CondoWatch Miami: Week of February 7th – 13th 2021

The Sunshine State is getting top dollar for Condos

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!

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About Author: Barbara Rosenberg