Published by The Real Deal South Florida, May 18, 2021
Of luxury Condos that sold last Week, the most expensive sale was for Unit 6885 at Palazzo Della Luna in Fisher Island, Florida. The condo sold for $23 million, or $3,139 per square foot, after 15 days on the market. Jill Hertzberg represented the seller and Oren Alexander represented the buyer. The Condo features amazing views of the Bay, City Skyline, and Ocean, and has 5 Bedrooms, 5.5 Baths, more than 7,000 Square Feet, and spacious Terraces. Palazzo Della Luna was built in 2019 and it’s the most recently constructed Condo on Fisher Island.
Miami-Dade County’s weekly luxury Condo sales and dollar volume rose last week. A total of 246 condos sold last week for $207.2 million, up from 237 condos that sold for $174.7 million the previous week.
Units sold for an average price of $846,000, up from $737,000 the week prior. Condos sold for an average of $487 per square foot, up from $444 per square foot.
The second most expensive sale of the week was for unit 8B at Faena House, which sold for $9.3 million, or $2,404 per square foot. The Miami Beach Condo was on the market for 64 days.
Fisher Island, Florida ranks as one of the most expensive ZIP codes in the U.S. A 216-Acre enclave that’s only accessible by Helicopter, Boat, or private Ferry, Fisher Island is located adjacent to Miami Beach and epitomizes exclusivity, luxury, wealth, and privacy.