Arte Surfside at 8955 Collins Avenue (Google Maps)
As soon as yet again, Arte Surfside topped the charts very last week in Miami-Dade County, and proved to be a dazzling location in a sagging marketplace.
Dina Goldentayer and Miltiadis Kastanis, the two with Douglas Elliman, experienced the listing for unit 201 at 8955 Collins Avenue in Surfside. Ohad Fisherman with Societe Serious Estate represented the consumer in the $17 million offer.
It is the next time the Surfside condo tower topped the weekly apartment product sales chart in as quite a few months. In late December, a penthouse that was initially purchased with crypto bought for $18 million, at a loss, and also took to start with position.
Previous week’s major sale also furthers the trend of the major a single or two gross sales beating the remainder of the prime 10 by a broad margin. The next place sale past 7 days, unit 1802 at Residences by Armani/Casa, at 18975 Collins Avenue in Sunny Isles Seaside, notched $4.1 million. Mariana Niro with Douglas Elliman experienced the listing, and Flavia Caltabiano with Compass Florida worked with the purchaser.
The week prior, a closing at Palazzo Della Luna notched $15.5 million in the leading sale, dropping to the second position sale of $7 million. The 7 days ahead of that, Grove at Grand Bay and Just one Thousand Museum every single tied for the top rated spot with a $7.6 million sale, with the relaxation of the leading 10 profits dropping to $3 million and beneath.
In addition to the best 10 income, the broader apartment industry is displaying cracks: Overall profits price tag, ordinary sale selling price, and selling price for every sq. foot all slid very last 7 days.
Charges for the major 10 gross sales past 7 days ranged from $1.3 million to $17 million.
The 7 days prior they ranged from $2.4 million to $15.5 million. Ninety-a few condos traded past week, immediately after paying an typical of 83 days on the market, in accordance to apartment.com. Complete product sales clocked in at $73 million, with an common sale price tag of $785,288, or $559 for each square foot.
The 7 days prior, 94 condos sold for an average sale selling price $990,646, or $593 for every square foot, after shelling out 69 times on the market place. Product sales totaled $93 million.
Here’s a breakdown of the prime 10 sales from Jan. 22nd to Jan. 28th:
Most costly
Arte Surfside, 8955 Collins Avenue, device 201 | 671 times on the market | $17M | $2,437 psf | Listing agents: Dina Goldentayer and Miltiadis Kastanis, both of those with Douglas Elliman | Buyer’s agent: Ohad Fisherman with Societe Serious Estate
The very least costly
Sereno, 10201 East Bay Harbor Push, unit 306 | 4 days on the industry | $1.3M | $1,218 psf | Listing agent: Batsheva Rivkin with A person Sotheby’s Intercontinental Realty | Buyer’s agent: Batsheva Rivkin with A person Sotheby’s Worldwide Realty
Most days on market place
Arte Surfside, 8955 Collins Avenue, device 201 | 671 days on the current market | $17M | $2,437 psf | Listing agents: Dina Goldentayer and Miltiadis Kastanis, each with Douglas Elliman | Buyer’s agent: Ohad Fisherman with Societe Serious Estate
Fewest days on industry
Ocean A person Apartment, 19333 Collins Avenue, unit 1207 | 1 day on the market place | $1.6M | $930 psf | Listing agent: Joanna Jimenez with Compass Florida | Buyer’s agent: Adriana Faerman with Compass Florida
