The Week in Luxury: A Map of Miami-Dade’s Priciest Condo SalesApril 24, 2018
Condo sales in Miami-Dade dipped during the second week of April.
The County recorded 127 closings for a total of $51 million, down slightly compared to the previous week’s $53 million sales volume for 148 units. Condos last week sold for an average price of about $405,000 or $311 per square foot.
The most expensive closing was for Unit 1440 at 1 Hotel & Homes South Beach. Andrew Katz from WiseCat Realtors Miami represented the buyer. The 2,233-square-foot, three-bedroom condo sold for about $2,240 per square foot. Katz ensured his client received the full Penthouse Furniture Package and negotiated an additional 6% Discount – way to go Andy Katz!
The second priciest deal was the $2.64 million sale of unit 1101 at Bal Harbour 101. The 3,300-square-foot condo sold for more than $800 per square foot. Leeor Bar-Haim represented the buyer and seller.
Closing prices in the top 10 deals ranged from $880,000 to $5 million. Here’s a breakdown of the top 10 sales from April 8 to April 14. Click on the map for more information:
1 Hotel & Homes #1440, Miami Beach | 107 days on market | $5M | $2,239 psf | Listing agent: Tracy Galya | Buyer’s agent: Andrew Katz
The Tiffany #506, Bal Harbour | 69 days on market | $880k | $436 psf | Listing agent: Sarah Sheridan | Buyer’s agent: Brandee Goldstein
Most days on market
Commodore Club #900, Key Biscayne | 282 days on market | $2.13M | $1,104 psf | Listing agent: Linda Chehab | Buyer’s agent: Camilo Hidalgo Salazar
Fewest days on market
Roney Palace #1226, Miami Beach | 1 day on market | $922k | $781 psf | Listing agent: Mercedes Saewitz | Buyer’s agent: Mara Boccolini