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 $980k to $6.4M
By Katherine Kallergis | April 24, 2018 10:30AM

Condo sales in Miami-Dade increased last week.

The county recorded 173 closings for a total of $69 million, up from the previous week’s $51 million sales volume for 127 units. Condos last week sold for an average price of about $400,000 or $313 per square foot.

The priciest sale was at the Continuum South Beach. David Letterman’s former bandleader Paul Shaffer sold unit 1706 for $6.4 million, or just under $2,000 per square foot. Timothy Singer and Tim Powers represented the seller and Theresa Glorioso brought the buyer.

The second most-expensive sale was the $4.1 million sale of a penthouse at Biscayne Beach in Edgewater. Karen Elmir and Alicia Cervera Lamadrid represented the buyer and seller. The unit was listed for 132 days before it sold for $961 per square foot.

Closing prices in the top 10 deals ranged from $980,000 to $6.4 million.

Here’s a breakdown of the top 10 sales from April 15 to April 21. Click on the map for more information:

Most expensive
Continuum #1706, Miami Beach | 104 days on market | $6.4M | $1,992 psf | Listing agent: Timothy Singer and Tim Powers | Buyer’s agent: Theresa Glorioso

Least expensive
Nine Island #1214, Miami Beach | 65 days on market | $980k | $411 psf | Listing agent: Mora Israel | Buyer’s agent: Spencer Ross Greenberg

Most days on market
Ocean Tower II #306, Key Biscayne | 548 days on market | $2M | $675 psf | Listing agent: Darin Spencer Raymond | Buyer’s agent: Gustavo Gambino

Fewest days on market
South Pointe Towers #1409 | 46 days on market | $1.2M | $899 psf | Listing agent: Kenneth Raymond | Buyer’s agent: Colin Feuling