Park Grove Closing Leads Miami-Dade Weekly Condo Sales
Miami-Dade County condo sales and dollar volume rebounded during the first full week after the fourth of July holiday.
Condo dollar volume reached $118 million last week, up from $56 million the week prior. Brokers closed 149 sales, likewise a jump from 90 sales closed the previous week. Condos sold for an average price of $795,000, higher than the $619,000 average a week earlier. The average price per square foot slipped to $534 from $1,125, according to data from condo.com.
A condo at Park Grove topped the charts. Unit UPH-A at 2821 South Bayshore Drive in Miami’s Coconut Grove sold for $17.5 million. Jessica Adams with One Sotheby’s International Realty had the listing, and Angelina Escorcia with Luxe Properties represented the buyer. The unit sold for $2,526 per square foot after 314 days on the market.
The Bath Club unit 1807, at 5959 Collins Avenue in Miami Beach, took second place at $4.6 million. Filippo Incorvaia with FL Real Estate Brokerage had the listing. Daniela Pellicciotti with Condoideas Realty Group represented the buyer. The condo spent 282 days on the market and sold for $1,555 per square foot.
Here’s a breakdown of the top 10 sales from July 9 to July 15:
Most Expensive
Park Grove, 2821 South Bayshore Drive, unit UPH-A in Miami | Price $17,500,000 | $2,526 psf | Listing agent: Jessica Adams with One Sotheby’s International Real Estate | Buyer’s agent: Angelina Escorcia with Luxe Properties | Days on market: 314
Least Expensive
Three Tequesta Point, 848 Brickell Key Drive, unit 3301 in Miami | Price $2,085,000 | $886 psf | Listing agent: Geane Brito with Compass Florida | Buyer’s agent: Geane Brito with Compass Florida | Days on market: 77
Highest Price Per Square Foot
Park Grove, 2821 South Bayshore Drive, unit UPH-A in Miami | Price $17,500,000 | $2,526 psf | Listing agent: Jessica Adams with One Sotheby’s International Real Estate | Buyer’s agent: Angelina Escorcia with Luxe Properties | Days on market: 314
Lowest Price Per Square Foot
Ocean Four, 17201 Collins Avenue, unit 1101 in Sunny Isles Beach | Price $2,380,000 | $864 psf | Listing agent: Vadim Yushkevich with Alpha Realty | Buyer’s agent: Marcia Stern with Premier Brokers International | Days on market: 212
Most Days on Market
Park Grove, 2821 South Bayshore Drive, unit UPH-A in Miami | Price $17,500,000 | $2,526 psf | Listing agent: Jessica Adams with One Sotheby’s International Real Estate | Buyer’s agent: Angelina Escorcia with Luxe Properties | Days on market: 314
Fewest Days on Market
Jade Ocean, 17121 Collins Avenue, unit 1201 in Sunny Isles Beach | Price $2,625,000 | $1,342 psf | Listing agent: Lourdes Patron Trueba with Patron Real Estate Solutions | Buyer’s agent: Jorge Valdes with Douglas Elliman | Days on market: 32
