CondoWatch: Miami-Dade Week of June 13 – 19, 2021

The exquisite Penthouse B at Faena House was the largest sale this week

With expansive terraces, custom finishes and access to the 5-star amenities of the prestigious Faena Hotel, this 3 bedroom, 3.5 bath home-in-the-sky closed at $11,150,000 or $2,627.86 per foot making it the largest sale of an impressive week. Ryan Mendell represented the Seller and Cyril Matz the fortunate Buyer. Tied for second place at $6,000,000 was unit N511 at the Four Seasons Surf Club. This 2 Bedroom, 2.5 Bath fully furnished and appointed hotel residence with access to all the first-class fabulousness the Four Seasons has to offer fetched $3,409.09 per foot and was represented by Ximena Penuela. Also selling for $6,000,000 was unit 901 at Eighty Seven Park on Miami Beach. This 3 bedroom, 3.5 bath luxurious condo with wrap around terraces and stunning views was represented by Carlo Dispasquale and Joyce Gato after 82 days on market. Another fantastic week for condo sales in Miami with 273 sales totaling $210,149,191. Average price was $769,777.26 and 131 Days on Market.

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About Author: Barbara Rosenberg