Condo sales surged last week in Miami-Dade, led by a closing at the St. Regis Bal Harbour.
A total of 128 condos sold for $52.6 million last week, compared to 91 units that sold for $36 million the previous week. Condos last week sold for an average price of about $411,000 or $302 per square foot.
The most expensive was the $5.3 million sale of St. Regis Bal Harbour unit 901 in the north tower. After 58 days on the market, the four-bedroom condo sold for just over $1,500 per square foot. The listing agent was Matias Alem and the buyer’s agent was Sarah Sheridan.
Murano at Portofino unit 501, which closed for $4.8 million, marked the second highest deal of the week. The fifth floor condo was on the market for 235 days, most recently with Dora Puig. Stacy Robins represented the buyer. It sold for $1,426 per square foot.
Here’s a breakdown of the top 10 sales from Feb. 23 to Feb. 29. Click on the map for more information:
St. Regis Bal Harbour # 901N | 58 days on market | $5.3M | $1,504 psf | Listing agent: Matias Alem | Buyer’s agent: Sarah Sheridan
Padua South Deering Bay #231 | 172 days on market | $924K | $310 psf | Listing agent: Sonia De Medeiros | Buyer’s agent: Sonia De Medeiros
Most days on market
Atlantic III at the Point #PH3105 | 510 days on market | $940K | $317 psf | Listing agent: Denise Rubin | Buyer’s agent: Brenda Silbergleit
Fewest days on market
Mar-Azul #11AS | 16 days on market | $1.1M | $536 psf | Listing agent: Jacqueline Cabrera | Buyer’s agent: Elena Chacon