Miami-Dade County’s condo sales dollar volume dropped last week, as a closing at Murano at Portofino in Miami Beach led the way.
Brokers closed 120 condo sales totaling $75 million from Sept. 29th to Oct. 6th. The previous week, brokers also closed 120 condo sales, with the total reaching $93.8 million.
Last week’s units sold for an average of $625,291, lower than the $656,812 average price from the previous week. The average price per square foot rose to $501 from $475, according to data from Redfin.
For the top 10 sales, prices ranged from $1.3 million to $6.9 million.
Unit 301 at Murano at Portofino, at 1000 South Pointe Drive in Miami Beach, took the top spot with a $6.9 million closing. The sale closed at $2,036 per square foot after 183 days on the market. Denise Santos with Compass Florida had the listing, and Sildy Cervera with Cervera Real Estate represented the buyer.
Unit 57E at Millennium Tower Residence, at 1425 Brickell Avenue in Miami, closed for the second highest amount at $4.5 million, or $1,340 per square foot. Darren Weiner with Celebrity Advisors had the listing. Shakira Sanchez with Douglas Elliman represented the buyer. The sale closed after 134 days on the market.
Here’s a breakdown of the top 10 sales from Sept. 29th to Oct. 6th:
Most Expensive
Murano at Portofino, 1000 South Pointe Drive, unit 301, in Miami Beach | Price: $6,850,000 | $2,036 psf | Listing agent: Denise Santos with Compass Florida | Buyer’s agent: Sildy Cervera with Cervera Real Estate
Least Expensive
Roney Palace, 2301 Collins Avenue, unit 537, in Miami Beach | Price: $1,290,000 | $1,344 psf | Listing agent: Alan Perez with Compass | Buyer’s agent: Adi Zilberberg with Gary Hennes Realtors
Highest Price Per Square Foot
Murano at Portofino, 1000 South Pointe Drive, unit 301, in Miami Beach | Price: $6,850,000 | $2,036 psf | Listing agent: Denise Santos with Compass Florida | Buyer’s agent: Sildy Cervera with Cervera Real Estate
Lowest Price Per Square Foot
The Peninsula II, 3301 Northeast 183rd Street, unit 2306, in Aventura | Price: $1,745,000 | $495 psf | Listing agent: Lai Ming Lam with United Realty Group | Buyer’s agent: Geraldine Dayan with Compass Florida