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

Closing prices in the top 10 deals ranged from $550k to $7M

Miami /
Mar.March 13, 2018 11:30 AM

As quickly as condo sales rose, they fell. Miami-Dade recorded a big drop in condo sales volume last week.

Only 106 units sold for a total of $37 million, a dramatic decline from the previous week’s $146 million sales volume for 193 units. Condos last week sold for an average price of about $350,000 or $275 per square foot.

The most expensive sale was at Apogee in Miami Beach. Unit 1203 traded hands for $7 million after about three months on the market. The three-bedroom, 3,100-square-foot condo was listed with Nelson Gonzalez. Eloy Carmenate brought the buyer.

The second priciest condo closing was farther north in Aventura. Hidden Bay unit 2508 sold for $1.05 million. It was listed with Shemer Goldberg for 392 days before it sold. Pascal Lasry represented the buyer.

Closing prices in the top 10 deals ranged from about $550,000 to $7 million.
Here’s a breakdown of the top 10 sales from March 4 to March 10. Click on the map for more information:

Most expensive
Apogee #1203, Miami Beach | 95 days on market | $7M | $2,256 psf | Listing agent: Nelson Gonzalez | Buyer’s agent: Eloy Carmenate

Least expensive
L’Excellence #1903, Miami Beach | 44 days on market | $550k | $404 psf | Listing agent: Mickael Lancri | Buyer’s agent: Mickael Lancri

Most days on market
Jade Brickell #1208, Miami | 776 days on market | $762k | $391 psf | Listing agent: Diego Arnaud | Buyer’s agent: Michael Schnabel

Fewest days on market
Continuum North #CAB2, Miami Beach | 0 days on market | $900k | $464 psf | Listing agent: Julian Johnston | Buyer’s agent: Julian Johnston


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...