A $45 million Bal Harbour mansion and a $32 million estate in Bay Point led signed contracts in Miami-Dade last week.
The deals are two of 25 luxury home contracts signed between June 15 and June 21, according to the weekly report by Douglas Elliman’s Eklund-Gomes team, which tracks listings in Miami-Dade above $4 million. Twenty single-family homes and five condos entered contracts last week, totaling $266.9 million in asking dollar volume, up $130 million from the previous week. The properties spent an average of 119 days on the market.
The single-family homes that entered contracts last week have an average asking price of $14.65 million and spent 109 days on the market. The asking dollar volume for those homes is $132 million.
The priciest single-family home to go under contract is a 10,800-square-foot mansion at 56 Bal Bay Drive. Saber South CEO Michael Klinger sold the property for $43 million, which was $2 million off the asking price and the biggest deal in the Bal Harbour area this year, The Real Deal previously reported. It was designed by Miami-based NMD Nomadas and listed by Douglas Elliman’s Dina Goldentayer and Joel Lusky of Brokerage South Florida. The home has seven bedrooms, eight and a half bathrooms, a pool and 100 feet of water frontage on the Intracoastal Waterway. Klinger bought the house for $15.4 million in 2022.
The waterfront mansion at 790 Lake Road followed closely behind, entering a contract with an asking price of $32 million. ATR Concepts developed the 7,000-square-foot property for Adonel Concrete CEO Luis García, who acquired the property in 2012. The home includes six bedrooms, seven and a half bathrooms, a summer kitchen, an infinity pool and a private dock. It was listed by Coldwell Banker Realty’s Ana Teresa Rodriguez.
The five condos under contract last week have an average asking price of $7.9 million and spent 74 days on the market. The total asking volume is $39.4 million.
Leading the condo contracts is a unit asking $10.5 million at 6800 Fisher Island Drive. The 3,600-square-foot condo is part of Palazzo Della Luna Residences and has three bedrooms, three and a half bathrooms and wrap-around terraces. The asking price amounts to $2,917 per square foot. Records show it last sold for $6.1 million in 2021.
Earlier this month, buyers in Miami-Dade signed 21 luxury home contracts with a total asking dollar volume of $171.9 million. Those properties spent an average of 153 days on the market.