By Brosda and Bentley Realtors
In a week marked by unprecedented activity, real estate brokers in Miami and Sunny Isles Beach showcased their prowess, closing 159 condo sales totaling an impressive $93 million from December 10th to December 16th. This surge in transactions follows closely on the heels of the previous week, where brokers closed 122 condo sales, amassing an even more substantial $107 million. The condominium market in Sunny Isles Beach is clearly in full swing, underlining the robust demand for coastal living in this vibrant community.
One standout in this flurry of activity was the closing of Ocean Colony unit 803, situated at 16047 Collins Avenue. The residence, which spent 148 days on the market, secured its place in the upper echelons of the sales hierarchy by closing for an impressive $3.6 million, equating to $1,020 per square foot. This notable sale attests to the allure of Ocean Colony and the enduring appeal of Sunny Isles Beach as a premium real estate destination.
Speed and Opulence: Noteworthy Sales Highlights
In terms of expediency, the Acqualina residence at 17875 Collins Avenue unit 2402 stole the spotlight by spending a mere 16 days on the market before closing for $3,300,000. With a price per square foot of $1,491, this swift transaction underscores the demand for well-appointed residences in one of Sunny Isles Beach’s premier locations.
The highest price per square foot, however, was achieved at the Setai Resort & Residences, located at 101 20th Street 3004 in Miami Beach. This opulent residence, with a closing price of $2,625,000, commanded an impressive $2,122 per square foot. This sale not only exemplifies the premium value placed on luxury living in the Setai but also reflects the broader trend of high-end transactions characterizing the current real estate landscape.
Acqualina Resort and Residences Sunny Isles Beach | Sales: Brosda and Bentley Realtors (305) 788–9393
Top 10 Sales: A Range of Opulent Living
For the discerning buyer, the top 10 sales in Sunny Isles Beach showcased a range of luxurious living options, with prices spanning from $2 million to $4 million. This diversity underscores the city’s ability to cater to a variety of tastes and preferences, offering residences that exemplify the epitome of coastal opulence.
As the year draws to a close, these dynamic weeks in Sunny Isles Beach’s condo market set the stage for what promises to be an exciting and prosperous year ahead. The city’s unique blend of pristine beaches, architectural splendor, and a robust real estate market positions Sunny Isles Beach as a beacon for those seeking a lifestyle that seamlessly merges elegance with coastal allure.
Sunny Isles Beach real estate sales and rentals by Brosda and Bentley Realtors (305) 788–9393.
If you’re looking for a real estate agent in Miami, I encourage you to contact Brosda & Bentley Realtors. We’re here to help you find your dream home and make your life in Miami an unforgettable experience.
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