UPDATED, Feb. 6, 5:40 p.m.: The Miami-Dade condo market ended January with a boost in sales volume.
Miami-Dade County recorded 53 closings for a total of $106 million, a jump from the previous week’s 77 closings for $38 million. Condos last week sold for an average price of about $500,000 or about $338 per square foot.
The most expensive sale was the $5.2 million trade of unit 1706 at The Bath Club in Miami Beach. The four-bedroom, 4,135-square-foot condo sold after 68 days on the market. Alexander Goldstein represented the seller, and Raymond Bolduc II brought the buyer. A company managed by Harvey B. Kadden of Goldman Sachs sold the unit to John Darvish, a major car dealer in the U.S., according to sources. The Bath Club unit features a private elevator, chef’s kitchen and smart home technology.
A unit at Porsche Design Tower, which previously sold for $7 million and was on the market for $10 million, sold for only $4.5 million, marking the second highest-priced condo sale last week. It was last on the market with Cristiano Piquet for 66 days before it sold. Fernanda Nunez Del Prado represented the buyer.
Here’s a breakdown of the top 10 sales from Jan. 27 to Feb. 2. Click on the map for more information:
The Bath Club #1706 | 68 days on market | $5.2M | $1,258 psf | Listing agent: Alexander Goldstein | Buyer’s agent: Raymond Bolduc II
Costa Brava #1701 | 35 days on market | $1.26M | $659 psf | Listing agent: John Reaves Jr. | Buyer’s agent: Darin Feldman
Most days on market
St. Regis #1604S | 445 days on market | $2.5M | $1,308 psf | Listing agent: Gleb Klioner | Buyer’s agent: Vanessa Portnoy
Fewest days on market
L’Atelier #1401 | 1 day on market | $4.2M | $1,826 psf | Listing agent: Anna Sherrill | Buyer’s agent: Eloy Carmenate