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 $686k to $9.4M
By Amanda Rabines | December 11, 2018 09:45AM

UPDATED, Dec. 12, 11:25 a.m.: Miami-Dade experienced a boost in condo sales last week.

The county recorded 143 closings for a total of $71.9 million, up from the previous week’s 132 closings for $39.8 million. Condos last week sold for an average price of about $503,000 or about $317 per square foot.

The priciest deal was located in the country’s richest zip code, Fisher Island, where residents reportedly earn $2.5 million on average a year.

Unit 7064 at the recently competed Palazzo Del Sol condominium traded for $9.4 million. Dora Puig represented both sides of the deal. The deal for the four-bedroom, 4,956-square-foot unit breaks down to $1,896 per square foot.

The next priciest deal was at Murano Grande at Portofino in South Beach. Unit 2604 sold for $3.85 million after more than a year on the market. It marks the highest sale ever recorded in the building on a per-square-foot basis, listing agent Cyril Bijaoui said. Joseph Schafer brought the buyer.

Here’s a breakdown of the top 10 sales from Dec. 2 to Dec. 8. Click on the map for more information:

Most expensive

Palazzo Del Sol, Miami Beach | #7064 | 87 days on market | $9.4M | $1,896 psf | Listing agent: Dora Puig | Buyer’s agent: Dora Puig

Least expensive

Akoya, Miami Beach | #4003 | 200 days on market | $1.55M | $880 psf | Listing agent: Amorette Robertson | Buyer’s agent: Cristina Brennan

Most days on market

Murano At Portofino, Miami Beach | #2604 | 457 days on market | $3.85M | $1,758 psf | Listing agent: Cyril Bijaoui | Buyer’s agent: Joseph Schafer

Fewest days on market

Murano Grande, Miami Beach | #1906 | 81 days on market | $2.5M | $1,235 psf | Listing agents: Bill Hernandez and Bryan Sereny | Buyer’s agent: Vincent Pinto