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Waterfront Miami Beach estate asking $35M tops signed contracts 

Luxury single-family homes outperformed condos last week

Waterfront Miami Beach Home Asking $35M Tops Signed Contracts
One Sotheby’s Michael LeDuc, Mirce Curkoski, Albert Justo and Claudine Coto and Leon Medical Centers's Benjamin Leon Jr. with 1350 West 29th Street and 4 Harbor Point (One Sotheby’s International Realty, The Cuban Studies Institute, Florent Longetti, 1Oak Studios, Getty)

The pending sale of a Miami Beach waterfront estate asking $34.5 million topped last week’s signed contracts report in Miami-Dade County. 

Edmond and Robin Leidesdorf secured a buyer for their 10-bedroom, seven-and-a-half-bathroom home at 1350 West 29th Street, near North Bay Road and the Sunset Islands, property records show. 

The nearly 7,400-square-foot house sits on a 0.6-acre lot. It’s on the market with Michael LeDuc, Mirce Curkoski and Albert Justo with The Waterfront Team at One Sotheby’s International Realty. The Mediterranean-style property includes 325 feet of water frontage and two docks. 

The pending sale is one of 10 contracts marked in the Multiple Listing Service between Nov. 18 and Nov. 24, according to the Eklund-Gomes report, which tracks listings of properties asking $4 million and up in Miami-Dade. It’s authored by the Douglas Elliman mega team led by Fredrik Eklund and John Gomes. 

The asking dollar volume for the eight single-family homes and two condos totals $123.6 million, according to the report. 

The single-family homes that entered into contract last week had an average asking price of about $12.8 million and spent an average of 157 days on the market. They totaled $102.6 million in asking dollar volume.

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The second priciest home to enter into contract is the seven-bedroom, seven-bathroom house at 4 Harbor Point in Key Biscayne. A company led by Leon Medical Centers founder Benjamin Leon Jr. owns the half-acre property. The waterfront 3,890-square-foot house is on the market with One Sotheby’s agent Claudine Coto for nearly $15 million. 

The condos had a combined asking price of $21 million and spent an average of about 136 days on the market. They averaged nearly $2,700 per square foot. 

The priciest condo to find a buyer last week was a unit at Bayview at Fisher Island. Carolina Pueyo, also a One Sotheby’s agent, is listing the unit at 5123 Fisher Island Drive for $10.8 million. The four-bedroom, four-and-a-half-bathroom condo spans 3,580 square feet. 

The previous week, buyers signed contracts for 12 properties in Miami-Dade, asking a combined $114 million.

Last week in New York, buyers signed contracts for 22 homes, according to the latest Olshan report. Their combined asking price was $220.6 million, and the typical home spent 630 days on the market. Eklund-Gomes’ reports are modeled after Donna Olshan’s report that tracks new deals in Manhattan.

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