Condo sales rise, but dollar volume falls in Miami-Dade

Top 10 sales ranged from $800K to $6.5M

Miami /
Aug.August 18, 2020 11:30 AM

Condo sales rose last week, but dollar volume declined in Miami-Dade County.

A total of 109 condos sold for $54 million last week. That’s compared to 96 units that sold for $58 million the previous week. Condos last week sold for an average price of about $492,000 or $315 per square foot.

The most expensive sale was at Turnberry Ocean Colony. Penthouse 3702 sold for $6.5 million, or $1,140 per square foot. The listing agents were Joseph Zichelle and Melissa Barragan, and the buyer’s agent was Adam Gurewicz. Commercial real estate investor Republic Investment Co. sold the Sunny Isles Beach penthouse to Dr. Michael and Martha Davidson.

The second most expensive sale was at Two Midtown Miami. Penthouse 1006 sold for $2.8 million, or about $700 per square foot, after just 39 days on the market. Lourdes Alatriste represented the buyer and seller.

Here’s a breakdown of the top 10 sales from Aug. 9 to Aug. 15. Click on the map for more information:

Most expensive
Turnberry Ocean Colony #PH 3702 | 388 days on market | $6.5M | $1,140 psf | Listing agents: Joseph Zichelle, Melissa Barragan | Buyer’s agent: Adam Gurewicz

Least expensive
Key Colony #109 | 865 days on market | $800K | $523 psf | Listing agent: Maria De Armas | Buyer’s agent: Lawrence Kelly

Most days on market
Key Colony #109 | 865 days on market | $800K | $523 psf | Listing agent: Maria De Armas | Buyer’s agent: Lawrence Kelly

Fewest days on market
Residences by Armani/Casa #3002 | 3 days on market | $2.8M | $882 psf | Listing agent: Chad Carroll | Buyer’s agent: Lisa Van Wagenen


Related Articles

arrow_forward_ios
A photo illustration of 12203 Tillinghast Circle in Palm Beach Gardens (top) and 6300 North Bay Road in Miami Beach (Getty Images, Old Palm Golf Club, Coldwell Banker)
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Flipping crazy: South Florida’s top resi flips of the year so far, ranked
Ken Griffin in the center, with Brickell (right) and Palm Beach (below)
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Ken Griffin’s Citadel comes to Brickell — and supercharges the market
Companies principal Alan Macken with Koya Bay
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Macken scores $16.5M construction loan for Koya Bay townhome development in North Miami Beach
Austin Rosen and 6417 Pine Tree Drive Circle (Zillow, Getty)
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Hit repeat: Music exec Austin Rosen buys next-door waterfront Miami Beach home for $12.5M
Frist Cressey Ventures Bryan Cressey with the property at 2315 S Ocean Blvd. in Palm Beach (Zillow, FCVentures, Illustration by Priyanka Modi for The Real Deal with Getty)
Venture capitalist sells oceanfront Palm Beach compound for $49M
Venture capitalist sells oceanfront Palm Beach compound for $49M
Clockwise from top left: One Sotheby’s Jorge Uribe, Compass' Ida Schwartz, Fortune International Group's Edgardo Defortuna and Royal Palm Companies' Dan Kodsi (Illustration by Kevin Rebong for The Real Deal)
Slowdown hits South Florida’s hot resi market: Here’s what that means
Slowdown hits South Florida’s hot resi market: Here’s what that means
12203 Tillinghast Circle (Illustrated Properties)
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
Palm Beach Gardens mansion flips for record $22.5M, doubling in price in a year
Surf Club Four Seasons (Four Seasons)
Penthouse at the Surf Club Four Seasons in Surfside trades for $29M
Penthouse at the Surf Club Four Seasons in Surfside trades for $29M
arrow_forward_ios

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

Loading...