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
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
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
(Google Maps)
$35M closing at Faena House leads Miami’s weekly condo sales
$35M closing at Faena House leads Miami’s weekly condo sales
(Google Maps)
Condo sales rebound in Miami-Dade after Thanksgiving
Condo sales rebound in Miami-Dade after Thanksgiving
Pamela Applebaum and The Bristol
Daughter of drugstore mogul sells Bristol condo unit for $16M
Daughter of drugstore mogul sells Bristol condo unit for $16M
arrow_forward_ios

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

Loading...