February condo sales in Palm Beach County reach $255M 

Palm Beach County condo sales totaled $255 million in February, slightly higher than January’s $237 million.

Brokers closed 581 condo sales last month, compared with 506 in January, MLS data from Redfin show. Sale prices ranged from $60,000 to $7.4 million, with a median price of $250,000. The price per square foot ranged from $43 to $3,645, with a median of $229.

In January, prices ranged from $55,000 to $21 million, with a median price of $260,000. The price per square foot ranged from $76 to $3,788, with a median of $237.

Sun and Surf, unit 611, at 100 Sunrise Avenue in Palm Beach snatched February’s title of priciest condo sale, with a $7.4 million closing after spending 91 days on the market. Fern Fodiman with Sotheby’s International Realty worked on both sides of the deal. The purchase came to $3,645 per square foot.

That sale price is a significant drop from January’s top sale of $21 million. Robert Garvy, founder and former CEO of Intech Investment Management, and his wife, Carol, sold unit 1901 at the Bristol at 1100 South Flagler Drive in West Palm Beach.

Southport at Hunters Run unit F at 37 Southport Lane was at the bottom of the charts, closing at $60,000 — or $43 per square foot — after spending 123 days on the market. Vivian Solomon with Best Connections Realty had the listing, and Iryna Talmachova Strong with Robert Slack LLC represented the buyer.

Here’s a breakdown of Palm Beach County’s February condo sales:

Most Expensive

Sun And Surf One Hundred And Thirty, 100 Sunrise Avenue unit 611 | Price $7,400,000 | $3,645 psf | Year built: 1977 | Listing agent: Fern Fodiman with Sotheby’s International Realty | Buyer’s agent: Fern Fodiman with Sotheby’s International Realty | Days on market: 91

Least Expensive

Southport AT Hunters Run, 37 Southport Lane, Unit F | Price $60,000 | $43 psf | Year built: 1980 | Listing agent: Vivian Solomon with Best Connections Realty | Buyer’s agent: Iryna Talmachova Strong with Robert Slack LLC | Days on market: 123

Highest Price Per Square Foot

Sun And Surf One Hundred And Thirty, 100 Sunrise Avenue unit 611 | Price $7,400,000 | $3,645 psf | Year built: 1977 | Listing agent: Fern Fodiman with Sotheby’s International Realty | Buyer’s agent: Fern Fodiman with Sotheby’s International Realty | Days on market: 91

Lowest Price Per Square Foot

Southport AT Hunters Run, 37 Southport Lane, Unit F | Price $60,000 | $43 psf | Year built: 1980 | Listing agent: Vivian Solomon with Best Connections Realty | Buyer’s agent: Iryna Talmachova Strong with Robert Slack LLC | Days on market: 123

Newest

Ocean Delray Condo, 1901 South Ocean Boulevard, unit 2 | Price $5,600,000 | $1,566 psf | Year built: 2021 | Listing agents: Pascal and Antonio Liguori with Premier Estate Properties | Buyer’s agent: William Bathurst with Premier Estate Properties | Days on market: 45

Oldest

Gulfstream Condo, 31 South Golfview Road, unit 8 | Price $115,000 | $307 psf | Year built: 1948 | Listing agent: Auli Marjatta Beliaev with Partnership Realty | Days on market: 12