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2023 SoFi Median Sales Prices

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The Median Sales price of a Condominium in the South of Fifth Neighborhood was $1,650,000, and at its highest level, for the months of October and November, 2023.  That contrasted significantly with a Median price of $450,000 in the previous month of September.  The Median Sales Price was over $1 million for half of the year.

Today there are about 204 units for sale in the South of Fifth neighborhood. This is how they are priced:

Under $ Million     73 Units
$1-2 Million.           39 Units
$2-4 Million.          50 Units
$5 Million plus.     42 Units

The least expensive unit is priced at $199,000, while the most expensive is priced at $47,500,000.  Almost twice as many units are selling for more than $1 million than are selling for less, and the number of units selling for more than $5 million is becoming increasingly significant.

 

 

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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