CondoWatch: Miami – Week of October

Condo sales in South Florida declined quite a bit from previous weeks with only 127 Closings totaling $80,707,505. The highest sale was unit 4702 at Residences by Armani Casa in Sunny Isles at $4,850,000. This elegant 4 bedroom, 5.5 bath plus Library/Den home was designed by Hernan Arriaga and offered fully furnished. In addition to the spectacular sunrise and sunset views from the east and west-facing terraces, there is an open kitchen with marble countertops, high-end appliances, porcelain floors and finished closets. The full service building has incredible amenities including 24 hour concierge, private cabanas, full-service restaurant, world-class spa, oceanfront pool deck and gorgeous landscaped grounds. Fabio Lopes represented the Seller and Sergio Waissmann brought the Buyer. The second highest sale was residence 4701 at Biscayne Beach in Miami for $3,500,000. The spectacular 3 bedroom (plus Den) furnished Penthouse enjoys incredible views, custom wood floors, wine cellar, chef’s kitchen and resort-style amenities. The Selling Agent was Monica Defortuna and the Buyer was represented by Lourdes Gutierrez. The third highest sale was in Key Biscayne where Grand Bay Tower 1107 sold for $3,450,000. Monica Slodarz represented the sale of this completely remodeled 3 Bedroom, 4 Bath home that comes with expansive heated pool, private beach access, spa, tennis and fitness center. The Average Sale Price for the week dipped to $635,492 but Days on Market remained low at 57.

35000 square feet of amenities

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