Jade Signature closing tops Miami-Dade’s weekly condo sales

Top 10 sales ranged from $3.9M to $10.3M

Miami /
Jun.June 07, 2022 09:45 AM
The Jade Signature skyscraper in Miami (Herzog & de Meuron/Photo Illustration by Steven Dilakian for The Real Deal)

The Jade Signature skyscraper in Miami (Herzog & de Meuron/Photo Illustration by Steven Dilakian for The Real Deal)

Miami-Dade County condo sales bounced back at the start of June, with dollar volume, sales volume and average sale price higher than in the previous week.

Dollar volume last week totaled $225 million, up from $166 million the week before. Sales reached 249, compared with 228 the previous week.

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

Condos sold for an average price of about $902,000, up from $727,000 the week prior.

The top sale was a $10.3 million closing at Jade Signature in Sunny Isles Beach. Unit 5305 at 16901 Collins Avenue sold for $1,582 per square foot. Sandra Chartouni and Rita Collins with Fortune International Realty represented the seller, and Daniel Alitenssi with Prime International represented the buyer. That sale was also on the market the longest time — just short of three years at 1,060 days.

The second most expensive sale occurred at Bayview on Fisher Island in Miami Beach. Unit 5313 at 5313 Fisher Island Drive sold for $10 million, or $1,611 per square foot. Karla Abaunza with Luxury Living Realty represented both the buyer and seller.

Here’s a breakdown of the top 10 sales from May 29th to June 4th:

Most expensive

Jade Signature, 16901 Collins Avenue, unit 5305 | 1,060 days on the market | $10.3M | $1,582 psf | Listing agent: Sandra Chartouni with Fortune International Realty | Buyer’s agent: Daniel Alitenssi with Prime International

Least expensive

Oceana Key Biscayne, 360 Ocean Drive, unit 604S | 82 days on the market | $3.9M | $2,325 psf | Listing agent: Andrey Jimenez-Trushina with One Sotheby’s International Realty | Buyer’s agent: Nurit Edelman with Nurit Edelman Realty

Most days on market

Jade Signature, 16901 Collins Avenue, unit 5305 | 1,060 days on the market | $10.3M | $1,582 psf | Listing agent: Sandra Chartouni with Fortune International Realty | Buyer’s agent: Daniel Alitenssi with Prime International

Fewest days on market

Two Park Grove, 2821 South Bayshore Drive, unit 108 | 8 days on the market | $4M | $1,579 psf | Listing Agent: Pietro Belmonte with Douglas Elliman | Buyer’s agent: Rose Harris with One Sotheby’s International Realty

(Source: Condo.com)

(Source: Condo.com)





    Related Articles

    arrow_forward_ios
    rendering of the Nautilus 220 condo project with Developers Daniel Kodsi of Royal Palm Companies and Peter Baytarian, managing partner at Forest Development (LinkedIn, Forest Development, VS Studios)
    Forest Development, Royal Palm nab $269M condo construction loan
    Forest Development, Royal Palm nab $269M condo construction loan
    Ilya Karpov with 3026 North Bay Road
    Russian mogul Ilya Karpov buys waterfront North Bay Road home for $14M
    Russian mogul Ilya Karpov buys waterfront North Bay Road home for $14M
    Here are the resi projects planned for downtown Fort Lauderdale
    Here are the resi projects planned for downtown Fort Lauderdale
    Here are the resi projects planned for downtown Fort Lauderdale
    5700 Sunset Drive, 19M
    Sunrise investors buy South Miami retail building for $19M
    Sunrise investors buy South Miami retail building for $19M
    Long Light Capital's Justin Korsant with 45 East Dilido Drive (Getty, Mike Ruiz)
    Third time’s the charm: Waterfront Venetian Islands home flips for record $4,900 psf
    Third time’s the charm: Waterfront Venetian Islands home flips for record $4,900 psf
    Location Ventures founder and CEO Rishi Kapoor with a rendering of the Location Ventures proposed project on the left and a rendering of Codina Partners’ Regency Tower project on the right (Hamed Rodriguez Architect, Nichols Brosch Wurst Wolfe & Associates and Codina Partners, Location Ventures)
    Coral Gables OKs Armando Codina’s rental tower, Location Ventures’ condos
    Coral Gables OKs Armando Codina’s rental tower, Location Ventures’ condos
    Newgard's Harvey Hernandez, Lalezarian Properties’ Kevin Lalezarian and the Lofty Brickell and Miami World Tower projects (Newgard, Lalezarian Properties, Lofty Brickell, Miami World Tower)
    Lenders dole out $320M in construction financing for Brickell, Miami Worldcenter condo towers
    Lenders dole out $320M in construction financing for Brickell, Miami Worldcenter condo towers
    US HUD Secretary Marcia Fudge (Getty, iStock)
    A heavy crown: HUD secretary declares Miami “epicenter” of nation’s housing crisis
    A heavy crown: HUD secretary declares Miami “epicenter” of nation’s housing crisis
    arrow_forward_ios

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

    Loading...