M Presidential Place closing tops Palm Beach County weekly condo sales

$8M Presidential Place closing tops Palm Beach County weekly condo sales



Palm Beach County’s condo sales and dollar volume rose last week. 

Brokers closed 74 condo sales totaling $42.8 million from Aug. 18 to Aug. 24. That’s up from 64 condo sales totaling $31.4 million the week prior.  

Last week’s units sold for an average of $578,767, higher than the $491,305 average price from the previous week. The average price per square foot fell to $316 from $328, according to data from Redfin.

For the top 10 sales, prices ranged from $1 million to $7.7 million. 

Unit 205 at Presidential Place, at 800 South Ocean Boulevard in Boca Raton, took the top spot with a $7.7 million closing. The sale closed at $1,617 per square foot after 240 days on the market.

Senada Adzem with Douglas Elliman had the listing, and Todd Lipsich with Luxury Partners Realty brought the buyer.

Unit E1 at 330 Ocean, at 330 South Ocean Boulevard in Palm Beach, closed for the second highest amount, $3.5 million, or $1,762 per square foot after 266 days on market.

Patricia Mahaney with Sotheby’s International Realty had the listing, and Maria Fanjul-Ryan with Tina Fanjul Associates represented the buyer.

Here’s a breakdown of the top 10 sales from Aug. 18 to Aug. 24:

Most Expensive

Presidential Place, 800 South Ocean Boulevard, unit 205, in Boca Raton | Price: $7,675,000 | $1,617 psf | Listing agent: Senada Adzem with Douglas Elliman | Buyer’s agent: Todd Lipsich with Luxury Partners Realty

Least Expensive

111 First Delray Condo, 111 Southeast 1st Avenue, unit 411, in Delray Beach | Price: $1,025,000 | $1,014 psf | Listing agents: Pascal Liguori and Antonio Liguori with Premier Estate Properties | Buyer’s agent: Katherine Degroot with Lehmann Realty

330 Ocean, 330 South Ocean Boulevard, unit E1, in Palm Beach | Price: $3,517,550 | $1,762 psf | Listing agent: Patricia Mahaney with Sotheby’s International Realty | Buyer’s agent: Maria Fanjul-Ryan with Tina Fanjul Associates

Jupiter Country Club, 242 Tresana Boulevard, unit 70, in Jupiter | Price: $1,150,000 | $378 psf | Listing agent: Jennifer Burke with Coldwell Banker Realty | Buyer’s agent: Kathleen Smuts with WildFlower Real Estate

 

  

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





Source link