Miami condo sales steady as Covid cases surge

Top 10 sales ranged from $680K to $5M

TRD MIAMI /
Jul.July 20, 2020 03:30 PM

Miami condo sales remained steady as South Florida continues to be the new epicenter of Covid-19.

A total of 100 condos sold for $41.5 million in Miami-Dade County last week. That’s compared to 95 units that sold for $37 million the previous week. Condos last week sold for an average price of about $415,000 or $332 per square foot.

At the top was the $5.2 million sale of Oceana Bal Harbour unit 1402S. The south tower condo sold for nearly $1,500 per square foot after 594 days on the market. Nivia Fernandez represented the buyer and seller.

The second most expensive sale of the week was at Setai Resort and Residences in Miami Beach. Unit 3703 traded for $4 million, or $2,519 per square foot. It was listed for 276 days. Lourdes Gutierrez was the listing agent, and the buyer’s agent was Ryan Mendell.

Here’s a breakdown of the top 10 sales from July 12 to July 18. Click on the map for more information:

Most expensive
Oceana Bal Harbour #1402S | 594 days on market | $5.2M | $1,448 psf | Listing agent: Nivia Fernandez | Buyer’s agent: Nivia Fernandez

Least expensive
Brickell Townhouse Condo #8D | 88 days on market | $680K | $399 psf | Listing agent: Cristina Lopez | Buyer’s agent: Mariana Garber

Most days on market
Oceana Bal Harbour #1402S | 594 days on market | $5.2M | $1,448 psf | Listing agent: Nivia Fernandez | Buyer’s agent: Nivia Fernandez

Fewest days on market
Coconut Grove Bayshore #11A | 11 days on market | $1.3M | $715 psf | Listing agent: Christine Stiphany | Buyer’s agent: Jane Barrellier


Related Articles

arrow_forward_ios
Peter Vauthy and Red South Beach (Getty)

The Weekly Dish: Red South Beach signs $5M lease for new space & more

The Weekly Dish: Red South Beach signs $5M lease for new space & more
Four Seasons Residences at the Surf Club in Surfside

Miami condo sales go up, but dollar volume falls

Miami condo sales go up, but dollar volume falls
Miami-Dade County Mayor Carlos A. Gimenez (Credit: Jason Koerner/Getty Images)

Miami-Dade police said pre-Covid evictions could resume. Then came mayor’s stop order

Miami-Dade police said pre-Covid evictions could resume. Then came mayor’s stop order
Miami-Dade County Mayor Carlos A. Gimenez (Credit: Jason Koerner/Getty Images)

Miami-Dade begins phase 2 reopening: movie theaters, bowling alleys and more

Miami-Dade begins phase 2 reopening: movie theaters, bowling alleys and more
Map of condo sales and the Surf Club Four Seasons (Credit: Google Maps)

Down again: Miami condo sales declined last week

Down again: Miami condo sales declined last week
Florida Gov. Ron DeSantis (Credit: Joe Raedle/Getty Images)

DeSantis moves Miami-Dade, Broward counties into phase two

DeSantis moves Miami-Dade, Broward counties into phase two
Gov. DeSantis (Credit: Joe Raedle/Getty Images)

Drink up: Bars can reopen Monday in the Florida Keys — but not in rest of South Florida

Drink up: Bars can reopen Monday in the Florida Keys — but not in rest of South Florida
A Toojay's Deli location (Google Maps)

Lender acquires TooJay’s out of bankruptcy

Lender acquires TooJay’s out of bankruptcy
arrow_forward_ios

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

Loading...