The owner of a popular restaurant along the Miami River secured a buyer for his Coconut Grove home, topping luxury sales activity in Miami-Dade County last week.
The deal is one of 12 contracts signed between Sept. 15 and Sept. 21, according to the latest Eklund-Gomes report, which tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The properties spent 265 days on the market, on average, a weekly increase.
Twenty-nine luxury listings were added to the market, for a total of 1,159 listings.
The previous week, buyers signed contracts for eight properties in Miami-Dade, asking a combined $53.4 million.
The asking dollar volume for the six single-family homes and six condos under contract last week totals $75.5 million, according to the report, which is authored by the Douglas Elliman team led by Fredrik Eklund and John Gomes.
The single-family homes that entered into contract last week have an average asking price of $5.8 million and spent an average of 152 days on the market. They total $35 million in asking dollar volume.
Lee Lyon, owner of Kiki On The River, is selling his 5,400-square-foot, five-bedroom and five-and-a-half-bathroom house at 3651 Saint Gaudens Road in Coconut Grove. It’s asking just under $10 million. The house sits on more than half an acre of land with an outdoor kitchen, cabana bathroom, pool and landscaping by Raymond Jungles. Douglas Elliman’s Devin Kay has the listing. Lyon paid $7.3 million for the home in 2023, records show. It was built in 2003 and later gut-renovated.
The condos that secured buyers last week have an average asking price of $6.8 million and spent 378 days on the market, on average. They total $40.6 million in asking dollar volume, or an average of $1,685 per square foot.
Unit 4005 at 17901 Collins Avenue, at the south tower of the Estates at Acqualina, is in contract for $13.8 million. The four-bedroom, six-and-a-half-bathroom condo was built in 2022 and it has 5,200 square feet of interior space. Douglas Elliman’s Lana Bell has the listing. Property records show a company led by Peter Bekkerman and Zhanna Basina paid $7.6 million for the unit when the building was completed. Bekkerman owned adult day care centers in New Jersey and has invested in other businesses.
Last week in New York, buyers signed contracts for 21 homes, according to the latest Olshan report. Their combined asking price is $144.5 million, and the typical home spent 610 days on the market.