The Real Deal Miami

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

Closing prices among top deals ranged from $1.55M to a combined $10M
By Katherine Kallergis | March 07, 2017 01:30PM

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:

CondosandProperty_Updated

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