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The top 10 sales ranged from $1.3 million to $17 million
Once again, Arte Surfside topped the charts last week in Miami-Dade County and proved to be a bright spot in a softening market.
Dina Goldendayer and Miltiadis Kastanis, both with Douglas Elliman, had the listing for Unit 201 at 8955 Collins Ave. in Surfside. Ohad Fisherman with Societe Real Estate represented the buyer in the $17 million deal.
It’s the second time the Surfside apartment tower has topped the weekly apartment sales chart in as many months. In late December, a penthouse originally bought with crypto sold for $18 million, at a loss, and also took first place.
Last week’s top sale also furthers the trend of the top 1 or 2 sales outperforming the rest of the top 10 by a wide margin. Last week’s second-place sale, unit 1802 at the Residences by Armani/Casa at 18975 Collins Avenue in Sunny Isles Beach, fetched $4.1 million. Mariana Niro with Douglas Elliman had the listing and Flavia Caltabiano with Compass Florida worked with the buyer.
The previous week, a close at the Palazzo Della Luna made $15.5 million in the top sale, falling to second place at $7 million. Last week, the Grove at Grand Bay and One Thousand Museum each tied for the top spot with a $7.6 million sale, with the rest of the top 10 sales falling to $3 million and below.
Outside of the top 10 sales, the broader condo market is showing cracks: The overall sales price, median sales price and price per square foot fell last week.
Prices for the top 10 sales last week ranged from $1.3 million to $17 million.
Last week they ranged from $2.4 million to $15.5 million. Ninety-three condos traded last week after spending an average of 83 days on the market, according to condo.com. Total sales reached $73 million, with an average sales price of $785,288, or $559 per square foot.
Last week, 94 condos sold for an average sales price of $990,646, or $593 per square foot, after spending 69 days on the market. Sales totaled $93 million.
Here’s a breakdown of the top 10 sales from January 22 to January 28:
Arte Surfside, 8955 Collins Avenue, unit 201 | 671 days on market | $17 million | $2,437 psf | Brokers: Dina Goldendayer and Miltiadis Kastanis both with Douglas Elliman | Buyer’s agent: Ohad Fisherman with Societe Real Estate
Sereno, 10201 East Bay Harbor Drive, Unit 306 | 4 days on the market | $1.3 million | $1,218 psf | Listing Agent: Batsheva Rivkin with One Sotheby’s International Realty | Agent for Buyer: Batsheva Rivkin with One Sotheby’s International Realty
Arte Surfside, 8955 Collins Avenue, unit 201 | 671 days on market | $17 million | $2,437 psf | Brokers: Dina Goldendayer and Miltiadis Kastanis both with Douglas Elliman | Buyer’s agent: Ohad Fisherman with Societe Real Estate
Ocean One Condo, 19333 Collins Avenue, unit 1207 | 1 day on the market | $1.6 million | $930 psf | Listing Agent: Joanna Jimenez with Compass Florida | Buyer’s Agent: Adriana Faerman with Compass Florida
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