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 $600k to $1.3M
By Amanda Rabines | November 27, 2018 10:30AM

Miami-Dade condo sales dropped last week thanks in part to the Thanksgiving holiday.

The county recorded 80 closings for a total of $24.2 million, nearly half of the $42 million sales volume recorded the previous week. Condos sold for an average price of about $302,000 or $265 per square foot.

The priciest deal was at the Trump Palace in Sunny Isles Beach. Unit 1501 sold for $1.29 million, or $605 per foot, after a little more than four months on the market. David Lee had the listing, and Lea Rubin represented the buyer of the three-bedroom, 2,143-square-foot unit. The condo development was completed in 2006 by a partnership between the Trump Organization and Dezer Development.

The second most expensive deal was at the Reserve at Marina Palms in Aventura. Unit 1911 sold for $1.1 million, or $529 per square foot. Elena Chacon represented the seller and Melanie Tenenbaum brought the buyer.

Here’s a breakdown of the top 10 sales from Nov. 18 to Nov. 24. Click on the map for more information:

Most expensive

Trump Palace, Sunny Isles Beach | #1501 | 139 days on market | $1.29M | $605 psf | Listing agent: David Lee | Buyer’s agent: Lea Rubin

Least expensive

St Tropez, Sunny Isles Beach | #1-TH403 | 65 days on market | $600k | $289.5 psf | Listing and buyer’s agent: Renato de Azeredo Mendonca

Most days on market

Towers of Key Biscayne, Key Biscayne | #F1007 | 621 days on market | $875k | $491 psf | Listing agent and buyer’s agent: Ileana Puig

Fewest days on market

One Paraiso, Miami | #1001 | 59 days on market | $1.08M | $464 psf | Listing agent: Gustavo Cabrera | Buyer’s agent: Ana Anauate Hirschbruch