Miami-Dade County condo sales volume drops in May to $780M 

But deals were up slightly versus the previous month

Miami-Dade County May Condo Sales Report
Miami-Dade County (Illustration by The Real Deal with Getty)

Miami-Dade County’s condo sales rose last month, while dollar volume fell. A $17.8 million closing topped the county’s deals.

May condo sales totaled $780 million, falling from $849 million in April. Brokers closed 989 sales last month, up from 979 sales in April and 796 in March, Multiple Listing Service data from Redfin show.

May sale prices ranged from $75,000 to $17.8 million, with a median sale price of $410,000. The price per square foot ranged from $75 to $4,972, with a median of $444 per square foot.

In April, sales closed with a median price of $435,000, and $442 per square foot.

A $17.8 million closing at Continuum On South Beach took the title of priciest last month. In Miami Beach, 100 South Pointe Drive, unit 2203, sold for $3,727 per square foot after 60 days on the market.

Eddy Martinez, Crystal Connors and Roland Ortiz, all with One Sotheby’s International Realty had the listing. and Kevin Crego, with Compass, represented the buyer.

The sale price was less than April’s priciest deal. A $25 million penthouse closing at 57 Ocean in Miami Beach took the top spot.

In contrast, a Zurich condo at 13480 Northeast Sixth Avenue brought up the rear. Unit 116 traded for $75,000 — or $75 per square foot — after 203 days on the market. Carlos Gutierrez with LPT Realty represented both sides of the deal.

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

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

 

Most Expensive

Continuum On South Beach, 100 South Pointe Drive, unit 2203 in Miami Beach | Price $17,800,000 | $3,727 psf | Year built: 2002 | Listing agents: Eddy Martinez, Crystal Connors and Roland Ortiz, all with One Sotheby’s International Realty | Buyer’s agent: Kevin Crego, with Compass

 

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Least Expensive

Zurich, 13480 Northeast Sixth Avenue, unit 116 in North Miami | Price $75,000 | $88 psf | Year built: 1974 | Listing agent: Carlos Gutierrez with LPT Realty | Buyer’s agent: Carlos Gutierrez with LPT Realty

 

Highest Price Per Square Foot

Continuum On South Beach, 50 South Pointe Drive, unit 3401 in Miami Beach | Price $14,425,000 | $4,972 psf | Year built: 2008 | Listing agents: Eddy Martinez and Roland Ortiz, both with One Sotheby’s International Realty | Buyer’s agent: Lisa Sanders with ISG Realty

 

Lowest Price Per Square Foot

Cricket Club, 1800 Northeast 114th Street, unit 607 in Miami | Price $110,000 | $75 psf | Year built: 1975 | Listing agent: Georgeé Kluck with Keller Williams Eagle Realty | Buyer’s agent: Andrew Tassara with Berkshire Hathaway HomeServices EWM Realty

 

Newest

Perrine Manor, 11275 Southwest 189 Terrance, unit 11275 in Miami | Price $409,000 | Year built: 2024 | Listing agent: Salim Chraibi, with Brokers LLC | Buyer’s agent: Magela Rodriguez with Sync Brokerage

 

Oldest

1523 West, 1523 West Avenue, unit 302 in Miami Beach | Price $289,000 | $525 psf | Year built: 1924 | Listing agent: Araceli Kaba with Smart Luxe | Buyer’s agent: Giselle Agudelo with Julies Realty