Broward condo sales slide in July to $269M

Riva unit took top spot at $4.6M

Miami skyline with downward arrows
(Illustration by The Real Deal with Getty)

Broward County’s condo sales and dollar volume continued to crumble in July.

Brokers closed 859 condo sales in Broward County totaling $269 million in July, down from 1,128 sales totaling $381 million in June, MLS data from Redfin show. July sale prices ranged from $54,000 to $4.6 million, with a median price of $241,000. The price per square foot ranged from $86 to $1,506, with a median of $234 — lower than June’s $241.

In June, prices ranged from $60,000 to $3.3 million, with a median price of $250,000. The price per square foot ranged from $82 to $2,064.

Riva topped July’s charts with a $4.6 million sale. Unit 1602 at 1180 North Federal Highway in Fort Lauderdale closed at $1,107 per square foot after 445 days on the market. Jonathan Howard and Melanie Kimpton, both with Douglas Elliman, had the listing. Juliana Moraes with Okkla Realty represented the buyer.

By contrast, a Deerfield Pines condo did the least to break the bank with a $54,000 short sale closing. Unit 220 at 1428 Southeast Fourth Avenue in Deerfield Beach spent 29 days on the market and closed at $54 per square foot. Mary Betancur with Prime Realty Services represented both sides of the deal.

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

Here are July’s notable Broward County condo sales: 

Most Expensive

Riva, 1180 North Federal Highway, unit 1602 in Fort Lauderdale | Price $4,625,000 | psf: $1,107 | Year built: 2018 | Listing agents: Jonathan Howard and Melanie Kimpton, both with Douglas Elliman | Buyer’s agent: Juliana Moraes with Okkla Realty

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Least Expensive

Deerfield Pines Condo, 1428 Southeast Fourth Avenue, unit 220 in Deerfield Beach | Price $54,000 | psf: $54 | Year built: 1973 | Listing agent: Mary Betancur with Prime Realty Services | Buyer’s agent: Mary Betancur with Prime Realty Services

Highest Price Per Square Foot

Villas By The Sea, 4510 El Mar Drive, unit 402 in Lauderdale-By-The-Sea | Price $2,995,000 | psf: $1,506 | Year built: 2016 | Listing agents: Gabrielle DiTommaso with Compass Florida | Buyer’s agent: Susan Gauthier with By The Sea Realty

Least Expensive

Deerfield Pines Condo, 1428 Southeast Fourth Avenue, unit 220 in Deerfield Beach | Price $54,000 | psf: $54 | Year built: 1973 | Listing agent: Mary Betancur with Prime Realty Services | Buyer’s agent: Mary Betancur with Prime Realty Services

Newest

Metropica North Tower One, 2000 Metropica Way, unit 1706 in Sunrise | Price $611,000 | psf: $582  | Year built: 2020 | Listing agent: Rosi Arriaga with Fortune International Realty | Buyer’s agent: Fortune International Realty

Oldest

Holiday Isle Yacht Club Condo, 741 Bayshore Drive Unit 32N in Fort Lauderdale | Price $365,500 | psf: $649  | Year built: 1951 | Listing agent: Lorne Sokoloff with Keller Williams Realty Services | Buyer’s agent: Eric Heyaime with Ryan Critch Real Estate