Miami condo sales up slightly as businesses shut down due to coronavirus

Top 10 sales ranged from $1.1M to $13.8M

Miami /
Mar.March 24, 2020 11:30 AM

There was a rush of closings in Miami-Dade last week as businesses began shutting down due to the coronavirus pandemic.

A total of 121 condos sold for $70 million last week, compared to 118 units that sold for $60 million the previous week. Condos last week sold for an average price of about $580,000 or $331 per square foot.

The $13.8 million closing of One Thousand Museum unit 5701 topped the list. After spending 128 days on the market, the five-bedroom, 9,910-square-foot penthouse sold for nearly $1,400 per square foot. The listing agent was Oren Alexander and the buyer’s agent was Dina Goldentayer.

The second most expensive closing was the $5.45 million sale of unit 611 in the north tower of the Four Seasons Residences at the Surf Club. It sold for $2,683 per square foot. Alexander was the listing agent, and Seth Feuer brought the buyer.

Here’s a breakdown of the top 10 sales from March 15 to March 21. Click on the map for more information:

Most expensive
One Thousand Museum #5701 | 128 days on market | $13.8M | $1,393 psf | Listing agent: Oren Alexander | Buyer’s agent: Dina Goldentayer

Least expensive
Lenox Villas Condos #8 | 248 days on market | $1.1M | $509 psf | Listing agent: Darin Tansey | Buyer’s agent: Ben Moss

Most days on market
Icon South Beach #2305 | 501 days on market | $1.2M | $686 psf | Listing agent: Domenico Albano | Buyer’s agent: Juan Alvarez

Fewest days on market
Porto Vita #PH01 | 16 days on market | $1.4M | $368 psf | Listing agent: Martin Hoffman | Buyer’s agent: Rosy Lofer


Related Articles

arrow_forward_ios
PKWare CEO Spencer Kupferman with the Bay Harbor Islands home (PKWare, Compass via Douglas Elliman)
Software honcho pays record $13M for waterfront Bay Harbor Islands home
Software honcho pays record $13M for waterfront Bay Harbor Islands home
(Netflix / Billy Corben)
These Miami properties play cameo roles in “Cocaine Cowboys: The Kings of Miami”
These Miami properties play cameo roles in “Cocaine Cowboys: The Kings of Miami”
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
arrow_forward_ios

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

Loading...