Miami condo sales go up, but dollar volume falls

Top 10 sales ranged from $1M to $7M

Miami /
Sep.September 21, 2020 12:30 PM
Four Seasons Residences at the Surf Club in Surfside

Four Seasons Residences at the Surf Club in Surfside

More than 100 condos sold last week in Miami-Dade County, marking a weekly increase, but dollar volume fell.

A total of 110 condos sold for $53.9 million last week, compared to 80 units that sold for $55.2 million the previous week. Condos last week sold for an average price of about $490,000 or $349 per square foot.

The most expensive sale was for unit 905 in the south tower of the Four Seasons Residences at the Surf Club in Surfside. The unit traded for $6.5 million, or just under $3,000 per square foot. Dora Puig represented the seller while Bruno Junqueira represented the buyer. The unit was listed for 36 days.

The second most expensive sale of the week was at Faena House in Miami Beach. Unit 8C sold for $5.2 million, about $2,300 per square foot, after 726 days on the market. Lourdes Gutierrez represented the seller, while Mick Duchon represented the buyer.

Here’s a breakdown of the top 10 sales from Sept. 13 to Sept. 19.

Click on the map for more information:

Most expensive
The Surf Club #S-905 | 36 day on market | $6.5M | $2,931 psf | Listing agent: Dora Puig | Buyer’s agent: Bruno Junqueira

Least expensive
TDR Tower II Condo #1507 | 37 days on market | $1M | $454 psf | Listing agent: Vadim Yushkevich | Buyer’s agent: Arnold Ashurov

Most days on market
Chateau Beach #1202 | 811 days on market | $2.6M | $781 psf | Listing agent: Diego Arnaud | Buyer’s agent: Ana Santillan

Fewest days on market
Continuum #2701 | 19 days on market | $2M | $ 1,257 psf | Listing agent: Jonathan Corso | Buyer’s agent: Jonathan Corso






    Related Articles

    arrow_forward_ios
    Damac Properties founder Hussain Sajwani and the Surfside collapse site (Damac, Getty)
    Dubai developer revealed as $120M bidder for Surfside collapse site
    Dubai developer revealed as $120M bidder for Surfside collapse site
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Surfside site’s stalking horse bidder signed contract, auction slated for February as claims could reach $1B
    Eighty Seven Park and the lot where the Champlain Towers South once stood (Douglas Elliman)
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    Italian investor sells Eighty Seven Park unit to hedge funder in first closing since deadly condo collapse next door
    The now empty lot that was where the Champlain Towers South condo building once stood (Getty)
    Surfside commissioners shoot down proposed land swap with collapse site to create memorial
    Surfside commissioners shoot down proposed land swap with collapse site to create memorial
    9408 Bay Drive
    Waterfront Surfside home that set record in January flips for 20% gain
    Waterfront Surfside home that set record in January flips for 20% gain
    After the construction of Eighty Seven Park (Google Maps)
    Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
    Before Surfside tragedy, neighboring tower faced opposition, delays over construction impact
    The Surfside Champlain site (Getty)
    Surfside officials agree to carve Champlain site out of planned downzoning
    Surfside officials agree to carve Champlain site out of planned downzoning
    (Getty)
    Latest draft of Surfside rezoning shows only 80 units could be built on collapse site
    Latest draft of Surfside rezoning shows only 80 units could be built on collapse site
    arrow_forward_ios

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

    Loading...