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The Real Deal Miami

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

Closing prices in the top 10 deals ranged from $575k to $6M
By Katherine Kallergis | August 15, 2017 11:15AM

Condo sales fell drastically last week in Miami-Dade County.

In Miami-Dade, 109 units sold last week for $38 million, a significant drop from the previous week’s $70 million. The average prices were about $348,000 per unit and nearly $260 per square foot.

The priciest closing was the $6 million sale of former Formula 1 driver Enrique Bernoldi’s three-bedroom, 2,508-square-foot unit at the Continuum. Eddy Martinez and Roland Ortiz of Worldwide Properties co-listed unit 1006 in the south tower. It was on the market for more than six months before it sold for nearly $2,400 per square foot.

The second most expensive deal was at Jade at Brickell Bay. Unit 4107 traded hands for $1.85 million, or $869 per square foot, after nearly six months on the market. It was listed with Lucas Lechuga of Miami Condo Investments.

Closing prices in the top 10 deals ranged from $575,000 to $6 million.

Here’s a breakdown of the data for the week of Aug. 6 to Aug. 12. Click on the map for more information:

CondosandProperty_Updated

Most expensive

Continuum South Beach #1006, Miami Beach | 195 days on market | $6M | $2,392 psf | Listing agent: Roland Ortiz and Eddy Martinez of Worldwide Properties

Least expensive 

Mystic Pointe #1805, Aventura | 126 days on market | $575k | $374 psf | Listing agent: Marianela Montenegro of EWM Realty International

Most days on market

Bella Mare #1803, Aventura | 568 days on market | $1.75M | $496 psf | Listing agent: Valeriy Krayter

Least days on market

The Floridian #1207, Miami Beach | 62 days on market | $830k | $570 psf | Listing agent: Peter Warner of Fortune International Realty