The Coral Gables home that was previously owned by former Miami Heat player Justise Winslow is under contract to a new owner.
The deal marks the second most expensive of 15 contracts signed in Miami-Dade County between Nov. 10 and Nov. 16, according to the latest Eklund-Gomes report. It 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 121 days on the market, on average.
Fifty-seven luxury listings were added to the market, for a total of 1,262 listings.
The previous week, buyers signed contracts for 12 properties in Miami-Dade, asking a combined $120 million.
The asking dollar volume for the nine single-family homes and six condos under contract last week totals $100.2 million, according to the report published 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 $7.8 million and spent an average of 96 days on the market. They total $30.3 million in asking dollar volume.
The pending sale of the waterfront home at 4042 Island Estates Drive in Aventura topped the report last week. The nearly 7,800-square-foot house, built in 2001, has five bedrooms, six bathrooms and two half-bathrooms. Compass agent Chad Carroll has the listing for the 0.4-acre property, which is asking nearly $15 million. Records show a company owned by Hillel Shohet paid $11.9 million for the home in 2022. The property includes a pool, spa, outdoor kitchen and 251 feet of water frontage.
The second priciest contract signed was for the non-waterfront Coral Gables house at 506 Sunset Drive, which is on the market with Compass’ Ben Moss and Eric Torrente for nearly $9 million. The six-bedroom, six-and-a-half-bathroom home spans 7,354 square feet. It was built in 2008 on a 0.7-acre lot. Property records show Geidy Leon, co-founder of Doral-based Miura Cigars, owns the home. Winslow sold the house to Leon and her husband, Jorge Leon, in 2022 for $5.5 million.
The condos that secured buyers last week have an average asking price of $5 million and spent 96 days on the market, on average. They total $30.3 million in asking dollar volume, or an average of $1,979 per square foot.
A condo at the Ritz-Carlton Bal Harbour marked the most expensive to enter into contract. Unit 1008 at 10295 Collins Avenue is asking $6.5 million or $2,350 per square foot. It is on the market with Keller Williams Realty Premier agent Fritz Wagor. Property records show a company led by private equity investor Jim Lim paid $4.5 million for the three-bedroom, three-and-a-half-bathroom condo in 2020. It spans 2,763 square feet.
Last week in New York, buyers signed contracts for 25 homes, according to the latest Olshan report. Their combined asking price is nearly $197.4 million, and the typical home spent 621 days on the market.
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