Reality star Sam Logan’s $22.1 million purchase of a waterfront home in Miami’s Belle Meade topped last week’s signed contracts report.
The deal marks the most expensive of 21 contracts signed in Miami-Dade County between Nov. 17 and Nov. 23, 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 196 days on the market, on average.
Fifty-seven luxury listings were added to the market, for a total of 1,294 listings.
The previous week, buyers signed contracts for 15 properties in Miami-Dade, asking a combined $100.2 million.
The asking dollar volume for the dozen single-family homes and nine condos under contract last week totals $179 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 $8.7 million and spent an average of 114 days on the market. They total $104.5 million in asking dollar volume.
Property records show spec developer Mohammed Hussain sold the 10,000-plus-square-foot Belle Meade mansion to Logan, who was a cast member on MTV’s “Siesta Key,” a reality show set in Sarasota that filmed from 2017 to 2023. The 0.4-acre property at 905 Belle Meade Island Drive was on the market for $25 million, and the sale was entered in the Multiple Listing Service last week, at the same time the deed was recorded. The home has seven bedrooms, eight and a half bathrooms, an eight-car garage, gym and spa. It was completed this year.
The condos that secured buyers last week have an average asking price of $8.3 million and spent 304 days on the market, on average. They total $74.4 million in asking dollar volume, or an average of $1,595 per square foot.
At the top of the nine new pending condo sales is the contract signed for the 4,154-square-foot, four-bedroom and three-and-a-half-bathroom unit at Apogee in Miami Beach. Alan and Nancy Manocherian of the New York-based Manocherian family own unit 1204 at 800 South Pointe Drive. The Manocherians are among the Persian families who rose to prominence in New York real estate during the 1970s. Julian Johnston of the Corcoran Group has the listing for the Apogee condo, which is on the market for $15 million.
Last week in New York, buyers signed contracts for 29 homes, according to the latest Olshan report. Their combined asking price is nearly $242.8 million, and the typical home spent 697 days on the market.
Read more
Residential
South Florida
Cigar moguls find buyer for former Miami Heat player’s Coral Gables home
Residential
South Florida
Ocean Bank board member finds buyer for Gables Estates mansion asking $40M
Residential
South Florida
NY developer, Lumber Liquidators founder find buyers for Miami Beach homes
