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 $1.6M to $6M
By Katherine Kallergis | May 14, 2018 04:30PM

Condo sales in Miami-Dade returned to normal last week.

The county recorded 122 closings for a total of $65.5 million, down from the previous week’s $100.5 million sales volume for 180 units. Condos last week sold for an average price of about $537,000 or $343 per square foot.

The most expensive closing was at Marea Miami Beach. Penthouse 2 traded hands for nearly $6 million, or more than $2,000 per square foot. It was listed with Dora Puig, and Ceiliah Epner brought the buyer. The three-bedroom, nearly 2,900-square-foot condo was on the market for 640 days before it sold.

The second priciest sale was the $5.6 million sale of unit 1103 in the south tower of the St. Regis Bal Harbour. It was on the market for 149 days with Joelle Oiknine. Vanessa Portnoy represented the buyer.

Closing prices in the top 10 deals ranged from $1.6 million to $6 million.

Here’s a breakdown of the top 10 sales from May 6 to May 12. Click on the map for more information:

Most expensive
Marea Miami Beach #PH2, Miami Beach | 640 days on market | $6M | $2,069 psf | Listing agent: Dora Puig | Buyer’s agent: Ceiliah Epner

Least expensive
Ritz-Carlton Coconut Grove #1502, Miami | 143 days on market | $1.6M | $758 psf | Listing agent: Nina Giambalvo | Buyer’s agent: Mitzi Mitchell

Most days on market
Marea Miami Beach #PH2, Miami Beach | 640 days on market | $6M | $2,069 psf | Listing agent: Dora Puig | Buyer’s agent: Ceiliah Epner

Fewest days on market
Grovernor House #1103, Miami | 56 days on market | $2.5M | $947 psf | Listing agent: Allison Blumenthal | Buyer’s agent: Nicolas Boucher