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South of Fifth Luxury Sales Chart

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The chart below represents the last 14 months of Condo Sales in the South of Fifth neighborhood priced at over $1,000,000.  In early 2023, 14 such units sold in the month of January and 8 in the month of February.  This year the numbers were 12 and 6 for the same 2 months.  Generally, the first 6 months performed better than the last 6 months of the year, with 68 units selling from January through June and just 37 for the remainder of the year.  The Median sales price averaged about $2.3 million for the year, with a high median over $4.4 million and a low of $1.4 million.

 

Newest SoFi Listings

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With just more than a week into the new year, there are already a dozen new listings available for sale on the MLS in the South of Fifth neighborhood.  These units, all condominiums, range in price from under $300,000 to over $3,000,000, from 423 SF to 2,508 SF. They include Studio, 1BR, 2BR and 3BR units.  Five of the new units available are priced under $1 million and three are over $2 million.  For a description and photos of each, click the link below.

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South of Fifth Waterfront 1BR’s

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10 Most Expensive Condos South of Fifth

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One expects to see the most luxurious units in the South of Fifth neighborhood, and the current assortment does not disappoint. The units on this list were selected on August 12, 2022. All ten are listed above $10,000,000, and the most expensive is being offered for $40,000,000. The complete list includes units from Apogee, Icon, Continuum North and South Towers,  Ocean House, and 321 Ocean Drive. There are other units also priced above $10,ooo,000, but they did not make this  list.

The most expensive unit is located at the Icon and the $40,000,000 asking price there dwarfs the $25,000,000 being asked for  1802-1803 unit or the 1204 unit for sale at the Apogee at $16,200,000.  It is similarly more expensive than the $22,700,000 and #11,250,000 offerings at the Ocean House.  The waterfront tower with the most units in this category, however, is the Continuum North Tower.  It boasts three units priced at $11,500,000, $12,700,000 and $14,800,000.  The remaining unit is at 321 Ocean Drive where $13,950,000 can make you an owner there.  Click the link below, and for more information give me a call.

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New Murano at Portofino Beach Club

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