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 $1.4M to $4.7M
By Katherine Kallergis | August 13, 2018 06:00PM

Miami-Dade condo sales fell back down again last week, topped by the $4.7 million closing of a unit at the Related Group’s One Ocean in Miami Beach.

Condo sales totaled 121 closings for a combined $51.6 million, 52 fewer units fewer and about $12 million less than the previous week. Condos last week sold for an average price of about $427,000 or about $309 per square foot.

One Ocean unit 704, the priciest deal of the week, traded hands for $4.7 million, or $1,830 per foot. Darin Feldman represented the seller, and Luis Medeiros brought the buyer. It was on the market for about nine months before it sold.

The second-priciest condo sale was at Turnberry Ocean Colony. Unit 1104 sold for $3.15 million, or about $700 per foot, after 235 days on the market. Lana Bell brokered both sides of the deal.

Here’s a breakdown of the top 10 sales from Aug. 5 to Aug. 11. Click on the map for more information:

Most expensive
One Ocean #704, Miami Beach | 267 days on market | $4.7M | $1,830 psf | Listing agent: Darin Feldman | Buyer’s agent: Luis Medeiros

Least expensive
Key Colony I #263, Key Biscayne | 508 days on market | $1.4M | $705 psf | Listing agent: Enrique Garcia | Buyer’s agent: Paula Sanchez

Most days on market
Oceanside Fisher Island #7941, Miami Beach | 960 days on market | $2.83M | $900 psf | Listing agent: Jill Eber | Buyer’s agent: Karla Abaunza

Fewest days on market
Capobella #1203, Miami Beach | 94 days on market | $1.45M | $872 psf | Listing agent: Sergio Lopez De Mesa | Buyer’s agent: Romulo Ferrero