A waterfront home in Coral Gables asking nearly $16 million topped last week’s Eklund-Gomes signed contracts report in Miami-Dade County.
The renovated 8,305-square-foot, five-bedroom Cocoplum house at 361 Los Pinos Place is on the market with Douglas Elliman’s Lourdes Alatriste. Los Pinos 361 LLC, managed by Vladislava Finskaya of Opus Design, owns the half-acre property.
It previously traded for $4.2 million in 2018. The Coral Gables home was built in 1981 and expanded, most recently in 2022. It was designed by TAI Architecture and Opus Design, according to the listing.
The pending sale is one of 12 contracts marked in the Multiple Listing Service between Oct. 21 and Oct. 27, according to the report, which tracks listings of properties asking $4 million and up in Miami-Dade.
The asking dollar volume for the seven single-family homes and five condos totals $88.1 million, according to the report.
The top condo contract inked was at Five Park, a luxury condo tower being developed by Russell Galbut and David Martin’s companies. Unit 4402, a three-bedroom, three-and-a-half-bathroom condo at 500 Alton Road, is asking $9.3 million. It spans 2,930 square feet and is on the market with Elliman’s Anca Mirescu, according to the listing. The building has not yet recorded any closings.
The five condos had a combined asking price of $31.7 million and spent about 85 days on the market. They averaged nearly $1,800 per square foot.
The seven single-family homes that entered into contract last week had an average asking price of about $8 million and spent 150 days on the market. They totaled $56.4 million in asking dollar volume.
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The previous week, buyers signed contracts for 11 properties in Miami-Dade County, asking a combined $103 million.
Last week in New York, buyers signed contracts for 26 homes, according to the latest Olshan report. Their combined asking price was $269 million, and the typical home spent one day on the market, likely because of new development closings that were not listed publicly. Eklund-Gomes’ reports are modeled after Donna Olshan’s report that tracks new deals in Manhattan.