293 days on the market before it sold. One Sotheby’s International Realty’s Rose Marie Minio listed the condo, which sold for nearly $1,330 per square foot, or $10.1 million. The closing price is a reduction from its original $13.5 million ask, chopped to $10.95 million in November.

The second most expensive condo to sell last week was at Ocean Club in Key Biscayne. After 345 days on the market, unit 1508 traded for $7 million, or $1,344 per square foot. Brigitte Nachtigall of Great Properties International Realty, a Key Biscayne firm, was the listing agent.

The county saw 109 condos sell last week for $54.5 million. That marks a slight decrease in total sales volume from the previous week’s $57.3 million, but fewer condos sold. Average prices were about $500,000 per unit and $284 per square foot.

Closing prices in the top 10 ranged from $10.1 million to $665,000.

Here’s a breakdown of the data for the week of Feb. 5 to Feb. 11. Click on the map for more information:

Most expensive

Regalia #37, Sunny Isles Beach | 293 days on market | $10.1M | $1,329 psf | Rose Marie Minio of One Sotheby’s International Realty

Least expensive 

Carlisle on the Ocean #602, Surfisde | 158 days on market | $665k | $605 psf | Patricia Mendoza of Optimar International Realty

Most days on market

Ocean Club #1508, Key Biscayne | 345 days on market | $$7M | $1,344 psf | Brigitte Nachtigall of Great Properties International Realty

Least days on market

The Palace at Bal Harbour #11A, Bal Harbour | 34 days on market | $2M | $645 psf | Anderson Martins

Related Articles

arrow_forward_ios
(Google Maps)

Condo sales fell in Miami-Dade last week

Condo sales fell in Miami-Dade last week
South Florida’s residential markets bounced back in the third quarter

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County

South Florida’s residential sales rise in Q3, led by surge in Palm Beach County
Map of weekly condo sales and Solimar Condo (Credit: Google Maps)

Weekly condo sales dip in first week of November

Weekly condo sales dip in first week of November
3573 South Ocean Boulevard, Highland Beach (Google Maps)

Software telecom company founder sells waterfront Highland Beach mansion for $8M

Software telecom company founder sells waterfront Highland Beach mansion for $8M
Alex Sapir and Bella Sapir (Credit: Mark Von Holden/WireImage via Getty Images, and ADRIEL REBOH/Patrick McMullan via Getty Images)

Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside

Alex Sapir’s family closes on condos at Sapir’s Arte in Surfside
Weekly condo sales jump in Miami-Dade

Weekly condo sales jump in Miami-Dade

Weekly condo sales jump in Miami-Dade
Jeffrey Epstein and 358 El Brillo Way (Getty, Corcoran Group)

Jeffrey Epstein’s Palm Beach house under contract

Jeffrey Epstein’s Palm Beach house under contract
Icon unit tops list of most expensive condo sales in Miami-Dade (Google Maps; Icon Brickell)

Condo sales and dollar volume up from last week

Condo sales and dollar volume up from last week
arrow_forward_ios

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

Loading...