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

Closing prices in the top 10 deals ranged from $750K to $7.5M

TRD MIAMI /
Jan.January 09, 2018 02:00 PM

The first week of 2018 was a painfully slow one for the Miami-Dade condominium market.

Only 55 units sold for a total of $34 million last week, down from the previous week’s $52 million sales volume for about 100 units. Condos last week sold for an average price of about $626,000, or nearly $350 per square foot.

The priciest deal was for unit 701 at the Apogee. The South Beach condo closed for $7.45 million, or nearly $1,800 per square foot. John Lennon of South Pointe Drive Realty represented the seller, and Cristiana Machado at Cervera Real Estate represented the buyer. The four-bedroom, 4,154-square-foot unit was on the market for more than 36 months before it sold.

The second most expensive condo sale was at the St. Regis in Bal Harbour. Unit 1802N, a 3,128-square-foot condo, traded hands for just under $5 million after spending 138 days on the market with Douglas Elliman’s Oren Alexander. Kinga Konsorska of Cervera represented the buyer.

Closing prices in the top 10 deals ranged from $750,000 to $7.5 million.

Here’s a breakdown of the top 10 deals from Dec. 31 to Jan. 6. Click on the map for more information:

Most expensive
Apogee #701, Miami Beach | 437 days on market | $7.45M | $1,800 psf | Listing agent: John Lennon | Buyer’s agent: Cristiana Machado

Least expensive
Costa Bravo #411, Miami Beach | 198 days on market | $750k | $391 psf | Listing agent: Shane Graber | Buyer’s agent: Samuel Soriero

Most days on market
Bal Harbour Tower #PH3H, Bal Harbour | 470 days on market | $3.4M | $683 psf | Listing agent: Agnieska Gray | Buyer’s agent: Chani Lipskar

Fewest days on market
One Tequesta Point #808, Miami | 45 days on market | $785k | $479 psf | Listing agent: James Michael Bryan | Buyer’s agent: Elsie Gattas


Related Articles

arrow_forward_ios
Map of priciest condo sales and Bal Harbour 101 Condo #1110

These were the 10 most expensive condo sales last week

Map of priciest condo sales and Palazzo Del Sol #7063

These were the 10 most expensive condo sales last week

Map of priciest condo sales and Glass #1500 (Credit: Google Maps and Redfin)

Faena House unit sells for a loss: these were the 10 most expensive condo sales last week

Map of priciest condo sales and unit 7643 at 7643 Fisher Island Drive

These were the 10 most expensive condo sales in Miami last week

Map of priciest condo sales and St. Regis Bal Harbour #2507 (Credit: Google Maps, Realtor)

More condos sold last week – but dollar volume was stagnant

Map of priciest condo sales and St. Regis Bal Harbour unit 1201 South (Credit: Google Maps and Zillow)

Miami condo sales volume bounces back following Hurricane Dorian

Map of priciest condo sales and Portofino Tower #LPH2 (Credit: Google Maps, Realtor)

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

Map of priciest condo sales and Bayview Fisher Island #4911 (Credit: Google Maps and Realtor)

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

arrow_forward_ios