CondoWatch: Miami – Week of July 31 – August 6, 2022

Sales are up once again with more than $110 Million in closings last week. The highest sale at $12,500,000 was the fabulous full-floor Penthouse at the Muse on Sunny Isles. This 4 bedroom “Mansion-in-the-Sky” features an expansive outdoor terrace with summer kitchen, panoramic views, first class finishes, fitness center and resort-style pool. Billy Hernandez represented the Seller and Mariam Kaira brought the buyer. The second highest sale at $6,300,000 was unit unit 507 at One Ocean on Miami Beach. Represented by Jonathan Corso, this 5 bedroom, 5.5 home enjoys beautiful ocean views, Italian cabinetry, Wolf appliances, private elevator foyer and amenities including Zen garden, infinity pool, beach club, valet and concierge. The third largest sale at $5,000,000 was unit 1204 at the beautiful Ocean Tower Three on Key Biscayne. Represented by Monica Ferragut and Denise Haas, this 3 bedroom, 4.5 bath Hinojosa custom-designed and furnished home features oak flooring, Boffi kitchen, top of the line appliances, smart technology, beachfront restaurants, gym, spa and tennis. Big numbers once again with 166 Sales totaling $110,635,825. The Average Sale Price was $666,480 and 50 Days on Market.

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