Miami-Dade condo sales volume rises in November to $504M

However, the number of closings fell to 672 from 772 in October

Miami-Dade County’s condo sales volume rose to $504 million in November.

November condo sales totaled $504 million, up from $481 million in October. Brokers closed 672 sales last month, down from 772 sales in October and 809 in September, MLS data from Redfin show.

November sale prices ranged from $83,000 to $19.3 million, with a median sale price of $400,000. The price per square foot ranged between $94 to $4,631, with a median of $413 per square foot.

A $19.3 million closing at Apogee took the title of priciest sale last month. Unit 1504 at 800 South Pointe Drive in Miami Beach traded for $4,631 per square foot after 68 days on the market. Hillary and Daniel Hertzberg with Coldwell Banker had the listing, and Leah Barney with Official represented the buyer.

The sale price topped October’s priciest sale. Pizza mogul and Massachusetts commercial real estate developer Sal Lupoli and his wife, Kathleen, paid $14.2 million for Fisher Island unit 5373 at 5373 Fisher Island Drive in October

In contrast, November’s cheapest sale was an Ola Condo in Miami, at 15201 Northeast Sixth Avenue. Unit C110 traded for $83,000 — or $112 per square foot — after 25 days on the market. Elena Espino with KoRes Virtual Realty handled both sides of the deal.

 

   

   

  

  

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

Here’s a breakdown of November’s notable condo sales:

Most Expensive

Apogee, 800 South Pointe Drive, unit 1504, in Miami Beach | Price $19,250,000 | $4,631 psf | Year built: 2008 | Listing agents: Hillary and Daniel Hertzberg with Coldwell Banker | Buyer’s agent: Leah Barney with Official

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Least Expensive

Ola, 15201 Northeast Sixth Avenue, Unit C110, in Miami | Price $83,000 | $112 psf | Year built: 1967 Listing agent: Elena Espino with KoRes Virtual Realty | Buyer’s agent: Elena Espino with KoRes Virtual Realty

Highest Price Per Square Foot

Apogee, 800 South Pointe Drive, unit 1504, in Miami Beach | Price $19,250,000 | $4,631 psf | Year built: 2008 | Listing agents: Hillary and Daniel Hertzberg with Coldwell Banker | Buyer’s agent: Leah Barney with Official

Lowest Price Per Square Foot

Alton Beach Bay Front Residences, 1310 15th Street, unit 4, in Miami Beach | Price $400,000 | $94 psf | Year built: 1947 | Listing agent: Daniela Bonetti with One Sotheby’s International Realty | Buyer’s agent: Janelle Jay with Compass Florida

Newest

Estates at Acqualina, 17975 Collins Avenue, unit 2001, in Sunny Isles Beach | Price $11,950,000 | Year built: 2023 | Listing agent: Yansy Checa with Acqualina Realty | Buyer’s agents: Lenore Aguirre-Sibilo and George Khoury, both with GK Realty

Oldest

The Fountain, 334 Euclid Avenue, unit 303, in Miami Beach | Price $420,000 | $972 psf | Year built: 1924 | Listing agent: Shayna Hanson with One Sotheby’s International Realty | Buyer’s agent: Giorgio Picinelli with SOBE International Realty

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