$12M Fisher Island closing tops weekly condo sales in Miami-Dade

Top 10 sales ranged from $1M to $12M

TRD MIAMI /
May.May 05, 2020 08:45 AM

A closing on exclusive Fisher Island topped other condo sales in Miami-Dade County last week, leading to a weekly jump in sales volume.

A total of 85 condos sold for $55 million last week. That’s compared to 60 units that sold for $23.7 million the previous week. Condos last week sold for an average price of about $636,000 or $337 per square foot.

Unit 7021 at Palazzo Del Sol on Fisher Island sold for $12.2 million, or nearly $1,600 per square foot. Cyril Matz represented the sellers, Peter and Nellya Drut, and Gabriela Dajer brought the buyer. It was listed for 32 days. The five-bedroom, 7,630-square-foot unit sold for a substantial increase compared to its previous sale four years ago. Property records show the developer sold the Palazzo Del Sol condo for $7.9 million in 2016.

The second most expensive sale was the $3.3 million closing of unit 1104 at Grand Bay Tower in Key Biscayne. The unit was listed for 28 days. Marcello Agostini represented the seller, and the buyer’s agent was Brigitte Nachtigall. It sold for $890 per square foot.

Here’s a breakdown of the top 10 sales from April 26 to May 2. Click on the map for more information:

Most expensive
Palazzo Del Sol #7021 | 32 days on market | $12.2M | $1,599 psf | Listing agent: Cyril Matz | Buyer’s agent: Gabriela Dajer

Least expensive
Saint Tropez Ocean Condo #2601 | 45 days on market | $1M | $601 psf | Listing agent: Carol Housen | Buyer’s agent: Maria Betancur

Most days on market
Two Park Grove #7B | 215 days on market | $2.35M | $928 psf | Listing agent: Ana Jerez | Buyer’s agent: Marina Pinto

Fewest days on market
Biltmore Parc #301 | 1 day on market | $1.6M | $691 psf | Listing agent: Anniella Tabraue | Buyer’s agent: Hillary Hertzberg


Related Articles

arrow_forward_ios
Map of priciest condo sales and One Thousand Museum (Credit: Google Maps and Wikipeda)

Miami condo sales bounce back

Miami condo sales bounce back
Photo illustration of Mayor Carlos Gimenez (Getty, iStock)

Restaurants, gyms to close again in Miami-Dade

Restaurants, gyms to close again in Miami-Dade
Scott Sandelin, Ben Potts, Michelle Bernstein, Felix Bendersky and Aaron Butler (Beaker & Gray, Twitter, F&B, Linkedin)

Restaurants, bars in a “scary situation” as restrictions ramp up

Restaurants, bars in a “scary situation” as restrictions ramp up
Map of priciest condo sales and Oceanside Fisher Island (Credit: Google Maps and Redfin)

Miami condo sales flatten at the end of June

Miami condo sales flatten at the end of June
Photo illustration of Ron DeSantis (Getty, iStock)

DeSantis announces $250M rental, mortgage assistance fund

DeSantis announces $250M rental, mortgage assistance fund
Developers are still holding off on starting new construction projects

South Florida construction starts plummet again in May

South Florida construction starts plummet again in May
Prive at Island Estates and BH3’s Charlie Phelan, Greg Freedman and Daniel Lebensohn and Gary Cohen

Privé at Island Estates developer sues Suffolk Construction over defects

Privé at Island Estates developer sues Suffolk Construction over defects
Dan Kodsi and Legacy Hotel & Residences

For future pandemics, Miami Worldcenter plans $60M health center

For future pandemics, Miami Worldcenter plans $60M health center
arrow_forward_ios

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

Loading...