A waterfront home on the Venetian Islands in Miami Beach, listed at $15.3 million, and a Bath Club condo owned by a Brazilian sugar executive led luxury contract signings in Miami-Dade County last week. According to the latest Eklund-Gomes report, which monitors listings priced at $4 million and above on the Multiple Listing Service, eight contracts were signed between September 8 and September 14.
The properties that went under contract averaged 121 days on the market. During this period, 42 new luxury listings were added in Miami-Dade, bringing the total number of available high-end homes to 1,163.
Compared to the prior week—when buyers signed contracts for 15 properties with a combined asking price of $114.2 million—last week’s activity reflected fewer deals. The six single-family homes and two condos that went under contract totaled $53.4 million in asking dollar volume.
The average asking price for single-family homes under contract was $7.2 million, with these homes spending about 128 days on the market and accounting for $43 million of the total volume.
The highest-priced home to secure a buyer was located at 315 East Rivo Alto Drive on the Venetian Islands. This property is a five-bedroom, five-and-a-half bathroom house spanning 4,387 square feet. It is listed by Dina Goldentayer of Douglas Elliman for $15.3 million; Joel Lusky of The Brokerage South Florida represents the buyer. Ownership records indicate that Tom Mooser manages the company selling this property; he previously purchased it for $8 million in 2021 and operates La Vaquita Flea Market in Pendergrass, Georgia.
Condominiums under contract had an average asking price of $5.2 million and spent approximately 133 days on market. Their combined asking dollar volume reached $10.4 million—an average of $1,410 per square foot.
The priciest condo deal involved Unit 1404 at The Bath Club (5959 Collins Avenue) in Miami Beach, which was listed at $5.9 million with Matias and Christina Alem from BRG International as agents. Records show Marcelo Campos Onetto—a vice chairman at São Martinho, a major Brazilian sugar conglomerate—manages the ownership company for this four-bedroom unit measuring 3,982 square feet ($1,482 per square foot).
For comparison, New York saw buyers sign contracts for eleven homes last week with a combined asking price of $70.3 million; those properties spent an average of 246 days on market.
