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 2675 South Bayshore Drive, unit 602-S

These were Miami’s most expensive condo sales last week

Map of priciest condo sales and Oceanside unit 7671

Fisher Island sale trumps all Miami condo sales last week

Map of priciest condo sales and 100 South Pointe Drive, unit 1501 (Credit: Google Maps and Redfin)

Miami condo sales tank in early February

Map of priciest condo sales and Surf Club Four Seasons unit 417N (Credit: Google Maps and Realtor)

Miami condo sales jumped ahead of Super Bowl LIV

Map of priciest condo sales and Residences at Vizcaya unit 202 (Credit: Google Maps and Realtor)

Sale at Residences at Vizcaya tops weekly condo sales in Miami

Map of priciest condo sales and Oceana Bal Harbour unit 1701

Oceana Bal Harbour resale tops condo sales in Miami last week

Map of priciest condo sales and Surf Club Four Seasons unit N-821 (Credit: Google and Refin)

$13M resale at Surf Club Four Seasons tops Miami’s weekly condo sales

Map of priciest condo sales and Palazzo Del Sol unit 7074 (Credit: Google Maps)

$10M closing on Fisher Island tops week’s condo sales

arrow_forward_ios
Loading...