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South Florida's High-End Market Report | January

The First Take February 6, 2025

The First Take | January Edition

Welcome to The First Take, where Richard “The Condo King” Goihman of Douglas Elliman delivers exclusive insights into the latest trends and activity across South Florida’s luxury condo market. Each month, Richard provides key developments, highlights market shifts, and offers a comprehensive overview of high-end condos in Aventura, Sunny Isles Beach, Bal Harbour, Surfside, and Golden Beach.

This monthly report is published on the 1st of each month, recapping the previous month’s market activity, giving buyers, sellers, and investors the data they need to make informed decisions in one of the nation’s most dynamic real estate markets.

January Market Trends in South Florida

Aventura

Aventura continues to shine as a premier destination for luxury living, with stunning waterfront views and first-class amenities. In January, the market had 0 sold properties, 1 pending sale, and 4 active listings. The average list price was $6.8M, with $1,453 per sq ft. The top pending sale was Prive #1004 at $3,195,000.

Sunny Isles Beach

Sunny Isles Beach remains a vibrant hotspot for high-end investors. January saw 7 sold properties, 6 pending sales, and 27 active listings. The average list price was $6.1M, with $1,900 per sq ft. The highest sale was Estates at Acqualina #3605 at $13,300,000.

Bal Harbour

Bal Harbour’s ultra-luxury condos continue to attract discerning buyers. January recorded 2 sold properties, 2 pending sales, and 6 active listings, with an average list price of $5.3M and $1,921 per sq ft. The standout sale was Majestic Towers #PH206 at $3,650,000.

Surfside

Surfside remains a magnet for ultra-luxury buyers. January had 1 sold property, 2 pending sales, and 7 active listings, with an average list price of $10.6M and $3,368 per sq ft. The biggest sale was Four Seasons The Surf Club at $13,500,000.

Golden Beach

Golden Beach remains one of South Florida’s most exclusive enclaves. January had 1 sold property, 0 pending sales, and 2 active listings, with an average list price of $9.5M and $1,575 per sq ft. The highest sale was 399 Golden Beach Dr at $7,800,000.

Key Takeaways

With high demand and low inventory, South Florida remains a strong seller’s market. Exclusive waterfront properties in Sunny Isles and Surfside continue to attract international buyers. Investors and buyers seeking prime real estate should act promptly.

About Richard Goihman | The Condo King

With over 25 years of experience, Richard Goihman and The Goihman Group at Douglas Elliman boast a proven track record in South Florida luxury real estate. From record-breaking sales in Aventura, Sunny Isles, and Bal Harbour to navigating a competitive market, Richard ensures clients achieve success.

Why Work with Richard Goihman?

Richard’s deep market knowledge and strategic approach to luxury condo sales make him a trusted advisor. His team consistently secures standout transactions, underlining their industry-leading reputation.

If you’re ready to buy or sell luxury real estate, contact Richard Goihman, aka “The Condo King” today:

📞 (305) 206-2560
📧 [email protected]
🌐 goihmangroup.com

Ready to Buy or Sell Luxury Condos in South Florida?

Contact Richard Goihman, The Condo King, and his team at Douglas Elliman to gain exclusive access to the most coveted luxury condos across Aventura, Sunny Isles, Bal Harbour, Surfside, and Golden Beach. Richard’s expertise ensures a seamless experience, whether buying, selling, or investing.

Richard Goihman

Richard Goihman

EXECUTIVE DIRECTOR OF CONDO SALES AKA “THE CONDO KING”

Born in Caracas and raised in Miami Beach, Richard is a trusted name in South Florida luxury real estate. With a lifelong passion rooted in his family’s development ventures, he combines market expertise, savvy negotiation skills, and a charismatic approach to deliver exceptional results. Outside of real estate, Richard enjoys life with his wife, Ivonn, and their three accomplished children.

Work With Us

Discover the epitome of luxury real estate representation with The Goihman Group. From distinguished properties to global alliances, trust their consummate professionalism and extensive network to navigate the world of luxury real estate effortlessly.