South Beach penthouse tops slow holiday week of pending sales

South Beach penthouse tops slow holiday week of pending sales


A penthouse at Murano Grande in South Beach led a slow week of new signed contracts in Miami-Dade County. 

The pending deal for the nearly $15 million condo marks the most expensive of 11 contracts signed in Miami-Dade between Nov. 24 and Nov. 30, 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 202 days on the market, on average. 

Thirty-two luxury listings were added to the market, for a total of 1,298 listings. 

The previous week, buyers signed contracts for 21 properties in Miami-Dade, asking a combined $179 million. 

The asking dollar volume for the six single-family homes and five condos under contract last week totals $86.2 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 million and spent an average of 184 days on the market. They total $41.2 million in asking dollar volume.

The five-bedroom, seven-bathroom house at 7305 Belle Meade Island Drive in Miami was the priciest home to secure a buyer last week. The 5,800-square-foot Belle Meade Island home is on the market for $11.5 million, or $1,921 per square foot, with Compass agent Geva Bar. Records show Emre Balci owns the half-acre property. Balci paid $8.2 million for the house in 2022. It was built in 1950. 

The condos that secured buyers last week have an average asking price of $8.9 million and spent 224 days on the market, on average. They total $44.3 million in asking dollar volume, or an average of $2,500 per square foot. 

The three-bedroom, four-bathroom Murano Grande penthouse, at 400 Alton Road, spans two stories and 5,300 square feet. It’s on the market with Jeff Miller of One Sotheby’s International Realty for $14.9 million, or $2,809 per square foot. Records show Mario Cesar Rodriguez owns penthouse A. Rodriguez paid $4.1 million for the unit in 2003. 

Last week in New York, buyers signed contracts for 19 homes, according to the latest Olshan report. Their combined asking price is $189.3 million, and the typical home spent 784 days on the market.

Read more

Residential

South Florida

Reality TV star’s $22M purchase in Miami’s Belle Meade tops busy week of signed contracts

4042 Island Estates Drive with Chad Carroll; 506 Sunset Drive with Ben Moss and Eric Torrente

Residential

South Florida

Cigar moguls find buyer for former Miami Heat player’s Coral Gables home

540 Leucandendra Drive and Judy Zeder and Nathan Zeder with the Jills Zeder Group at Coldwell Banker Realty

Residential

South Florida

Ocean Bank board member finds buyer for Gables Estates mansion asking $40M





Source link