$32M Surf Club Four Seasons condo under contract to flip for big profit
Luxury condo market shows cooling trend with fewer high-end deals signed in Miami-Dade
A prospective buyer signed a contract for a condo at the Four Seasons Residences at the Surf Club, asking $31.5 million. It’s one of nine luxury home contracts signed in Miami-Dade County between June 29 and July 5, according to the weekly report by Douglas Elliman’s Eklund-Gomes team. The previous period saw 17 deals for luxury homes in the market asking a combined $133.4 million. The report tracks listings of homes and condos asking $4 million and up in Miami-Dade that are included in the Multiple Listing Service. The listings in last week’s report spent an average of 99 days […] This article originally appeared on The Real Deal. Click here to read the full story.
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