Miami-Dade County’s condo sales and dollar volume slid last week, compared to the week prior, while the price per square foot rose.
Brokers closed 135 condo sales totaling $141 million from April 8th to April 15th. The previous week, brokers closed 172 condo sales totaling $157 million.
Last week’s units sold for an average price of $1,044,934, higher than the $912,680 average from the previous week. The average price per square foot rose to $611 from $574, according to data from Redfin.
For the top 10 sales, prices ranged from $3 million to $25 million.
Oceanfront penthouses led the way.
A penthouse at 57 Ocean snatched last week’s place for the priciest sale. Unit PH-2 at 5775 Collins Avenue in Miami Beach took the top spot with a $25 million closing after 161 days on the market. The sale closed at $3,869 per square foot. Dina Goldentayer with Douglas Elliman had the listing. Christopher Jude with PGutman represented the buyer.
A penthouse at Oceana Key Biscayne, at 350 Ocean Drive in Key Biscayne, closed for the second highest amount at $8.3 million. Elliot Lee and Lina Barcelo, both with Douglas Elliman, had the listing for unit PH-2. Ana Yeager with Compass Florida represented the buyer. The sale closed after 170 days on the market at $2,464 per square foot.
Here’s a breakdown of the top 10 sales from April 8th to April 15th:
Most Expensive
57 Ocean, 5775 Collins Avenue, unit PH-2, in Miami Beach | Price: $25,000,000 | $3,869 psf | Listing agent: Dina Goldentayer with Douglas Elliman | Buyer’s agent: Christopher Jude with PGutman
Least Expensive
Continuum on South Beach, 100 South Pointe Drive, unit 702, in Miami Beach | Price: $3,050,000 | $2,540 psf | Listing agents: Sheila Rojas with Brown Harris Stevens, Timothy Allen with Blackstone International Realty | Buyer’s agent: Timothy Allen with Blackstone International Realty
Highest Price Per Square Foot
57 Ocean, 5775 Collins Avenue, unit PH-2, in Miami Beach | Price: $25,000,000 | $3,869 psf | Listing agent: Dina Goldentayer with Douglas Elliman | Buyer’s agent: Christopher Jude with PGutman
Lowest Price Per Square Foot
Star Lofts on The Bay, 700 Northeast 25th Street, unit PH2, in Miami | Price: $4,500,000 | $715 psf | Listing agent: Mendel Felling with Compass Florida | Buyer’s agent: Goritza Draskovich with Fortune International Realty
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