Reality television personality Sam Logan purchased a waterfront home in Miami’s Belle Meade for $22.1 million, making it the highest-priced contract signed in Miami-Dade County during the week of November 17 to November 23. The information comes from the latest Eklund-Gomes report, which tracks luxury homes and condos listed at $4 million or more in the Multiple Listing Service.
A total of 21 contracts were signed last week in Miami-Dade, compared to 15 properties with a combined asking price of $100.2 million the previous week. The new contracts include 12 single-family homes and nine condos, with a total asking dollar volume of $179 million, according to Douglas Elliman’s team led by Fredrik Eklund and John Gomes.
Single-family homes under contract last week had an average asking price of $8.7 million and spent an average of 114 days on the market, amounting to $104.5 million in total asking value. Logan’s purchase was a mansion built this year at 905 Belle Meade Island Drive. Property records indicate that spec developer Mohammed Hussain sold the over-10,000-square-foot residence to Logan. The house features seven bedrooms, eight and a half bathrooms, an eight-car garage, gym, and spa. It was originally listed for $25 million.
Condos under contract last week averaged an asking price of $8.3 million and spent about 304 days on the market each. Their total asking dollar volume reached $74.4 million, with an average price per square foot of $1,595.
The most notable pending condo sale was for unit 1204 at Apogee in Miami Beach—a four-bedroom unit spanning 4,154 square feet—owned by Alan and Nancy Manocherian from New York’s Manocherian family. The unit is listed for $15 million through Julian Johnston of Corcoran Group.
The report also notes that last week saw 57 new luxury listings added in Miami-Dade County, bringing the total number to 1,294.
In comparison, buyers signed contracts for 29 homes in New York last week with a combined asking price nearing $242.8 million; those properties typically spent almost two years on the market before securing buyers.
