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Two City Plaza closing tops Palm Beach County weekly condo sales 

Top 10 sales ranged from $555K to $3M

Two City Plaza, 701 South Olive Avenue; Illustrated Properties' Frank Owen and Rhonda Shoumate (Getty, Illustrated Properties, Loopnet)
Two City Plaza, 701 South Olive Avenue; Illustrated Properties' Frank Owen and Rhonda Shoumate (Getty, Illustrated Properties, Loopnet)

Palm Beach County’s condo sales rose last week, while dollar volume fell.

Brokers closed 82 condo sales totaling $31.7 million from Nov. 17th to Nov. 24th. The previous week, brokers closed 62 condo sales totaling $50.2 million.

Last week’s units sold for an average of $386,830, lower than the $809,035 average price from the previous week. The average price per square foot fell to $288 from $397, according to data from Redfin.

For the top 10 sales, prices ranged from $555,308 to $3 million. 

Unit 1901 at Two City Plaza, at 701 South Olive Avenue in West Palm Beach, took the top spot with a $3 million closing. The sale closed at $1,000 per square foot after 84 days on the market. Frank Owen and Rhonda Shoumate, both with Illustrated Properties, had the listing. Colleen Foley with Luxe Life Realty represented the buyer.

Unit PH1903 at the Beach Front, at 4600 North Ocean Drive in Singer Island, closed for the second highest amount, $2.5 million, or $901 per square foot. Kevin Dickenson with Berkshire Hathaway HomeServices handled both sides of the deal.

 

   

   

  

  

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

Here’s a breakdown of the top 10 sales from Nov. 17th to Nov. 24th:

Most Expensive

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Two City Plaza, 701 South Olive Avenue, unit 1901, in West Palm Beach | Price: $3,000,000 | $1,000 psf | Listing agents: Frank Owen and Rhonda Shoumate, both with Illustrated Properties | Buyer’s agent: Colleen Foley with Luxe Life Realty

Least Expensive

Seagate Of Highland, 3310 South Ocean Boulevard, unit 232-D, in Highland Beach | Price: $555,308 | $448 psf | Listing agent: Derek West with Coldwell Banker | Buyer’s agent: Scott Porter with John P. O’Grady LLC

Highest Price Per Square Foot

Everglades Plaza, 170 Chilean Avenue, unit 6b, in Palm Beach | Price: $1,600,000 | $1,332 psf | Listing agent: Jacob Kodner with Provident Realty of South Florida | Buyer’s agent: Kristina McPherson with Compass Florida 

Lowest Price Per Square Foot

Boca Flores, 9135 Passiflora Way, unit 102, in Boca Raton | Price: $745,000 | $389 psf | Listing agent: Rochelle LeCavalier with Douglas Elliman | Buyer’s agent: Diana Fairbanks with Balistreri Real Estate

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