The Coral Gables residence previously owned by former Miami Heat player Justise Winslow is now under contract with a new buyer. This transaction represents the second highest-priced deal among 15 contracts signed in Miami-Dade County from November 10 to November 16, as reported by Eklund-Gomes. The report tracks homes and condos listed at $4 million or more on the Multiple Listing Service, noting that properties spent an average of 121 days on the market during this period.
A total of 57 luxury listings were added last week, bringing the county’s inventory to 1,262 high-end properties. In comparison, buyers had signed contracts for 12 properties totaling $120 million in asking price during the previous week.
According to Douglas Elliman’s Eklund-Gomes team led by Fredrik Eklund and John Gomes, the nine single-family homes and six condos placed under contract last week have a combined asking price of $100.2 million. The single-family homes averaged an asking price of $7.8 million and spent about 96 days on the market, with their total asking volume reaching $30.3 million.
The most expensive property entering contract was a waterfront home at 4042 Island Estates Drive in Aventura. The nearly 7,800-square-foot house features five bedrooms, six bathrooms, two half-bathrooms, a pool, spa, outdoor kitchen, and over 250 feet of water frontage. Compass agent Chad Carroll has listed it for almost $15 million; records show Hillel Shohet’s company bought it for $11.9 million in 2022.
The second most expensive contract was for a non-waterfront house at 506 Sunset Drive in Coral Gables. Listed by Compass agents Ben Moss and Eric Torrente for nearly $9 million, this six-bedroom home spans over 7,300 square feet on a 0.7-acre lot and was built in 2008. Property records indicate Geidy Leon—co-founder of Doral-based Miura Cigars—and her husband Jorge Leon own the home after purchasing it from Winslow in 2022 for $5.5 million.
Condos that went under contract last week averaged an asking price of $5 million with about three months on the market; their total asking volume also reached $30.3 million or roughly $1,979 per square foot.
At Ritz-Carlton Bal Harbour, unit 1008 at 10295 Collins Avenue became the priciest condo to secure a buyer last week with an asking price of $6.5 million ($2,350 per square foot). Keller Williams Realty Premier agent Fritz Wagor has the listing; property records show private equity investor Jim Lim acquired it for $4.5 million in 2020.
In New York City during the same period tracked by Olshan’s report, buyers signed contracts for 25 homes with a combined value near $197.4 million; these properties typically remained on the market much longer—an average of over one year and eight months.
