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Solemar closing tops Broward weekly condo sales

Top 10 sales ranged from $825K to $3.5M

Broward County Weekly Condo Report
Solemar at 1116 North Ocean Boulevard (Google Maps)
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Broward County’s condo sales and dollar volume rose last week. 

Brokers closed 152 condo sales totaling $57 million from Feb. 23 to Mar. 2. The previous week, brokers closed 101 condo sales totaling $32.6 million.

Last week’s units sold for an average of $374,763, higher than the $322,632 average price from the previous week. The average price per square foot rose to $295 from $269, according to data from Redfin.

For the top 10 sales, prices ranged from $825,000 to $3.5 million. 

Unit 701 at Solemar, at 1116 North Ocean Boulevard in Pompano Beach, took the top spot with a $3.5 million closing. The sale closed at $1,221 per square foot after 104 days on market.

David Marder with Compass had the listing, and Marisa DiLenge with Realty 100 brought the buyer.

Unit 1206 at Paramount Residences, at 701 North Fort Lauderdale Beach Boulevard in Fort Lauderdale, closed for the second highest amount, $2.8 million, or $1,136 per square foot after 194 days on market.

Reinaldo Cunha and Hans De Beer with Alrei Real Estate Services had the listing, and Joseph McFarlane with Reform Realty represented the buyer.

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

Here’s a breakdown of the top 10 sales from Feb. 23 to Mar. 2:

 

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Most Expensive

Solemar, 1116 North Ocean Boulevard, unit 701, in Pompano Beach | Price: $3,450,000 | $1,221 psf | Listing agent: David Marder with Compass | Buyer’s agent: Marisa DiLenge with Realty 100 

 

Least Expensive

Bayshore Towers, 511 Bayshore Drive, PH 10, in Fort Lauderdale | Price: $825,000 | $620 psf | Listing agent: Barbara Veitch with Galleria International Realty | Buyer’s agent: Gar Finnvold with Douglas Elliman

 

Highest Price Per Square Foot

Solemar, 1116 North Ocean Boulevard, unit 701, in Pompano Beach | Price: $3,450,000 | $1,221 psf | Listing agent: David Marder with Compass | Buyer’s agent: Marisa DiLenge with Realty 100 

 

Lowest Price Per Square Foot

Galleon, 4100 Galt Ocean Drive, unit 1108, in Fort Lauderdale | Price: $850,000 | $438 psf | Listing agent: Richard Bonvie with Bonvie Realty | Buyer’s agent: Stephen Kuttner with Castelli Real Estate Services

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