In the past ninety days Miami Beach Condo and home sales have seen closing prices for luxury waterfront properties reach levels not seen since the market highs of 2006. The island residential communities in Miami Beach (specifically in the South of Fifth neighborhood) and the luxury homes communities on the Venetian Islands and Star Island have seen incredible sales momentum for "turnkey" luxury waterfront properties.
The most prominent Miami Beach condo sales took place at The Continuum Condos in Miami Beach, where two spectacular Oceanfront combined condos with over 6,400 SQ. FT. of living space sold for an incredible $10,576,000 (this works out to over $1,643/S.F.) Also noteworthy, at the nearby Apogee in South Beach'sSouth of Fifth Neighborhood is a Penthouse sale for an incredible $11,500,000 (also over $1,678/SF) ! ! !
The most noteworthy Miami Beach home sales are the large Estates located at 4855 Pinetree Drive and the incredible home located at 27 Star Island Drive in Miami Beach's ultra-luxury Star Island Community. It should be noted that this Star Island home sold for $10,750,000, and is located just a few doors down from Gloria Estefan's and Rosie O'Donnell's magnificent Star Island residences.
The last 90 Days of Miami Beach Condo and Waterfront Home Sales:
Miami Beach Luxury Homes and Condo Sales as of 05/26/2011
Closing Date ADDRESS Subdivision Name Living Area Sales Price 3/23/2011 520 WEST AV # 1102 THE BENTLEY BAY CONDO 1,499 $500,000 5/10/2011 100 S Pointe Drive #3603/4 Continuum South Beach 6,438 $10,576,000 4/26/2011 1000 S POINTE DR # 1705 Murano at Portofino 1,407 $1,250,000 4/19/2011 400 ALTON RD # 703 Murano Grande 3,058 $1,620,000 3/4/2011 1000 S POINTE DR # 3702 MURANO AT PORTOFINO 2,618 $2,200,000 3/24/2011 1000 S POINTE DR # 1206 MURANO AT PORTOFINO 1,006 $650,000 5/9/2011 101 20 ST # 2104 The Setai 1,162 $980,000 5/16/2011 50 S POINTE DR # 2002 CONTINUUM ON SOUTH BEACH 1,977 $2,350,000 4/12/2011 1500 OCEAN DR # 1007 1500 Ocean Drive 1,170 $800,000 4/5/2011 400 ALTON RD # 910 MURANO GRANDE 1,548 $880,000 3/28/2011 226 OCEAN DR # 3B Ocean Place East 1,362 $642,000 4/27/2011 1500 OCEAN DR # 1001 1500 OCEAN DRIVE 2,320 $2,745,000 4/18/2011 800 S POINTE DR # PHA APOGEE 6,853 $11,500,000 5/20/2011 90 ALTON RD # 1010 The Yacht Club 1,080 $660,000 5/10/2011 100 S POINTE DR # 3207 Continuum South Beach 2,954 $4,000,000 3/1/2011 100 S POINTE DR # 1005 Continuum South Tower 1,869 $1,650,000 3/7/2011 450 ALTON RD # 1205 Icon South Beach 1,750 $855,000 3/8/2011 100 LINCOLN RD # 448 THE DECOPLAGE 1,190 $619,000 5/5/2011 10 VENETIAN WY # 1704 GRAND VENETIAN CONDO 2,345 $1,150,000 3/14/2011 2201 Collins Ave # 828 W South Beach Residences 1,906 $3,300,000 4/28/2011 1000 S POINTE DR # 3502 Murano at Portofino 2,618 $2,200,000 4/11/2011 90 ALTON RD # FL-5 YACHT CLUB AT PORTOFINO 1,070 $562,500 4/15/2011 1455 OCEAN DR # 1407 IL VILLAGGIO 1,810 $2,050,000 3/14/2011 1577 BAY RD # 201 SoBE Bay 1,345 $585,000 5/19/2011 400 ALTON RD # 1602 MURANO GRANDE 1,874 $825,000 4/29/2011 300 S POINTE DR # 2506 PORTOFINO TOWERS 2,040 $1,100,000 4/15/2011 1470 16 ST # C301 CAPRI SOUTH BEACH 1,974 $1,925,000 3/2/2011 1100 WEST AV # TS-1 Mondrian South Beach 1,500 $1,395,000 5/16/2011 50 S POINTE DR # 1704 Continuum On South Beach 1,491 $1,300,000 3/18/2011 450 ALTON RD # 3001 ICON South Beach 2,145 $1,800,000 5/9/2011 101 20 ST # 3206 SETAI 1,316 $1,930,000 4/1/2011 1 CENTURY LN # 301 The Vistas Condo 2,140 $875,000 3/8/2011 101 20 ST # 1701 The Setai 3,691 $3,950,000 3/1/2011 1000 VENETIAN WY # 1501 One Thousand Venetian Way 1,830 $745,000 3/9/2011 125 JEFFERSON AV # 143 THE COURTS AT SOUTH BEACH 2,425 $1,200,000 4/4/2011 400 ALTON RD # 2208 Murano Grande 1,600 $1,200,000 5/18/2011 300 S POINTE DR # 403 PORTOFINO 2,340 $1,188,000 5/3/2011 50 S POINTE DR # 801 Continuum North Tower 5,300 $6,500,000 3/28/2011 1330 WEST AV # 2502 waverly 1,262 $585,000 3/30/2011 450 ALTON RD # 1502 ICON South Beach 1,933 $1,105,000 3/24/2011 225 COLLINS AV # 7I OCEAN PLACE 1,091 $600,000 4/14/2011 1800 SUNSET HARBOUR DR # 1202/4 Sunset Harbour South 2,246 $1,125,000 3/23/2011 300 S POINTE DR # 3703 PORTOFINO TOWERS 2,550 $1,600,000 3/11/2011 400 ALTON RD # 1904 Murano Grande 1,425 $1,025,000 4/12/2011 90 ALTON RD # 2003 Yacht Club at Portofino 1,080 $582,500 5/24/2011 300 S POINTE DR # 802 PORTOFINO TOWER 1,090 $655,000 5/11/2011 1000 VENETIAN WY # 1202 One Thousand Venetian 2,010 $950,000 5/2/2011 400 ALTON RD # 1902 Murano Grande 1,874 $925,000 4/29/2011 400 ALTON RD # 906 Murano Grande 2,024 $1,250,000 5/19/2011 9 ISLAND AV # T5 NINE ISLAND AVENUE CONDO 2,109 $720,000 5/6/2011 450 ALTON RD # 1503/4 ICON Condo 3,694 $2,550,000 5/18/2011 400 S POINTE DR # 1705 SOUTH POINTE TOWER 1,042 $680,000 5/10/2011 100 S POINTE DR # 3604-3 Continuum South Tower 6,438 $10,576,000 5/17/2011 50 S POINTE DR # 2201 CONTINUUM NORTH TOWER 3,017 $4,050,000 5/25/2011 4775 COLLINS AV # 2101 GREEN DIAMOND CONDO 2,010 $1,240,000 4/27/2011 1455 OCEAN DR # BH-06 IL VILLAGGIO 3,550 $3,025,000 3/7/2011 1000 S POINTE DR # 408 Murano At Portofino 1,791 $830,000 3/2/2011 100 LINCOLN RD # 545/47 Decoplage 1,720 $725,000 4/20/2011 1445 16 # LP-1 CAPRI SOUTH BEACH 2,970 $2,500,000 4/25/2011 100 S POINTE DR # TH-15 The Continuum 2,072 $1,425,000 5/17/2011 400 S POINTE DR # 1910 SOUTH POINTE TOWER 1,559 $926,000 4/29/2011 300 S POINTE DR # 1802 PORTOFINO TOWERS 2,040 $1,480,000 2/28/2011 400 ALTON RD # 2404 MURANO GRANDE 2,974 $1,950,000 4/8/2011 100 S POINTE DR # 3204 Continuum 2,508 $3,270,000 4/12/2011 1800 SUNSET HARBOUR DR # 2202/4 Sunset Harbour South 2,246 $1,100,000 3/23/2011 800 S POINTE DR # 1402 Apogee 3,103 $4,995,000 3/5/2011 1000 S POINTE DR # 3102 MURANO AT PORTOFINO 2,618 $2,250,000 5/3/2011 400 ALTON RD # 1410 Murano Grande 1,548 $950,000 4/14/2011 400 ALTON RD # 2306 Murano Grande 2,024 $1,485,000 3/10/2011 300 S POINTE DR # 1605 PORTOFINO 2,340 $1,400,000 4/12/2011 50 S POINTE DR # 3003 CONTINUUM NORTH TOWER 2,306 $2,700,000 4/19/2011 100 S POINTE DR # 2401 CONTINUUM ON SOUTH BEACH 1,591 $1,350,000 4/28/2011 100 S POINTE DR # 1603 CONTINUUM ON SOUTH BEACH 1,365 $1,100,000 5/23/2011 450 ALTON RD # 1701 ICON South Beach 2,145 $1,650,000 3/9/2011 1455 OCEAN DR # 1406 Il Villaggio Condominium 1,780 $1,900,000 5/11/2011 1455 OCEAN DR # 1103 IL VILLAGGIO 1,550 $1,460,000 4/30/2011 100 S POINTE DR # 1104 continuum on south beach 2,292 $2,850,000 3/28/2011 400 ALTON RD # 1704 Murano Grande 1,425 $1,050,000 3/7/2011 300 S POINTE DR # 1101 PORTOFINO TOWERS 2,340 $1,625,000 5/9/2011 1000 S POINTE DR # 2502 MURANO AT PORTOFINO 2,618 $2,400,000 4/29/2011 650 WEST AV # 2807 THE FLORIDIAN 1,327 $619,000 4/3/2011 101 20 ST # 2308 The Setai Condominium 2,558 $4,600,000 3/2/2011 1445 16 # LPH-3 CAPRI SOUTH BEACH 1,919 $1,392,000 3/16/2011 1445 16 ST # BL-302 CAPRI SOUTH BEACH 1,842 $1,680,000 5/12/2011 125 JEFFERSON AV # 146 THE COURTS AT SOUTH BEACH 1,485 $719,000 2/25/2011 1000 S POINTE DR # 3002 Murano at Portofino 2,618 $1,880,000 5/16/2011 450 ALTON RD # 1703 ICON South Beach 2,158 $1,655,000 4/18/2011 1000 VENETIAN WY # 1102 One Thousand Venetian 2,010 $870,000 5/11/2011 101 20 ST # 2506 The Setai 1,316 $1,540,000 3/18/2011 1500 OCEAN DR # 405 1500 OCEAN DRIVE 1,530 $1,040,000 3/23/2011 450 ALTON RD # 3502 ICON Condo 1,933 $1,470,000 4/19/2011 2301 COLLINS AV # 1107 Roney Palace 1,230 $550,000 3/17/2011 1500 OCEAN DR # PH-8 1500 Ocean Drive 1,170 $975,000 3/29/2011 450 ALTON RD # 2306 ICON South Beach 1,452 $750,000 3/31/2011 1000 VENETIAN WY # 1903 ONE THOUSAND VENETIAN WAY 2,010 $640,000 4/4/2011 400 ALTON RD # 3203 MURANO GRANDE 3,058 $2,021,000 3/21/2011 4855 PINETREE DR Miami Beach Home 10,383 $6,536,289 5/13/2011 1337 N VENETIAN WY Miami Beach Home 5,859 $4,100,000 5/4/2011 380 S HIBISCUS DR Miami Beach Home - $2,400,000 3/4/2011 1429 N VENETIAN WY Miami Beach Home 13,569 $5,500,000 5/20/2011 5300 LA GORCE DR Miami Beach Home 3,687 $1,350,000 3/18/2011 4564 N MICHIGAN AV Miami Beach Home 3,365 $737,500 4/25/2011 122 E 2 CT Miami Beach Home 2,774 $1,311,232 5/11/2011 204 W DILIDO DR Miami Beach Home 3,447 $3,025,000 4/3/2011 1365 DAYTONIA RD Miami Beach Home 3,126 $540,000 5/19/2011 6475 ALLISON RD Miami Beach Home 4,992 $2,450,000 3/21/2011 4315 MERIDIAN AV Miami Beach Home 4,031 $900,000 4/4/2011 5465 PINETREE DR Miami Beach Home 7,764 $4,750,000 5/20/2011 111 S HIBISCUS DR Miami Beach Home 3,685 $1,350,000 5/2/2011 5380 N BAY RD Miami Beach Home 6,432 $5,740,000 5/4/2011 40 S HIBISCUS DR Miami Beach Home 8,000 $9,350,000 3/18/2011 431 W RIVO ALTO DR Miami Beach Home 2,960 $735,000 5/11/2011 1200 BAY DR Miami Beach Home 3,763 $1,500,000 5/5/2011 27 STAR ISLAND DR Miami Beach Home 15,000 $10,750,000 3/16/2011 1340 STILLWATER DR Miami Beach Home 2,161 $1,230,000 2/28/2011 1201 N VENETIAN WY Miami Beach Home 13,382 $1,100,000 3/30/2011 1260 STILLWATER DR Miami Beach Home 1,686 $550,000 5/3/2011 595 N SHORE DR Miami Beach Home 3,007 $1,400,000 3/18/2011 5147 N BAY RD Miami Beach Home 3,252 $1,070,000 3/14/2011 4328 ALTON RD Miami Beach Home 2,531 $580,000 5/3/2011 1301 STILLWATER DR Miami Beach Home 2,607 $700,000 4/1/2011 1480 STILLWATER DR Miami Beach Home 2,219 $836,000 3/27/2011 441 E DILIDO DR Miami Beach Home 2,931 $1,500,000 3/21/2011 9 FARREY LN Miami Beach Home 1,575 $1,595,000 4/6/2011 620 W DILIDO DR Miami Beach Home 3,499 $2,650,000 4/29/2011 2525 FLAMINGO DR Miami Beach Home 3,476 $2,210,000 5/4/2011 1509 NE 12 PL Miami Beach Home 1,221 $480,000 4/27/2011 5150 N BAY RD Miami Beach Home 6,360 $4,568,520 3/8/2011 3001 PINETREE DR Miami Beach Home 4,534 $1,750,000 3/23/2011 324 E RIVO ALTO DR Miami Beach Home 2,612 $950,000 5/19/2011 265 S COCONUT LN Miami Beach Home 2,626 $575,000 4/18/2011 430 W SAN MARINO DR Miami Beach Home 3,434 $1,900,000 4/8/2011 426 W SAN MARINO DR Miami Beach Home 2,878 $2,275,000 4/7/2011 309 E SAN MARINO DR Miami Beach Home 3,370 $3,162,000 4/5/2011 6085 ALTON RD Miami Beach Home 6,920 $1,270,000 4/22/2011 260 W 35 ST Miami Beach Home 3,620 $1,550,000 3/23/2011 5236 PINETREE DR Miami Beach Home 3,202 $975,000 3/16/2011 1233 N VENETIAN WY Miami Beach Home 3,864 $2,350,000 3/24/2011 5238 ALTON RD Miami Beach Home 5,675 $1,140,000 3/24/2011 4228 ALTON RD Miami Beach Home 2,427 $850,000 3/3/2011 3767 ROYAL PALM AV Miami Beach Home 2,759 $745,000 3/9/2011 5901 LA GORCE DR Miami Beach Home 3,137 $975,000 3/24/2011 1815 MICHIGAN AV Miami Beach Home 2,747 $536,000 4/23/2011 4469 POST AV Miami Beach Home 2,100 $610,000 3/21/2011 48 E RIVO ALTO DR Miami Beach Home 3,020 $1,590,000 3/2/2011 114 3RD DILIDO TE Miami Beach Home 2,523 $1,400,000 5/2/2011 5640 PINETREE DR Miami Beach Home 4,160 $1,360,000 4/11/2011 4312 ROYAL PALM AV Miami Beach Home 2,330 $900,000 3/17/2011 4541 ROYAL PALM AV Miami Beach Home 1,899 $485,000 5/24/2011 4461 POST AV Miami Beach Home 2,288 $690,000 3/29/2011 5979 ALTON RD Miami Beach Home 2,674 $675,000
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