Grove at Grand Bay closing tops weekly condo sales in Miami-Dade

Top 10 deals ranged from $2.7M to $19.3M

Grove at Grand Bay Closing Tops Miami-Dade Weekly Condo Sales
The Grove at Grand Bay at 2669 S Bayshore Drive in Miami (Google Maps)

Miami-Dade County condo sales surged last week. Total sales, dollar volume, average sale price and price per square foot all rose.

Brokers closed 163 condo sales totaling $140 million last week, compared to 116 sales totaling $82 million the previous week.

Units sold for an average price of $860,000, higher than the $706,000 from the week prior. The average price per square foot rose to $526 from $505, according to data from condo.com. Last week, condos closed after an average of 69 days on the market.

For the top 10 sales, prices ranged from $2.7 million to $19.3 million.

Grove at Grand Bay unit LPHS at 2675 South Bayshore Drive in Miami’s Coconut Grove took the top spot with a $19.3 million closing. The sale equated to $2,024 per square foot after 333 days on the market. Angel Nicolas with Compass represented both sides of the deal.

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

A condo at the Setai snagged second place with a $6.5 million sale. Unit 2501/02 at 101 20th Street in Miami Beach closed at $2,696 per square foot after 75 days on the market. Ronit Perez with Suma Luxury Realty had the listing. Linda Petushi and Dina Goldentayer, both with Douglas Elliman, represented the buyer.

Here’s a breakdown of the top 10 sales from Aug. 27 to Sep. 2:

Grove at Grand Bay Closing Tops Miami-Dade Weekly Condo Sales
(Condo.com)

Most Expensive

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Grove at Grand Bay, 2675 South Bayshore Drive, unit LPHS in Miami | Price $19,250,000 | $2,024 psf | Listing agent: Angel Nicolas with Compass | Buyer’s agent: Angel Nicolas with Compass | Days on market: 333

Least Expensive

Millenium, 18671 Collins Avenue, unit PH2 in Sunny Isles Beach | Price $2,700,000 | $944 psf | Listing agent: Alvaro Padron Nunez with Robert Slack LLC | Buyer’s agent: Fernando Lima with Corcoran | Days on market: 210

Highest Price Per Square Foot

Continuum on South Beach, 50 South Pointe Drive, unit 802 in Miami Beach | Price $6,500,000 | $2,968 psf | Listing agent: Dina Goldentayer with Douglas Elliman | Buyer’s agent: Gabriela Gonzalez Carrillo with London Foster Realty | Days on market: 334

Lowest Price Per Square Foot

Ten Museum Park, 1040 Biscayne Boulevard, unit 4203 in Miami | Price $3,400,000 | $853 psf | Listing agent: Jill Hertzberg with Coldwell Banker Realty | Buyer’s agent: Jordan Tyler Amato with One Sotheby’s International Realty | Days on market: 336

Most Days on Market

Ten Museum Park, 1040 Biscayne Boulevard, unit 4203 in Miami | Price $3,400,000 | $853 psf | Listing agent: Jill Hertzberg with Coldwell Banker Realty | Buyer’s agent: Jordan Tyler Amato with One Sotheby’s International Realty | Days on market: 336

Fewest Days on Market

Jade Beach, 17001 Collins Avenue, unit 4504 Sunny Isles Beach | Price $4,550,000 | $1,099 psf | Listing agent: Giulietta Ulloa with Berkshire Hathaway HomeServices EWM Realty | Buyer’s agent: Claudia Yaffe with Yaffe International Realty | Days on market: 42