Miami-Dade weekly condo sales hit $124M, Fisher Island deal tops closings

Miami-Dade County’s condo sales and dollar volume rose last week, despite a drop in the average sale price.

Brokers closed 127 condo sales totaling $123.7 million from May 11 to May 18. The previous week, brokers closed 91 condo sales totaling $111.9 million.

Last week’s units sold for an average of $973,842, lower than the $1,230,121 average price from the previous week. The average price per square foot fell to $636 from $660, according to data from Redfin.

For the top 10 sales, prices ranged from $2.5 million to $16.2 million.

Unit 7012 at Palazzo Del Sol, at 7012 Fisher Island Drive in Miami Beach, took the top spot with a $16.2 million closing. The sale closed at $3,448 per square foot after 147 days on market.

Dora Puig with Luxe Living Realty had the listing, and Fredrik Eklund with Douglas Elliman brought the buyer.

Unit 15A at One Park Grove, at 2811 South Bayshore Drive in Miami, closed for the second highest amount, $12.5 million, or $3,850 per square foot after 143 days on market.

Jessica Adams with Elliman had the listing.

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

Here’s a breakdown of the top 10 sales from May 11 to May 18:

Most Expensive

Palazzo Del Sol, 7012 Fisher Island Drive, unit 7012, in Miami Beach | Price: $16,200,000 | $3,448 psf | Listing agent: Dora Puig with Luxe Living Realty | Buyer’s agent: Fredrik Eklund with Douglas Elliman

Least Expensive

Sereno Residences, 10201 East Bay Harbor Drive, unit 501, in Bay Harbor Islands | Price: $2,450,000 | $1,270 psf | Listing agents: Madeleine Romanello and Claudia Villar with Compass | Buyer’s agents: Madeleine Romanello and Claudia Villar with Compass