Seaside Villa sale generates over $2,700 per sqft

Posted on Posted in Closed Sale, Seaside Villas

The Fisher Island real estate market is the focus of some of the priciest sales of Miami property – this includes both sale prices and price per square foot. The Miami real estate market is constantly the subject of global economic news and many are taking notice. Earlier this month, the priciest condo sales were reported by The Real Deal. A Fisher Island Oceanside unit fetched “a whopping $2,461.00 per square foot.” Did you know that there are even properties passing the $2,600 mark?

The week in luxury: A map of Miami-Dade’s priciest condo sales

Last week’s top deal was a Fisher Island condo bought by a New York big-wig – April 04, 2016 03:30PM

“The week’s priciest deal by far was for an $11.3 million unit at the Oceanside condo complex on Fisher Island. Unit 7872, with its three bedrooms, three bathrooms and water views, fetched a whopping $2,461 per square foot.”

Around the same time this year Robert Volé Broker/Owner,, The Island Your Real Estate Company, represented the sellers of 15811 Fisher Island Drive in an off-market sale that amounted to $2,634.00 per square foot. This property was a 2/2 1670 sq. ft., and had a $4.4 purchase price. The total acquisition price, including equity, came to $2,784.00 per square foot. After discussing the sale with Volé he mentioned it was reminiscent of another off market Fisher Island sale he represented for 7143 Fisher Island Drive, just a couple of years ago at $14.2M or $2,021 per sq ft.

This can been seen on Zillow as well as in the public record.

For easier reference on the property appraiser website take a look at Folio # 30-4210-004-0430

seaside-snapshot

Robert Volé, owner and broker of The Island Your Real Estate Company and Island Leasing.