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

Closing prices in the top 10 deals ranged from $972k to $3.24M

Miami /
Jun.June 06, 2017 09:45 AM

Condo sales in Miami-Dade County jumped last week by more than $30 million in volume.

A unit at Terra Group’s newly completed Grove at Grand Bay marked the most expensive condo sale when it closed for $3.24 million. Unit 1201-N hit the market in November for $3.65 million and just traded for about $730 per square foot. Blanca Rivero of Cervera Real Estate represented the developer.

The second priciest deal was the $3.2 million sale of Murano Grande unit 2206. It was listed with Bryan Sereny of Douglas Elliman for 239 days before it sold for $1,581 per square foot.

The county saw 212 condos sell last week for $78.9 million, a jump from the previous week’s $48.2 million. Average prices were about $372,000 per unit and $300 per square foot.

Closing prices in the top 10 deals ranged from $972,000 to $3.24 million.

Here’s a breakdown of the data for the week of May 28 to June 3. Click on the map for more information:

Most expensive

Grove at Grand Bay #1201-N, Miami | 194 days on market | $3.24M | $730 psf | Listing agent: Blanca Rivero of Cervera Real Estate

Least expensive 

One Thousand Venetian #302, Miami Beach | 268 days on market | $972k | $484 psf | Listing agent: Patrick Vysata of One Sotheby’s International Realty

Most days on market

One Thousand Venetian #302, Miami Beach | 268 days on market | $972k | $484 psf | Listing agent: Patrick Vysata of One Sotheby’s International Realty

Least days on market

La Gorce Palace #1601, Miami Beach | 76 days on market | $1.1M | $647 psf | Listing agent: Marilina Apfelbaum of Beachfront Realty


Related Articles

arrow_forward_ios
Derek Jeter and his Tampa mansion (Getty, Smith & Associates Real Estate/Luxury Portfolio International)
Jeter sells waterfront Tampa estate for record $23M
Jeter sells waterfront Tampa estate for record $23M
(iStock)
South Florida resi construction starts soar in March
South Florida resi construction starts soar in March
Maggie Cordish and Palazzo Della Luna (David x Prutting/Patrick McMullan/Getty)
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
Eden Multifamily heads Jay Massirman and Jay Jacobson with Cypress Equity Investments CEO Michael Sorochinsky (rendering courtesy of MSA Architects)
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
Eden Multifamily, Cypress Equity score $24M construction loan for Tamarac apartments
(iStock)
Home prices across globe hit records, prompting worries of bubble
Home prices across globe hit records, prompting worries of bubble
Steven and Beth Millner with One Thousand Ocean (Patrick McMullan/Getty, Google Maps)
Private equity honcho pays $5M for Boca Raton condo
Private equity honcho pays $5M for Boca Raton condo
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
From left: Jim Cohen, Nancy Corey, Nathan Zeder, Alicia Cervera Lamadrid, Phil Gutman and Mike Pappas (iStock)
South Florida’s pandemic-fueled residential market poised for bull run in 2021
South Florida’s pandemic-fueled residential market poised for bull run in 2021
arrow_forward_ios

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

Loading...