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 $775K to $5M
December 18, 2018 12:30PM

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