Miami condo sales volume bounces back following Hurricane Dorian

Top 10 sales ranged from $750K to $6M

TRD MIAMI /
Sep.September 17, 2019 04:00 PM

Condo sales in Miami continued recovering following the disruption caused by Hurricane Dorian in early September.

A total of 99 condos sold for $45.7 million in Miami-Dade County last week, up from $27.5 million in sales volume for 69 units the previous week. Condos last week sold for an average price of about $461,000 or $324 per square foot.

The top sale was the $6.13 million closing of St. Regis Bal Harbour unit 1201 in the south tower of the luxury condo development. After 348 days on the market, the 3,884-square-foot, three-bedroom unit sold for nearly $1,600 per square foot. Bill Hernandez and Bryan Sereny were the listing agents, while the buyer’s agent was Ryan Mendell.

Unit 1219 at 1 Hotel & Homes South Beach sold for about $3 million, or over $1,500 per square foot, marking the second most expensive condo sale of the week. Jeffrey Miller represented the seller, while Tracy Galya brought the buyer. The unit was on the market for 309 days before it closed.

Here’s a breakdown of the top 10 sales from Sept. 8 to Sept. 14. Click on the map for more information:

Most expensive
Bal Harbour North South Condo #1201S | 348 days on market | $6.13M | $1,577 psf | Listing agents: Bill Hernandez and Bryan Sereny | Buyer’s agent: Ryan Mendell

Least expensive
Grove Towers #12F | 1 day on market | $750K | $446 psf | Listing agent: Riley Smith | Buyer’s agent: Anthony Soto

Most days on market
Fontainebleau II #2702 and #2704 | 558 days on market | $2M | $1,337 psf | Listing agent: Mary Cases | Buyer’s agent: Christian Dreyfuss

Fewest days on market
Grove Towers #12F | 1 day on market | $750K | $446 psf | Listing agent: Riley Smith | Buyer’s agent: Anthony Soto


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