It was a great week for the The Miami Dade condo market with a reported 139 transactions for the second week in February. Total sales volume was a whopping $134,159,742.40 and an Average Sale Price of $965,178.00 or $436.04 per square foot.
The top condo sale of the week was a spacious unit at Palazzo del Sol on Fisher Island in Miami Beach. This 10,179 square foot condo at 7000 Fisher Island Drive sold for $20,000,000 or $1,964.83 per square foot. The property was sold by Dora Puig after 69 days on the market. David Siddons represented both the Buyer and Seller at the $2,600,000 sale at Two Park Grove after only 33 days on the market.
What is interesting to note is the $2,955.41 per square foot sale at the gorgeous Surf Club in Surfside. Everyone wants to be in south Florida…and they’re willing to pay top dollar to bask in the sunshine!