The owners of Goat Hospitality Group have found a buyer for their Pinecrest estate, which is listed for $18 million. The deal was secured during Miami Art Week and represents the highest-priced contract among 14 signed in Miami-Dade County between December 1 and December 7, according to the Eklund-Gomes report. This report tracks homes and condos listed at $4 million or more on the Multiple Listing Service in Miami-Dade.
During this period, an average of 173 days was spent on the market by these properties. Sixty-one new luxury listings were added, bringing the total number of such listings to 1,323.
In comparison, buyers signed contracts for 11 properties in Miami-Dade the previous week with a combined asking price of $86.2 million.
The most recent contracts included eleven single-family homes and three condos with a total asking dollar volume of $100.6 million, as reported by Douglas Elliman’s team led by Fredrik Eklund and John Gomes. The single-family homes under contract last week had an average asking price of $7.4 million and were on the market for an average of 169 days, totaling $81.6 million in asking value.
Eklund and Jennifer Goldstein from Elliman are handling the listing for the top contract: a pending sale of a mansion located at 10061 Southwest 60th Court. The property is about 12,000 square feet with ten bedrooms and nine-and-a-half bathrooms. Records indicate that Derek and Lisa Gonzalez from Goat Hospitality purchased the nearly one-acre property for $5.7 million in 2022 before building a new home featuring amenities such as a Balinese-style pool, outdoor shower, sauna, and primary suite.
The condos that went under contract last week averaged an asking price of $6.3 million each and spent about 183 days on the market. Their combined asking value reached $19 million—an average of $2,154 per square foot.
Among condo sales last week, Unit 1903 at Estates at Acqualina in Sunny Isles Beach stood out as the most expensive to enter into contract. Listed by Ryan Mendell from Maxwell E Realty Inc., it features four bedrooms and five bathrooms across just under 3,300 square feet; David Schwartz from Lexington, Massachusetts bought it for $5.4 million in 2022.
For comparison outside Florida markets: In New York last week buyers signed contracts for twenty-nine homes with a combined asking price totaling $233.5 million; those properties spent an average of over two years (736 days) on the market.
