Condo sales fall in Miami-Dade

Top 10 sales ranged from $970K to $7M

Miami /
Apr.April 14, 2020 10:30 AM

Condo sales in Miami-Dade County began to drop last week.

A total of 61 condos sold for $41.5 million last week, amid the coronavirus pandemic. That is compared to 102 units that sold for $54 million the previous week. Condos last week sold for an average price of about $680,000 or $397 per square foot.

The most expensive closing was at Fendi Chateau Residences in Surfside. Unit 806 sold for $6.9 million, or $1,538 per square foot, after 510 days on the market. Saddy Delgado represented the seller, while Lianne Graubart brought the buyer.

The second top deal was the $5 million sale of upper penthouse 2 at 1500 Ocean Drive. The South Beach condo sold after 468 days on the market. It traded hands for $1,098 per square foot. The listing agent was Jose Luis Pere, and the buyer’s agent was Ines Flax.

Here’s a breakdown of the top 10 sales from April 5 to April 11. Click on the map for more information:

Most expensive
Fendi Chateau Residences #806 | 510 days on market | $6.9M | $1,538 psf | Listing agent: Saddy Delgado | Buyer’s agent: Lianne Graubart

Least expensive
Yacht Club at Portofino #2712 | 168 days on market | $970K | $858 psf | Listing agent: Xavier Blanco | Buyer’s agent: Lisa Van Wagenen

Most days on market
Fendi Chateau Residences #806 | 510 days on market | $6.9M | $1,538 psf | Listing agent: Saddy Delgado | Buyer’s agent: Lianne Graubart

Fewest days on market
Green Diamond #3202 | 4 days on market | $1.3M | $833 psf | Listing agent: Claudia Whitechurch | Buyer’s agent: Jonathan Corso


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