Closing at Eighty Seven Park tops Miami’s weekly condo sales

Top 10 sales ranged from $2M to $9M

Unit 1605 at Eighty Seven Park in Miami Beach (Realtor.com)
Unit 1605 at Eighty Seven Park in Miami Beach (Realtor.com)

A more than $9 million closing at Eighty Seven Park, the luxury tower next to the collapse site in Surfside, topped weekly condo sales in Miami-Dade County last week.

Condo sales dollar volume for the week reached $114.4 million, compared to $124 million the week before, when the $23.8 million sale of a unit on Fisher Island led the way. Sales totaled 185, compared to 176 the previous week.

Condos sold for an average price of about $618,000, down from $705,000 the week before.

Unit 1605 at Eighty Seven Park in Miami Beach traded for $9.3 million, or $2,904 per square foot, marking at least the second sale since the tragic June collapse of the Surfside tower to its immediate north. The unit was on the market for 46 days before it sold. Diana Garchitorena represented the buyer and seller.

The second most-expensive condo sale was the $4.4 million trade of penthouse 2 at Bal Harbour 101. It was listed for 42 days before it closed for more than $1,300 per square foot. Asher Ouazanan was the listing agent, and Oren Alexander represented the buyer.

Here’s a breakdown of the top 10 sales from Oct. 17 to Oct. 23.

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Most expensive
Eighty Seven Park unit 1605 | 46 days on market | $9.3M | $2,904 psf | Listing and buyer’s agent: Diana Garchitorena

Least expensive
Carillon unit 2404 | 19 days on market | $2.4M | $1,116 psf | Listing agent: Tania De Jesus | Buyer’s agent: Ines Flax

Most days on market
Portofino Tower unit 4304 | 609 days on market | $3.2M | $1,569 psf | Listing and buyer’s agent: John Lennon

Fewest days on market
Carillon unit 2404 | 19 days on market | $2.4M | $1,116 psf | Listing agent: Tania De Jesus | Buyer’s agent: Ines Flax

(Source: condo.com)