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

Top 10 sales ranged from $500K to $8M

Miami /
Sep.September 10, 2019 08:45 AM

Condo sales dropped during the first week of September, which was interrupted by Labor Day weekend and Hurricane Dorian.

A total of 69 condos sold for $27.5 million in Miami-Dade County last week, a plunge compared to $43 million in sales volume for 123 units the previous week. Condos last week sold for an average price of about $398,000 or $324 per square foot.

The most expensive sale was for a lower penthouse unit at Portofino Tower. Dora Puig represented the seller, while Rita Herrera represented the buyer. It was on the market for 105 days, and sold for more than $1,800 per square foot. It’s the highest sale at Portofino over the last three years and the second-highest in the building, according to the brokers involved.

A unit at Biltmore Parc traded hands for $1.6 million, marking the second priciest condo sale of the week. After about a month on the Multiple Listing Service, unit 201 sold for $720 per square foot. The listing agent was Anniella Tabraue, and Monica Paredes represented the buyer.

Here’s a breakdown of the top 10 sales from Sept. 1 to Sept. 7. Click on the map for more information:

Most expensive
Portofino Tower #LPH2 | 105 days on market | $8M | $1,860 psf | Listing agent: Dora Puig | Buyer’s agent: Rita Herrera

Least expensive
SLS Lux #2103 | 153 days on market | $500K | $594 psf | Listing agent: Daniela Gutierrez | Buyer’s agent: Victoria Cooney

Most days on market
Biscayne Beach #2206 | 692 days on market | $510K | $503 psf | Listing agent: Matias Alem | Buyer’s agent: William Colas

Fewest days on market
Biltmore Parc #201 | 32 days on market | $1.6M | $710 psf | Listing agent: Anniella Tabraue | Buyer’s agent: Monica Paredes


Related Articles

arrow_forward_ios
Derek Jeter and his Tampa mansion (Getty, Smith & Associates Real Estate/Luxury Portfolio International)
Jeter sells waterfront Tampa estate for record $23M
Jeter sells waterfront Tampa estate for record $23M
Maggie Cordish and Palazzo Della Luna (David x Prutting/Patrick McMullan/Getty)
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
Maggie Cordish, former White House adviser, pays $7M for Fisher Island condo
Palazzo Della Luna at 6800 Fisher Island Drive (Photo via Palazzo Della Luna)
Miami-Dade weekly condo sales, dollar volume up at year-end
Miami-Dade weekly condo sales, dollar volume up at year-end
(Google Maps, Fisher Island)
Miami-Dade condo sales, dollar volume fall during holiday week
Miami-Dade condo sales, dollar volume fall during holiday week
Map and Palazzo Della Luna, Miami Beach (Google Maps)
Condo sales, dollar volume rise last week in Miami-Dade
Condo sales, dollar volume rise last week in Miami-Dade
515 East Dilido Drive with Jonathan Cox (Douglas Elliman, Federated Cos.)
Federated Cos. developer buys waterfront Venetian Islands home
Federated Cos. developer buys waterfront Venetian Islands home
(Google Maps)
$35M closing at Faena House leads Miami’s weekly condo sales
$35M closing at Faena House leads Miami’s weekly condo sales
(Google Maps)
Condo sales rebound in Miami-Dade after Thanksgiving
Condo sales rebound in Miami-Dade after Thanksgiving
arrow_forward_ios

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

Loading...