Condo sales in Miami-Dade County decreased last week, with brokers closing 80 transactions totaling $82.3 million between August 4 and August 10. This marked a drop from the previous week, when 97 condo sales were completed for a total of $104.6 million.
The average price per unit fell to about $1.03 million, down from $1.08 million the prior week. The average price per square foot also declined to $563 from $570, according to data from Redfin.
Among the top 10 condo sales last week, prices ranged from $1.7 million to nearly $14.8 million.
The highest sale was unit #5103 at Jade Signature, located at 16901 Collins Avenue in Sunny Isles Beach, which closed for $14.8 million or about $2,605 per square foot after spending 91 days on the market. Rejane Gomes de Paula with Fortune Christie’s International Real Estate listed the property, while Abe Ash with Multivest Realty represented the buyer.
The second most expensive transaction was for unit #7255 at Oceanside on Fisher Island Drive in Miami Beach, which sold for $9 million or approximately $2,866 per square foot. Denise Levine with Denise LeVine Realty handled the listing and Jill Eber with Coldwell Banker Realty represented the buyer.
Other notable sales included:
– Cape Florida Club at 288 Sea View Drive Unit C2 in Key Biscayne sold for about $1.67 million ($925 per square foot). Patricia Romano and Patricia Peraita with Coldwell Banker Realty were listing agents; Heide Arguelles with Keys Gate Realty represented the buyer.
– Epic West at 200 Biscayne Boulevard Way #4702 in Miami closed for approximately $1.75 million ($712 per square foot), listed by Iria Zarraga with Fortune Christie’s International Real Estate and purchased through Erica Tarafa of The Keyes Company.
