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

A $5.7M sale at Regalia topped the list

Miami /
Jan.January 21, 2019 02:42 PM

Condo sales are on the rise in Miami-Dade.

From January 13 to 19, the county recorded 103 closings for a total sales volume of $48 million, up from the previous week’s 77 closings for $23.5 million. Condos last week sold for an average price of about $466,000 or about $312 per square foot.

Topping the list of priciest sales over that period was a unit at Regalia in Sunny Isles Beach, which sold for $5.7 million, or more than $1,000 per foot, after only 34 days on the market. Devin Kay brokered both sides of the deal. The four-bedroom, 5,515-square-foot unit features a 2,100-square-foot terrace, a smart home system, 10-foot ceilings and Kreon lighting. It was on the market for $7.2 million.

The second most-expensive deal of the week was the $3.15 million sale of unit 4203 at Porsche Design Tower. After 101 days on the market, the Sunny Isles condo traded hands for about $800 per foot. The listing agents were Brenda Gramajo and Allen Davoudpour and the buyer’s agent was Melissa Barragan.

Here’s a breakdown of the top 10 sales last week. Click on the map for more information:

Most expensive
Regalia #8 | 34 days on market | $5.7M | $1,033 psf | Listing agent: Devin Kay | Buyer’s agent: Devin Kay

Least expensive
Williams Island #1709 | 211 days on market | $840K | $308 psf | Listing agent: Denise Rubin | Buyer’s agent: Joelle Oiknine

Most days on market
Ritz-Carlton Coconut Grove #1202 | 389 days on market | $1.09M | $489 psf | Listing agent: Nina Giambalvo | Buyer’s agent: Andres Leiser

Fewest days on market
Continuum North #1504 | 3 days on market | $2.9M | $2,018 psf | Listing agent: Maria Sifuentes | Buyer’s agent: Luciana Barreto


Related Articles

arrow_forward_ios
Corcoran’s Julian Johnston, Luxe Living Realty’s Dora Puig, One Sotheby’s’ Jeff Miller, Douglas Elliman’s Dina Goldentayer and Douglas Elliman’s Oren Alexander
WATCH: Top luxury brokers go head to head at TRD’s Miami event
WATCH: Top luxury brokers go head to head at TRD’s Miami event
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Now streaming: TRD’s podcast Deconstruct on what’s next for Surfside
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
Michael Stern accused of “duping investors” in Monad Terrace project
Regalia, Unit 10 (Regalia Sunny Isles, Condos & Condos)
Brazilian fertilizer mogul puts down roots in Sunny Isles Beach
Brazilian fertilizer mogul puts down roots in Sunny Isles Beach
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
PE firms LarrainVial, DaGrosa Capital invest in Miami real estate companies
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Luxury car tycoon pays $7M for manse in Aventura’s Island Estates
Philly developer Bart Blatstein buys Continuum townhome for $6M
Philly developer Bart Blatstein buys Continuum townhome for $6M
Philly developer Bart Blatstein buys Continuum townhome for $6M
AIMCO founder Terry Considine and a rendering of the Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
Miami Beach board rejects Aimco’s proposal for Grand Flamingo tower
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...