WESTSIDE ESTATE AGENCY

Beverly Hills · Malibu · Miami

Faena House trade tops weekly condo sales in Miami

Top 10 sales ranged from $1M to $2.65M

Condo sales fell following Miami Art Week.

A total of 103 condos sold for $41 million last week, compared to 116 units that sold for a combined $49 million the previous week. Condos last week sold for an average price of about $402,000 or $351 per square foot.

A unit at Faena House marked the priciest sale of the week. Unit 5D, a one-bedroom, 1,185-square-foot condo, sold for $2.65 million after only two days on the market. Maria Patch represented the seller, while Dani Moore represented the buyer. The Mid-Beach unit sold for $2,236 per square foot. Property records show Fortin Enterprises Inc., led by Danielle Moore, Lesly Smith and Susan Channing of Palm Beach, sold the unit. Moore, a philanthropist, is the president of the Palm Beach Town Council. Smith was formerly mayor of the town of Palm Beach.

The second most-expensive sale was the $2.6 million trade of Caribbean Condominium unit S-1703. It was listed for 273 days before selling for $1,604 per square foot. The listing agent was Cyril Bijaoui. The buyer’s agent was Judith Werner.

Here’s a breakdown of the top 10 sales from Dec. 8 to Dec. 13. Click on the map for more information:

Most expensive
Faena House #5D | 2 days on market | $2.65M | $2,236 psf | Listing agent: Maria Patch | Buyer’s agent: Dani Moore

Least expensive
Marquis Condo #5001 | 19 days on market | $1M | $508 psf | Listing agent: Zachary Belil | Buyer’s agent: Zachary Belil

Most days on market
Balmoral Condo #PH1 | 395 days on market | $1.6M | $525 psf | Listing agent: Boris Vertsberger | Buyer’s agent: Silvia Olivera

Fewest days on market
Faena House #5D | 2 days on market | $2.65M | $2,236 psf | Listing agent: Maria Patch | Buyer’s agent: Dani Moore

Click here to read the full article on therealdeal.com.




Let's Connect ...

OOPS.
There was an error sending your message. Please try again later or call us.
THANK YOU.
We've received your inquiry. Someone will contact you soon!

Beverly Hills

210 North Canon Drive
Beverly Hills, CA 90210
(310) 247-7770

Malibu

23410 Civic Center Way
Malibu, CA 90265
(310) 456-1171

Miami

2980 Macfarlane Road
Miami, FL 33133
(305) 447-1471