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 DateADDRESSSubdivision Name Living Area Sales Price
3/23/2011520 WEST AV # 1102THE BENTLEY BAY CONDO1,499$500,000
5/10/2011100 S Pointe Drive #3603/4Continuum South Beach6,438$10,576,000
4/26/20111000 S POINTE DR # 1705Murano at Portofino1,407$1,250,000
4/19/2011400 ALTON RD # 703Murano Grande3,058$1,620,000
3/4/20111000 S POINTE DR # 3702MURANO AT PORTOFINO2,618$2,200,000
3/24/20111000 S POINTE DR # 1206MURANO AT PORTOFINO1,006$650,000
5/9/2011101 20 ST # 2104The Setai1,162$980,000
5/16/201150 S POINTE DR # 2002CONTINUUM ON SOUTH BEACH1,977$2,350,000
4/12/20111500 OCEAN DR # 10071500 Ocean Drive1,170$800,000
4/5/2011400 ALTON RD # 910MURANO GRANDE1,548$880,000
3/28/2011226 OCEAN DR # 3BOcean Place East1,362$642,000
4/27/20111500 OCEAN DR # 10011500 OCEAN DRIVE2,320$2,745,000
4/18/2011800 S POINTE DR # PHAAPOGEE6,853$11,500,000
5/20/201190 ALTON RD # 1010The Yacht Club1,080$660,000
5/10/2011100 S POINTE DR # 3207Continuum South Beach2,954$4,000,000
3/1/2011100 S POINTE DR # 1005Continuum South Tower1,869$1,650,000
3/7/2011450 ALTON RD # 1205Icon South Beach1,750$855,000
3/8/2011100 LINCOLN RD # 448THE DECOPLAGE1,190$619,000
5/5/201110 VENETIAN WY # 1704GRAND VENETIAN CONDO2,345$1,150,000
3/14/20112201 Collins Ave # 828W South Beach Residences1,906$3,300,000
4/28/20111000 S POINTE DR # 3502Murano at Portofino2,618$2,200,000
4/11/201190 ALTON RD # FL-5YACHT CLUB AT PORTOFINO1,070$562,500
4/15/20111455 OCEAN DR # 1407IL VILLAGGIO1,810$2,050,000
3/14/20111577 BAY RD # 201SoBE Bay1,345$585,000
5/19/2011400 ALTON RD # 1602MURANO GRANDE1,874$825,000
4/29/2011300 S POINTE DR # 2506PORTOFINO TOWERS2,040$1,100,000
4/15/20111470 16 ST # C301CAPRI SOUTH BEACH1,974$1,925,000
3/2/20111100 WEST AV # TS-1Mondrian South Beach1,500$1,395,000
5/16/201150 S POINTE DR # 1704Continuum On South Beach1,491$1,300,000
3/18/2011450 ALTON RD # 3001ICON South Beach2,145$1,800,000
5/9/2011101 20 ST # 3206SETAI1,316$1,930,000
4/1/20111 CENTURY LN # 301The Vistas Condo2,140$875,000
3/8/2011101 20 ST # 1701The Setai3,691$3,950,000
3/1/20111000 VENETIAN WY # 1501One Thousand Venetian Way1,830$745,000
3/9/2011125 JEFFERSON AV # 143THE COURTS AT SOUTH BEACH2,425$1,200,000
4/4/2011400 ALTON RD # 2208Murano Grande1,600$1,200,000
5/18/2011300 S POINTE DR # 403PORTOFINO2,340$1,188,000
5/3/201150 S POINTE DR # 801Continuum North Tower5,300$6,500,000
3/28/20111330 WEST AV # 2502waverly1,262$585,000
3/30/2011450 ALTON RD # 1502ICON South Beach1,933$1,105,000
3/24/2011225 COLLINS AV # 7IOCEAN PLACE1,091$600,000
4/14/20111800 SUNSET HARBOUR DR # 1202/4Sunset Harbour South2,246$1,125,000
3/23/2011300 S POINTE DR # 3703PORTOFINO TOWERS2,550$1,600,000
3/11/2011400 ALTON RD # 1904Murano Grande1,425$1,025,000
4/12/201190 ALTON RD # 2003Yacht Club at Portofino1,080$582,500
5/24/2011300 S POINTE DR # 802PORTOFINO TOWER1,090$655,000
5/11/20111000 VENETIAN WY # 1202One Thousand Venetian2,010$950,000
5/2/2011400 ALTON RD # 1902Murano Grande1,874$925,000
4/29/2011400 ALTON RD # 906Murano Grande2,024$1,250,000
5/19/20119 ISLAND AV # T5NINE ISLAND AVENUE CONDO2,109$720,000
5/6/2011450 ALTON RD # 1503/4ICON Condo3,694$2,550,000
5/18/2011400 S POINTE DR # 1705SOUTH POINTE TOWER1,042$680,000
5/10/2011100 S POINTE DR # 3604-3Continuum South Tower6,438$10,576,000
5/17/201150 S POINTE DR # 2201CONTINUUM NORTH TOWER3,017$4,050,000
5/25/20114775 COLLINS AV # 2101GREEN DIAMOND CONDO2,010$1,240,000
4/27/20111455 OCEAN DR # BH-06IL VILLAGGIO3,550$3,025,000
3/7/20111000 S POINTE DR # 408Murano At Portofino1,791$830,000
3/2/2011100 LINCOLN RD # 545/47Decoplage1,720$725,000
4/20/20111445 16 # LP-1CAPRI SOUTH BEACH2,970$2,500,000
4/25/2011100 S POINTE DR # TH-15The Continuum2,072$1,425,000
5/17/2011400 S POINTE DR # 1910SOUTH POINTE TOWER1,559$926,000
4/29/2011300 S POINTE DR # 1802PORTOFINO TOWERS2,040$1,480,000
2/28/2011400 ALTON RD # 2404MURANO GRANDE2,974$1,950,000
4/8/2011100 S POINTE DR # 3204Continuum2,508$3,270,000
4/12/20111800 SUNSET HARBOUR DR # 2202/4Sunset Harbour South2,246$1,100,000
3/23/2011800 S POINTE DR # 1402Apogee3,103$4,995,000
3/5/20111000 S POINTE DR # 3102MURANO AT PORTOFINO2,618$2,250,000
5/3/2011400 ALTON RD # 1410Murano Grande1,548$950,000
4/14/2011400 ALTON RD # 2306Murano Grande2,024$1,485,000
3/10/2011300 S POINTE DR # 1605PORTOFINO2,340$1,400,000
4/12/201150 S POINTE DR # 3003CONTINUUM NORTH TOWER2,306$2,700,000
4/19/2011100 S POINTE DR # 2401CONTINUUM ON SOUTH BEACH1,591$1,350,000
4/28/2011100 S POINTE DR # 1603CONTINUUM ON SOUTH BEACH1,365$1,100,000
5/23/2011450 ALTON RD # 1701ICON South Beach2,145$1,650,000
3/9/20111455 OCEAN DR # 1406Il Villaggio Condominium1,780$1,900,000
5/11/20111455 OCEAN DR # 1103IL VILLAGGIO1,550$1,460,000
4/30/2011100 S POINTE DR # 1104continuum on south beach2,292$2,850,000
3/28/2011400 ALTON RD # 1704Murano Grande1,425$1,050,000
3/7/2011300 S POINTE DR # 1101PORTOFINO TOWERS2,340$1,625,000
5/9/20111000 S POINTE DR # 2502MURANO AT PORTOFINO2,618$2,400,000
4/29/2011650 WEST AV # 2807THE FLORIDIAN1,327$619,000
4/3/2011101 20 ST # 2308The Setai Condominium2,558$4,600,000
3/2/20111445 16 # LPH-3CAPRI SOUTH BEACH1,919$1,392,000
3/16/20111445 16 ST # BL-302CAPRI SOUTH BEACH1,842$1,680,000
5/12/2011125 JEFFERSON AV # 146THE COURTS AT SOUTH BEACH1,485$719,000
2/25/20111000 S POINTE DR # 3002Murano at Portofino2,618$1,880,000
5/16/2011450 ALTON RD # 1703ICON South Beach2,158$1,655,000
4/18/20111000 VENETIAN WY # 1102One Thousand Venetian2,010$870,000
5/11/2011101 20 ST # 2506The Setai1,316$1,540,000
3/18/20111500 OCEAN DR # 4051500 OCEAN DRIVE1,530$1,040,000
3/23/2011450 ALTON RD # 3502ICON Condo1,933$1,470,000
4/19/20112301 COLLINS AV # 1107Roney Palace1,230$550,000
3/17/20111500 OCEAN DR # PH-81500 Ocean Drive1,170$975,000
3/29/2011450 ALTON RD # 2306ICON South Beach1,452$750,000
3/31/20111000 VENETIAN WY # 1903ONE THOUSAND VENETIAN WAY2,010$640,000
4/4/2011400 ALTON RD # 3203MURANO GRANDE3,058$2,021,000
3/21/20114855 PINETREE DRMiami Beach Home10,383$6,536,289
5/13/20111337 N VENETIAN WYMiami Beach Home5,859$4,100,000
5/4/2011380 S HIBISCUS DRMiami Beach Home -$2,400,000
3/4/20111429 N VENETIAN WYMiami Beach Home13,569$5,500,000
5/20/20115300 LA GORCE DRMiami Beach Home3,687$1,350,000
3/18/20114564 N MICHIGAN AVMiami Beach Home3,365$737,500
4/25/2011122 E 2 CTMiami Beach Home2,774$1,311,232
5/11/2011204 W DILIDO DRMiami Beach Home3,447$3,025,000
4/3/20111365 DAYTONIA RDMiami Beach Home3,126$540,000
5/19/20116475 ALLISON RDMiami Beach Home4,992$2,450,000
3/21/20114315 MERIDIAN AVMiami Beach Home4,031$900,000
4/4/20115465 PINETREE DRMiami Beach Home7,764$4,750,000
5/20/2011111 S HIBISCUS DRMiami Beach Home3,685$1,350,000
5/2/20115380 N BAY RDMiami Beach Home6,432$5,740,000
5/4/201140 S HIBISCUS DRMiami Beach Home8,000$9,350,000
3/18/2011431 W RIVO ALTO DRMiami Beach Home2,960$735,000
5/11/20111200 BAY DRMiami Beach Home3,763$1,500,000
5/5/201127 STAR ISLAND DRMiami Beach Home15,000$10,750,000
3/16/20111340 STILLWATER DRMiami Beach Home2,161$1,230,000
2/28/20111201 N VENETIAN WYMiami Beach Home13,382$1,100,000
3/30/20111260 STILLWATER DRMiami Beach Home1,686$550,000
5/3/2011595 N SHORE DRMiami Beach Home3,007$1,400,000
3/18/20115147 N BAY RDMiami Beach Home3,252$1,070,000
3/14/20114328 ALTON RDMiami Beach Home2,531$580,000
5/3/20111301 STILLWATER DRMiami Beach Home2,607$700,000
4/1/20111480 STILLWATER DRMiami Beach Home2,219$836,000
3/27/2011441 E DILIDO DRMiami Beach Home2,931$1,500,000
3/21/20119 FARREY LNMiami Beach Home1,575$1,595,000
4/6/2011620 W DILIDO DRMiami Beach Home3,499$2,650,000
4/29/20112525 FLAMINGO DRMiami Beach Home3,476$2,210,000
5/4/20111509 NE 12 PLMiami Beach Home1,221$480,000
4/27/20115150 N BAY RDMiami Beach Home6,360$4,568,520
3/8/20113001 PINETREE DRMiami Beach Home4,534$1,750,000
3/23/2011324 E RIVO ALTO DRMiami Beach Home2,612$950,000
5/19/2011265 S COCONUT LNMiami Beach Home2,626$575,000
4/18/2011430 W SAN MARINO DRMiami Beach Home3,434$1,900,000
4/8/2011426 W SAN MARINO DRMiami Beach Home2,878$2,275,000
4/7/2011309 E SAN MARINO DRMiami Beach Home3,370$3,162,000
4/5/20116085 ALTON RDMiami Beach Home6,920$1,270,000
4/22/2011260 W 35 STMiami Beach Home3,620$1,550,000
3/23/20115236 PINETREE DRMiami Beach Home3,202$975,000
3/16/20111233 N VENETIAN WYMiami Beach Home3,864$2,350,000
3/24/20115238 ALTON RDMiami Beach Home5,675$1,140,000
3/24/20114228 ALTON RDMiami Beach Home2,427$850,000
3/3/20113767 ROYAL PALM AVMiami Beach Home2,759$745,000
3/9/20115901 LA GORCE DRMiami Beach Home3,137$975,000
3/24/20111815 MICHIGAN AVMiami Beach Home2,747$536,000
4/23/20114469 POST AVMiami Beach Home2,100$610,000
3/21/201148 E RIVO ALTO DRMiami Beach Home3,020$1,590,000
3/2/2011114 3RD DILIDO TEMiami Beach Home2,523$1,400,000
5/2/20115640 PINETREE DRMiami Beach Home4,160$1,360,000
4/11/20114312 ROYAL PALM AVMiami Beach Home2,330$900,000
3/17/20114541 ROYAL PALM AVMiami Beach Home1,899$485,000
5/24/20114461 POST AVMiami Beach Home2,288$690,000
3/29/20115979 ALTON RDMiami Beach Home2,674$675,000

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