Four Seasons Brickell Penthouse Leads Miami-Dade Condo Sales Amid Market Fluctuations
The Miami-Dade condo market showcased a notable transaction with the sale of a $14.8 million penthouse at Four Seasons Brickell, even as overall sales volume experienced a decline.
Weekly Sales Overview
Between May 17 and May 25, 2025, Miami-Dade County recorded 86 condo sales totaling $88.1 million. This marks a decrease from the previous week's 127 sales amounting to $123.7 million. Despite the drop in total sales, the average unit price rose to $1,023,844 from $973,842, while the average price per square foot decreased to $542 from $636.
Highlighted Transactions
Four Seasons Residences Miami – PH 2ABCD
The pinnacle of the week's sales was the penthouse unit PH 2ABCD at Four Seasons Residences Miami, located at 1425 Brickell Avenue. This luxurious property sold for $14.8 million, equating to $1,990 per square foot, after spending 168 days on the market. Gabriela Dajer of One Sotheby’s International Realty represented the seller, while Alejandra Anzola of Fortune Christie’s International Real Estate represented the buyer.
Fendi Château Residences – Unit 1004
Another significant sale was Unit 1004 at Fendi Château Residences in Surfside, which closed at $9 million, or $2,699 per square foot, after 189 days on the market. Fredrik Eklund and Pietro Belmonte of Douglas Elliman listed the property, with Romina Grinberg of Compass bringing the buyer.
Market Trends and Insights
While the luxury segment remains active, the broader Miami-Dade condo market is experiencing a cooling trend. Factors such as increased inventory and moderated price growth are contributing to this shift.
Notably, sales of condos priced between $150,000 and $250,000 have seen an uptick, indicating a demand in the more affordable segment.
Top 10 Condo Sales (May 17–25, 2025)
| Property | Location | Price | Price/Sq Ft | Days on Market |
| PH 2ABCD, Four Seasons Residences | Brickell | $14.8M | $1,990 | 168 |
| Unit 1004, Fendi Château Residences | Surfside | $9M | $2,699 | 189 |
| Unit 1201, Santa Maria | Brickell | $2.9M | $915 | N/A |
| Unit 604, Emerald Bay at Key Colony | Key Biscayne | $1.95M | $970 | N/A |
Note: The above table includes select top transactions; full details are available through respective real estate listings.
Insights
What does the sale of PH 2ABCD at Four Seasons indicate about the luxury condo market in Miami?
The successful sale of this high-end penthouse suggests sustained interest and investment in Miami's luxury real estate segment, even amidst broader market fluctuations.
How is the overall Miami-Dade condo market performing?
While luxury sales remain robust, the general market is experiencing a slowdown, with decreased sales volume and price adjustments in various segments.
Are there opportunities for buyers in the current market?
Yes, the cooling market presents potential opportunities for buyers, especially in segments where prices are adjusting and inventory is increasing.
What factors are influencing the current condo market trends in Miami?
Key factors include increased inventory, moderated price growth, and shifts in buyer demand across different price points.
