Miami-Dade County rental profits report for January

Miami-Dade County rental profits report for January

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

Miami-Dade County rental product sales totaled $442 million in the to start with thirty day period of the 12 months, amid a slowdown in the nationwide housing marketplace in the wake of greater desire rates.

Brokers shut 637 condo income in January totaling $442 million, MLS info from Redfin displays. Sale rates ranged from $105,000 to $17 million, with a median sale value of $398,000. The price tag for each sq. foot ranged from $127 to $3,161, with a median of $418 per square foot.

It’s a mixed commence, since in December 867 revenue shut totaling $572 million. The median sale value rose in January from $360,000 in December. The median price tag for every square foot also rose in January, from $378 in December.

Device 201 at Arte Surfside, at 8955 Collins Avenue, clinched the title of priciest sale in January. Dina Goldentayer and Miltiadis Kastanis, both of those with Douglas Elliman, experienced the listing. Ohad Fisherman with Societe Actual Estate represented the purchaser in the $17 million offer, which breaks down to $2,437 for each square foot. The apartment used 671 days on the current market.

The sale price is $4 million much less than December’s best sale at Four Seasons Residences at the Surf Club, at 9001 Collins Avenue in Surfside. Unit S-607 fetched $21 million — or $5,319 for every sq. foot — immediately after expending 101 days on the market place, punctuating a strong conclusion to 2022.

The minimum high-priced January sale was for a rental at Providence at Doral, wherever device 1306 at 5300 Northwest 87th Avenue traded for $105,000, in accordance to Redfin. George Assal with ASLO Authentic Estate had the listing, and Jake Very little with Coldwell Banker represented the customer. The condo offered for $149 per square foot.

Most Expensive

Arte Surfside, 8955 Collins Avenue, device 201 | Selling price $17,000,000 | $2,437 psf | 12 months constructed: 2019 | Listing brokers: Dina Goldentayer and Miltiadis Kastanis, both with Douglas Elliman | Buyer’s agent: Ohad Fisherman with Societe Genuine Estate | Days on marketplace: 671

The very least Costly

Providence at Doral, 5300 Northwest 87th Avenue, device 1306 | Cost $105,000 | $149 psf | Calendar year constructed: 2008 | Listing agent: George Assal with ASLO Actual Estate | Buyer’s agent: Jake Very little with Coldwell Banker | Times on market place: 255

Greatest Selling price For each Square Foot

Fisher Island, 6800 Fisher Island Travel, device 6823 | Cost $15,500,000 | $3,161 psf | 12 months developed: 2019 | Listing brokers: Jill Eber and Jill Hertzberg with Coldwell Banker | Buyer’s agent: Karla Abaunza with Luxury Living Realty | Times on industry: 186

Most affordable Value For every Square Foot

Buckley Towers, 1351 Northeast Miami Gardens Push, Device 1125E | Price tag $145,000 | $127 psf | Yr built: 1969 | Listing agent: Veronica Crego-Flores with Genstone Realty | Buyer’s agent: Alex Colin with Luxe Attributes | Days on current market: 183

Latest Rental

Fusion at the Grove, 2841 Southwest 27th Road, Unit A | Price tag $850,000 | Value per square foot not provided | 12 months constructed: 2022 | Listing agent: Elena Kemper with Berkshire Hathaway HomeServices EWM Realty | Buyer’s agent: Rebecca Perez-Baez with Charleemax Realtors | Times on industry: 86

Oldest Condo

Arvilla, 1117 Euclid Avenue, unit 102 | Cost $380,000 | $495 psf | 12 months constructed: 1925 | Listing brokers: Irene Arditi and Nicolas Bailleul with New Wave Realty | Days on sector: 147

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