A nearly $18 million waterfront house in Miami Beach secured a buyer, topping last week’s signed contracts report.
Twenty-one contracts were marked in the Multiple Listing Service between Feb. 17 and Feb. 23. The Eklund-Gomes report tracks listings of properties asking $4 million and up countywide.
Forty-seven luxury listings were added to the market, for a total of 1,325 listings.
The asking dollar volume for the eight single-family homes and 13 condos under contract totals nearly $184 million, according to the report, which is authored by the Douglas Elliman star-studded team led by Fredrik Eklund and John Gomes. The team said its agents are involved in nearly one-third of the new pending deals recorded in the MLS last week.
The single-family homes that entered into contract last week had an average asking price of $11.3 million and spent an average of 134 days on the market. They totaled $90.5 million in asking dollar volume.
The top property is a waterfront 6,600-square-foot house at 2901 Flamingo Drive in Miami Beach. The five-bedroom, five-and-a-half-bathroom home sits on a nearly half-acre lot. Related Group executive Steve Patterson sold the property to a Delaware entity in 2023 for $14.8 million. Jeri Jenkins and Brian Alexander of Coldwell Banker have the listing.
The condos that secured buyers last week had an average asking price of $7.2 million and spent 128 days on the market, on average. They totaled $93 million in asking dollar volume.
The priciest condo to secure a buyer is a four-bedroom, five-and-a-half-bathroom unit at Regalia, a luxury tower in Sunny Isles Beach. The 4,992-square-foot condo, unit 28 at 19575 Collins Avenue, is on the market with Irina Sang of Atlantic VIP Realty Group. A hidden entity paid $8.6 million for the condo in 2014.
The previous week, buyers signed contracts for 14 properties in Miami-Dade, asking a combined $170 million.
Last week in New York, buyers signed contracts for 17 homes, according to the latest Olshan report. Their combined asking price was $150 million, and the typical home spent 837 days on the market.
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