$35M Miami Beach sale leads weekly condo sales

Top 10 sales ranged from $3.7M to $35M

Miami /
Apr.April 20, 2021 08:45 AM

Closed dollar volume jumped nearly $100 million in Miami-Dade County last week.

A total of 278 condos sold for $242.4 million last week, up from the 239 condos that sold for $147.5 million the previous week.

Units sold for an average price of $872,000, up from $617,000 the week prior. Condos sold for an average $440 per square foot, up from $411 per square foot.

The most expensive sale was for developer Ian Bruce Eichner’s penthouse at Continuum South Tower. The Miami Beach unit sold for $35 million, or $3,173 per square foot, after 628 days on the market. Eloy Carmenate represented the seller, and Stephen Simpson represented the buyer.

The second most expensive sale of the week was for unit 1402 at Apogee in Miami Beach, which sold for $8 million, or $2,903 per square foot. The unit spent 17 days on the market. Pablo Alfaro represented the seller, while Lina Barcelo represented the buyer.

Here’s a breakdown of the top 10 sales from April 11 to April 17.

Most expensive
Continuum South Tower PH2 | 628 days on market | $35M | $3,173 psf | Listing agent: Eloy Carmenate | Buyer’s agent: Stephen Simpson

Least expensive
The Residences at the Bath Club 1003 | 2 days on market | $3.7M | $1,016 psf | Listing agent: Luis Gonell | Buyer’s agent: Bryan Sereny

Most days on market
Continuum South Tower PH2 | 628 days on market | $35M | $3,173 psf | Listing agent: Eloy Carmenate | Buyer’s agent: Stephen Simpson

Fewest days on market
Biscayne Beach Condo 5102 | 1 day on market | $6.5M | $771 psf | Listing agent: Billy Hernandez | Buyer’s agent: Billy Hernandez






    Related Articles

    arrow_forward_ios
    Renderings of the Sunset Harbour project with Marc Rowan and Deco Capital Group's Bradley Colmer (Linkedin, Getty)
    Deco Capital moves forward with new version of long-planned Sunset Harbour mixed-use development
    Deco Capital moves forward with new version of long-planned Sunset Harbour mixed-use development
    1260 Washington Avenue and 1234 Washington Avenue with Location Ventures CEO Rishi Kapoor (Google Maps, Location Ventures)
    Location Ventures buys South Beach office, retail property for $20M
    Location Ventures buys South Beach office, retail property for $20M
    Don Peebles, Jorge Perez and Barry Sternlicht with the Clevelander hotel (Getty, iStock)
    Alcohol rollback on Ocean Drive pits developers against business owners
    Alcohol rollback on Ocean Drive pits developers against business owners
    O. Dean Jernigan and 1325 North Venetian Way, Miami Beach (Google Maps)
    Former self-storage CEO sells Venetian Islands home for $18M
    Former self-storage CEO sells Venetian Islands home for $18M
    Jessica Goldman Srebnick with 6686 Roxbury Lane and 4511 Lake Road (Google Maps)
    Jessica Goldman Srebnick trades Miami Beach home for Bay Point mansion
    Jessica Goldman Srebnick trades Miami Beach home for Bay Point mansion
    Joseph Chetrit and a rendering of the Collins Park project (Getty, Kobi Karp)
    Chetrit scores $63M construction loan for long-planned Collins Park hotel in Miami Beach
    Chetrit scores $63M construction loan for long-planned Collins Park hotel in Miami Beach
    Arte Surfside (Arte)
    $13M unit at Arte in Surfside leads weekly condo sales
    $13M unit at Arte in Surfside leads weekly condo sales
    Fontainebleau Miami Beach, Jeffrey Soffer and former President Donald Trump (Ebyabe/Wikipedia, Getty, iStock)
    Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
    Gambling portability a no-go in Florida this year for Jeffrey Soffer, Trump
    arrow_forward_ios

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

    Loading...