CondoWatch: Miami-Dade Week of May 23 – 29, 2021

Miami’s waterfront condos dominate sales the last week of May

Wow! Condo sales continue to sizzle as we head into summer. The top sale of the week was the Lower Penthouse at Arte Surfside that sold for an incredible $22,500,000.00 or $4,440.50 per foot! This 4 bedroom full floor residence has amazing ocean views, expansive terraces and the finest finishes. The unit was on the market for 124 days with Tara West representing the Seller and Ryan Farbstein the Buyer. The Second Largest sale was 2001S in Grove at Grand Bay for $7,970,000 for 5097 square feet of luxurious living. Sandra Masis and Allison Blumenthal represented the Seller and Buyer. Keith Marks had a great week – representing both Buyer and Seller for unit 1201/08 at the Continuum North Tower that closed for $7,400,000. There were 274 sales for the week totaling $183,050,848. Average sale price was $668,068.79 and 118 days on market.

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About Author: Barbara Rosenberg