Miami-Dade County’s rental revenue surged by over $100 million past 7 days, as the selection of condos bought, common sale price tag and price for each sq. foot also rose.
Brokers shut 210 rental revenue totaling $162 million from Feb. 26th to Mar. 4th. The former 7 days, brokers closed 100 rental sales totaling $61 million.
Past week’s models offered for an normal of $772,868, increased than the $607,764 sale average from the earlier 7 days. The typical rate for every sq. foot rose to $536 from $495, in accordance to information from Redfin.
For the top rated 10 revenue, costs ranged from $2.9 million to $6.3 million.
Ritz-Carlton Residences, Miami Seashore device 621 at 4701 North Meridian Avenue in Miami Beach front took the best place with a $6.3 million closing. The rental marketed for $1,843 for every sq. foot after 93 times on the industry. Darin Tansey with Douglas Elliman had the listing. Stefania Cambarau, also with Douglas Elliman, represented the buyer.
A rental at the Tub Club at 5959 Collins Avenue in Miami Beach sold for the 2nd-optimum total. Unit 1003 shut at $6.1 million, or $1,676 for each sq. foot following 104 days on the sector. Byran Sereny and Monthly bill Hernandez, the two with Douglas Elliman, experienced the listing. Jason Sims with Serhant represented the buyer.
Here’s a breakdown of the prime 10 product sales from Feb. 26th to Mar. 4th:
Most Costly
Ritz-Carlton Residences, Miami Beach front, 4701 North Meridian Avenue, unit 621, in Miami Beach front | Selling price: $6,300,000 | $1,843 psf | Listing agent: Darin Tansey with Douglas Elliman | Buyer’s agent: Stefania Cambarau with Douglas Elliman
Least Pricey
Ritz-Carlton Residences, Sunny Isles Beach, 15701 Collins Avenue, unit 1003, in Sunny Isles Beach | Cost: $2,900,000 | $1,807 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
Missoni Baia, 700 Northeast 26th Terrace, unit 4801, in Miami | Price: $2,900,000 | $1,136 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
Highest Rate Per Sq. Foot
One particular Park Grove, 2811 South Bayshore Drive, device 14C, in Miami | Rate: $4,760,000 | $2,420 psf | Listing agent: Ceiliah Epner with Compass Florida | Buyer’s agent: Rose Harris with Just one Sotheby’s International Realty
Cheapest Cost For each Sq. Foot
Missoni Baia, 700 Northeast 26th Terrace, device 4801, in Miami | Price: $2,900,000 | $1,136 psf | Listing agent: Melissa Rubin with Compass Florida | Buyer’s agent: Nicole Gongee with Crystal Leigh Realty
