Five Park closing tops Miami-Dade weekly condo sales

Miami-Dade County’s condo sales and dollar volume rose last week.

Brokers closed 157 condo sales totaling $136.9 million from April 27 to May 4. The previous week, brokers closed 109 condo sales totaling $106 million.

Last week’s units sold for an average of $871,712, lower than the $972,843 average price from the previous week. The average price per square foot fell to $568 from $589, according to data from Redfin.

For the top 10 sales, prices ranged from $3 million to $7.3 million.

Unit 3701 at Five Park, at 500 Alton Road in Miami Beach, took the top spot with a $7.3 million closing. The sale closed at $2,291 per square foot after 147 days on market.

Cari Cascio and Pietro Belmonte with Douglas Elliman had the listing, and Renee Hover with Douglas Elliman represented the buyer.

Unit 2404S at St. Regis Bal Harbour, at 9701 Collins Avenue in Bal Harbour, closed for the second highest amount, $7.2 million, or $2,398 per square foot after 186 days on market.

Dilyara Kudrinas with Soflo International Realty had the listing, and Ryan Mendell with Maxwell E Realty brought the buyer.

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

Here’s a breakdown of the top 10 sales from April 27 to May 4:

Most Expensive

Five Park, 500 Alton Road, unit 3701, in Miami Beach | Price: $7,300,000 | $2,291 psf | Listing agents: Cari Cascio and Pietro Belmonte with Douglas Elliman | Buyer’s agent: Renee Hover with Douglas Elliman

Least Expensive

Setai Resort & Residences, 101 20th Street, unit 3304, in Miami Beach | Price: $3,000,000 | $2,629 psf | Listing agent: Ryan Mendell with Maxwell E Realty | Buyer’s agent: Diana Garchitorena with Douglas Elliman

Highest Price Per Square Foot

Lowest Price Per Square Foot

Privé at Island Estates, 5500 Island Estates Drive, unit 908, in Aventura | Price: $4,000,000 | $1,090 psf | Listing agent: Chad Carroll with Compass | Buyer’s agent: Scot Drucker with Compass

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