Jorge Pérez’s former One Ocean penthouse tops Miami-Dade weekly condo sales 

Miami-Dade County’s condo sales rose at the end of June, while total dollar volume and price per square foot fell. An eight-figure penthouse sale at One Ocean led the way.

Brokers closed 190 condo sales totaling $142 million from June 24th to July 1st. The previous week, brokers closed 147 condo sales totaling $172 million.

Last week’s units sold for an average of $748,529, lower than the $1.1 million average price from the previous week. The average price per square foot fell to $517 from $598, according to data from Redfin.

For the top 10 sales, prices ranged from $3 million to $10 million. 

Related Group Chairman and CEO Jorge Pérez’s former penthouse at One Ocean, at 1 Collins Avenue in Miami Beach, took the top spot with a $10 million closing. Pérez had donated unit PH706 to the Miami Foundation in April, and the foundation just sold it for $2,995 per square foot. Jill and Daniel Hertzberg, both with Douglas Elliman, had the listing. Mick Duchon and Eloy Carmeante, both with Corcoran, represented the buyer.

Unit 301S at Oceana Key Biscayne, at 360 Ocean Drive in Key Biscayne, closed for the second highest amount, $8.5 million, or $2,238 per square foot. Giulio Vergani with Redilco International Real Estate had the listing. Devin Kay, Dana Rothman and Laura Preuss-Kühne of The Exclusive Group of Douglas Elliman brought the buyer.

Here’s a breakdown of the top 10 sales from June 24th to July 1st:

Most Expensive

One Ocean, 1 Collins Avenue, unit PH706, in Miami Beach | Price: $10,000,000 | $2,995 psf | Listing agents: Jill and Daniel Hertzberg, both with Douglas Elliman | Buyer’s agents: Mick Duchon and Eloy Carmenate, both with Corcoran

Least Expensive

Majestic Tower, 9601 Collins, unit 1009, in Bal Harbour | Price: $3,000,000 | $1,389 psf | Listing agent: Allen Davoudpour with Compass Florida | Buyer’s agent: Allen Davoudpour with Compass Florida

Highest Price Per Square Foot

One Ocean, 1 Collins Avenue, unit PH706, in Miami Beach | Price: $10,000,000 | $2,995 psf | Listing agents: Jill and Daniel Hertzberg, both with Douglas Elliman | Buyer’s agents: Mick Duchon and Eloy Carmenate, both with Corcoran

Lowest Price Per Square Foot

Santa Maria, 1643 Brickell Avenue, unit 3204, in Miami | Price: $4,470,000 | $1,109 psf | Listing agent: Andres Osorio with Miami New Realty | Buyer’s agent: Andrea Yurko with Cervera Real Estate

Read more

Commercial

South Florida

“Aggressive pricing”: Brickell landlords list sites at record asking prices 

Residential

South Florida

Residences at Armani/Casa closing tops Miami-Dade weekly condo sales 

Residential

South Florida

Holtzes’ Ritz-Carlton Residences, Miami Beach purchase tops Miami-Dade weekly condo sales