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

Closing prices in the top 10 deals ranged from $700k to $7.5M

Miami /
Oct.October 10, 2017 10:30 AM

Miami-Dade County’s condo market took a dip last week.

During the first week of October, 111 units sold for about $44 million, a drop from the previous week’s $83 million. Condos sold for an average price of about $400,000 and $264 per square foot.

Closing prices in the top 10 deals ranged from $700,000 to $7.5 million.

The most expensive unit to close was at Ocean House in Miami Beach. Unit 503 traded hands after about nine months on the market for nearly $2,200 per square foot. EWM Realty International’s Nancy Batchelor was the listing agent for the four-bedroom, 3,463-square-foot condo.

Farther north in Surfside, a unit at Solimar sold for $2.55 million, marking the second priciest condo sale of the week. After 16 months on the market, unit N10B closed for just under $1,000 per square foot. It was listed with Corinne Dodd of Cervera Real Estate.

Here’s a breakdown of the data from Oct. 1 to Oct. 7. Click on the map for more information:

Most expensive
Ocean House #U-0503, Miami Beach | 272 days on market | $7.5M | $2,166 psf | Listing agent: Nancy Batchelor of EWM Realty International

Least expensive
900 Biscayne #TH903, Miami | 424 days on market | $700k | $352 psf | Listing agent: Cyril Bijaoui of Westside Estate Agency

Most days on market
Yacht Club at Portofino #2210, Miami Beach | 632 days on market | $810k | $743 psf | Listing agent: Sildy Cervera of Cervera Real Estate

Least days on market
Carbonell #3305, Miami | 113 days on market | $825k | $1,505 psf | Listing agent: Juan Velasquez


Related Articles

arrow_forward_ios
The partially collapsed 12-story Champlain Towers South condo building (Getty)
Inside the tug-of-war over the Surfside condo site’s future
Inside the tug-of-war over the Surfside condo site’s future
 Adam Neumann (Getty, Bal Harbour Florida)
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Ex-WeWork CEO Adam Neumann inks $44M deal for Bal Harbour properties
Alex Sapir and Giovanni Fasciano with Arte by Antonio Citterio in Surfside (Photos via Arte by Antonio Citterio/PR Newswire)
Miami penthouse sets cryptocurrency sale record: $22.5M
Miami penthouse sets cryptocurrency sale record: $22.5M
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
arrow_forward_ios

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

Loading...