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

Miami /
Mar.March 07, 2017 01:30 PM

Condo sales in Miami-Dade made big gains last week.

More units sold for a higher total sales volume in the county last week compared to the previous week, and all of the top 10 sales were above the $1 million luxury threshold.

The most expensive condo sale last week was for two units at the Continuum South tower in Miami Beach. New York hedge funder Jonathan Pollock of Elliott Management sold units 3407 and 3402 for a combined $10 million to the same seller, a corporation managed by Christopher Steven Smith of Las Vegas. Mark Zilbert, president of Brown Harris Stevens Zilbert, was the listing agent. The condos were sold furnished for an average of $2,105 per square foot. They were listed together for about three months.

The second priciest unit to sell in Miami-Dade was unit 5391 at Bayview Fisher Island. Coldwell Banker’s Jill Eber, of the Jills, represented the seller of the 6,470-square-foot condo. It traded hands for $8.1 million, or $1,252 per square foot, after 81 days on the market.

The county saw 203 condos sell last week for nearly $86 million. That marks a big bump in total sales volume from the previous week’s $46 million. Average prices were about $422,000 per unit and $280 per square foot.

Closing prices in the top nine deals ranged from $1.55 million to a combined $10 million.

Here’s a breakdown of the data for the week of Feb. 26 to March 4 Click on the map for more information:

Most expensive

Continuum South #3407 and #3402, Miami Beach | 91 days on market | $10M | $2,105 psf | Listing agent: Mark Zilbert of Brown Harris Stevens Zilbert

Least expensive 

Marea South Beach #304, Miami Beach | 538 days on market | $1.55M | $1,016 psf | Listing agent: Linette Guerra of La Playa Properties Group

Most days on market

Marea South Beach #304, Miami Beach | 538 days on market | $1.55M | $1,016 psf | Listing agent: Linette Guerra of La Playa Properties Group

Least days on market

The Gables Club #7C, Coral Gables | 34 days on market | $1.9M | $640 psf | Listing agent: Blanca Byrne of Keller Williams


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...