A trust associated with Solly Azar, a figure known for his role in the wholesale insurance brokerage sector, has found a buyer for a Bal Harbour condominium listed at nearly $36 million. The property is located at Oceana Bal Harbour, 10201 Collins Avenue. Unit 2601, which spans 7,442 square feet and includes four bedrooms and four-and-a-half bathrooms, is under contract for $35.9 million, or $4,824 per square foot. Ruthie and Ethan Assouline and Eytan Namiech of Douglas Elliman’s Assouline Team are representing the seller, while Joelle Oiknine’s team at One Sotheby’s International Realty represents the buyer. According to public records, Azar purchased the two units comprising this condo for $16.3 million when the building was completed in 2017.
The latest Eklund-Gomes report shows that between August 18 and August 24, buyers signed nine contracts on homes and condos listed at $4 million or more in Miami-Dade County. These properties spent an average of 114 days on the market. The week also saw 38 new luxury listings added to bring the total to 1,141.
Of the nine contracts signed last week—seven single-family homes and two condos—the total asking dollar volume reached $92.3 million. The two condos had an average asking price of $20.7 million and spent an average of 168 days on the market.
Single-family homes that went under contract had an average asking price of $7.3 million with an average time on market of 98 days, totaling $50.9 million in asking volume.
The most expensive single-family home placed under contract was a six-bedroom house at 3976 Little Avenue in Coconut Grove listed just below $13 million by Judy and Nathan Zeder of Coldwell Banker’s Jills Zeder Group. This Spanish colonial home sits on a 0.4-acre lot and was previously sold for $5.1 million in 2021.
In comparison, New York saw buyers sign contracts for 22 homes last week with a combined asking price of $150.9 million; these properties spent an average of 993 days on the market.
“
