Closure of Ocean House leads Miami-Dade weekly sales

Ocean House (Condo.com)

Condo sales and dollar volume declined slightly in the second week of March in Miami-Dade County.
Dollar volume last week totaled $233 million, compared to $238 million recorded the previous week. Sales reached 280, compared to 318 the previous week.

Leaflet map created by Adam Farence | Data by © OpenStreetMap, under ODbl.

The condos sold for an average price of around $834,000, up from $753,000 the previous week.

The top sale was a $16.5 million closing at Ocean House South Beach. Unit U-0403 at 125 Ocean Drive in Miami Beach was trading for $3,780 per square foot. Pablo Alfaro represented the seller. Lisa Van Wagenen represented the buyer.

The second most expensive sale took place in Grand Baie. Unit PH-1A at 445 Grand Bay Drive in Key Biscayne traded for $11.4 million, or $1,349 per square foot. Brigitte Nachtigall had the quotation and Barbara Lamar represented the buyer.

Here is a breakdown of the top 10 sales from March 6 to March 12:

Very expensive

Ocean House South Beach, 125 Ocean Drive, Unit U-0403 | 41 days on the market | $16.5M | $3,780 per square foot | Listing Agent: Pablo Alfaro | Buyer’s Agent: Lisa Van Wagenen

The cheapest

One Ocean, 1 Collins Avenue, Unit 404 | 263 days on market | $3.7M | $1,468 per square foot | Listing agent: Anamaria Velasquez | Buyer’s Agent: Jonathan Corso

Most days on the market

One Ocean, 1 Collins Avenue, Unit 404 | 263 days on market | $3.7M | $1,468 per square foot | Listing agent: Anamaria Velasquez | Buyer’s Agent: Jonathan Corso

Fewer days on market

Oceanside, 7600 Fisher Island Drive, Unit 7622 | 2 days on the market | $5.8M | $2,010 per square foot | Listing Agent: Monica Harvey | Buyer’s Agent: Robert Vole

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