CondoWatch: Miami Week of September 4-10, 2022

Sunny Isles was the spot for the highest sale of the week. The luxurious Fendi Chateau residence #304 closed for $9,200,000 for a 3 bedroom, 4.5 bath one-of-a-kind professionally designed and decorated masterpiece. The home boasts ocean-view terraces, custom built-ins, marble floors and exceptional services including concierge, spa, thermal pool, fine dining, wine cellar, kids and social rooms. Maria Oneide Gioia represented the Seller and Alina Meledina brought the Buyer. Taking the second slot was the sale of 7454 Fisher Island Drive / Oceanside for $5,400,000. Represented by Evelyn Mackenzie, this renovated 3 bedroom/3.5 Bath corner unit features wrap-around balcony with city, golf and water views, porcelain floors, Venetian Plaster finishes, chef’s kitchen, high end appliances and all of the 5-star amenities the private island is famous for including multiple dining venues, Beach Club, Spa, Fitness Center, Marina, Golf and Tennis. Rounding out the top three was Residence 1504 at the W South Beach that sold for $3,950,000. This full furnished oceanfront 2 Bedroom + Den has multiple terraces, beach club, spa, restaurants, cabanas, tennis and basketball and can be rented out when not in use. The transaction was represented by Christopher Adeleke and Sophia Albrecht. The holiday weekend was reflected in the numbers as there were only 121 Sales totaling $91,263,100. Average Sale Price was up to $754,240 with 58 Days on Market.

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