CondoWatch: Miami-Dade Week of May 16 – 22, 2021

Condo Sales continue to soar in Miami

It was another week of huge sales from SoFi to Surfside. Leading the impressive list is the magnificent two-story residence at 3804/5 in the Continuum on South Beach that closed at $14,500,000 or $2,915.75 per foot. Eloy Carmenate represented the Seller and Benjamin Moss brought the fortunate Buyer. The second highest sale was residence 602 at Arte Surfside that sold for $12,800,000 or an impressive $3,062.72 per foot for this 4 bedroom, 4 bath home with gorgeous ocean and sunset views. Miltiadis Kastanis represented both Buyer and Seller. Dora Puig and Jill Eber were not far behind with the $12,7000, 000 sale for Palazzo del Sol unit 7073. Once again it was an extraordinary week for condo sales in Miami with 277 closings totaling $207,183,909. Average sale price was $747,956.35 and 114 days on market.

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About Author: Barbara Rosenberg