The week in luxury: A map of Miami-Dade’s priciest condo sales

Closing prices in the top 10 deals ranged from $775K to $5M

TRD MIAMI /
Dec.December 18, 2018 12:30 PM

The holiday shopping season is upon us, but from the looks of last week’s condo sales in Miami-Dade, consumers shied away from buying luxury condos.

The county recorded 122 closings for a total of $46.7 million, down from the previous week’s 143 closings for a total of $71.9 million. Condos last week sold for an average price of $374,812 or about $310 per square foot.

The priciest deal was at Miami Beach’s Edition Residences. After almost two years on the market, unit 1101 sold for $5 million or about $1,814 per square foot. Anna Sherrill represented the seller, and Juan Alvarez brought the buyer. Hotelier Ian Schrager co-developed the Edition, which was completed in 2015 after redeveloping the former Seville Hotel at 2901 Collins Avenue.

The second most expensive condo sale was the $1.96 million sale of unit 208-35 at Bleau Fontaine Condominiums. The unit sold for $1,960 per square foot. Marcela Quinones-Avila represented the seller, and Lizbeth Beauchamp brought the buyer.

Here’s a breakdown of the top 10 sales from Dec. 9 to Dec. 16. Click on the map for more information:

Most expensive

Edition Residences, Miami Beach | #1101 | 667 days on market | $5M | $1,814 psf | Listing agent: Anna Sherrill | Buyer’s agent: Juan Alvarez

Least expensive

Tiffany at Bal Harbour, Bal Harbour | #1405 | 92 days on market | $850k | $421 psf | Listing agent: Teodoro Palmieri | Buyer’s agent: Lydia Eskenazi

Most days on market

Edition Residences, Miami Beach | #1101 | 667 days on market | $5M | $1,814 psf | Listing agent: Anna Sherrill | Buyer’s agent: Juan Alvarez

Fewest days on market

Aventura Marina Condo, Aventura | #UPH15 | 26 days on market | $1.015M | $340 psf | Listing agent: Adriana Planchart | Buyer’s agent: Dmitry Baranov


Related Articles

arrow_forward_ios
Map of priciest condo sales and Oceanside unit 7671

Fisher Island sale trumps all Miami condo sales last week

Steven Hurwitz and Ryan Severino

JLL’s top economist forecasts low probability of a recession

From left: Carlos Mattos, Nusret Gökçe, Panorama Tower and 999 Brickell (Credit: Getty Images)

Panorama Tower debris damaged building housing Salt Bae joint: lawsuit

Map of priciest condo sales and 100 South Pointe Drive, unit 1501 (Credit: Google Maps and Redfin)

Miami condo sales tank in early February

Stephen Nostrand and 1548 Brickell Avenue

Historic Brickell Avenue building listed for sale

Map of priciest condo sales and Surf Club Four Seasons unit 417N (Credit: Google Maps and Realtor)

Miami condo sales jumped ahead of Super Bowl LIV

Map of priciest condo sales and Residences at Vizcaya unit 202 (Credit: Google Maps and Realtor)

Sale at Residences at Vizcaya tops weekly condo sales in Miami

Map of priciest condo sales and Oceana Bal Harbour unit 1701

Oceana Bal Harbour resale tops condo sales in Miami last week

arrow_forward_ios
Loading...