Former Miami Dolphins player Andre Branch found a buyer for his condo at Ritz-Carlton Residences, Miami Beach.
Branch, whose full name is Orlandus Andre Branch III, owns unit 610, a 3,134-square-foot, three-bedroom condo at 4701 North Meridian Avenue. It’s on the market for nearly $5.2 million, with Douglas Elliman’s Julian Cohen. The retired NFL linebacker paid $3.6 million for the unit in 2021.
The pending sale tops the priciest condos to enter into contract last week in Miami-Dade County, according to the Eklund-Gomes report for the week of Sept. 9 to Sept. 15.
Seven residential contracts for properties in Miami-Dade County asking $4 million and more were recorded on the Multiple Listing Service, according to the report. The asking dollar volume for the five single-family homes and two condos totals nearly $58 million.
At the very top of the report is the waterfront single-family home at 345 North Hibiscus Drive in Miami Beach, asking $15.3 million. The 3,646-square-foot, three-bedroom and four-bathroom house on Hibiscus Island is listed with One Sotheby’s International Realty’s Allan Kleer and Fabian Garcia-Diaz. The home was built in 1952 on a half-acre lot and is likely a teardown. The family of Mary Jean Simcox, who has owned the property since 1978, is selling the house.
The single-family homes that went into contract last week total $48.3 million, average about $9.7 million and spent an average of about 232 days on the market. The longer days on market average is because the second priciest home was on the market for more than 1,000 days.
The two condos included in the report totaled $9.5 million in asking dollar volume. They averaged $1,281 per square foot, with an average asking price of about $4.8 million and an average of 90 days on the market.
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The previous week, buyers signed contracts for four properties in Miami-Dade County, asking a combined $53.2 million.
Last week in New York, buyers signed contracts for 23 homes, according to the latest Olshan report. Their combined asking price was almost $193.5 million, and the typical home spent 402 days on the market. Eklund-Gomes’ reports are modeled after Donna Olshan’s report that tracks new deals in Manhattan.