South Florida Luxury Market Report: 24 Homes Sold Over $5M, $184M in Total Volume, Week of August 25–September 1, 2026

Week Overview: $184M in Closed Volume Across Nine South Florida Markets

The week of August 25 through September 1, 2026 produced 24 closed luxury residential transactions at or above the $5 million threshold, totaling $184.0 million in combined sales volume. The price range spanned from $5.1 million — a 4-bedroom, 5,625-square-foot estate at 11513 Green Bayberry Drive in Palm Beach Gardens — up to $14.5 million for a 20-bathroom compound at 959 SE 6th Avenue in Deerfield Beach. The median sale price for the week landed approximately at $6.6 million, illustrating a market where mid-tier luxury product between $5 million and $8 million continues to drive the bulk of transaction activity.

Markets represented this week included Miami, Fort Lauderdale, Deerfield Beach, Jupiter Island, Jupiter, Pinecrest, Palm Beach Gardens, Sunny Isles Beach, Coral Gables, Boca Raton, Palm Beach, Miami Beach, and Maitland/Winter Park. Fort Lauderdale was the most active single market with four closed sales, followed by Boca Raton with four closings and Palm Beach Gardens and Sunny Isles Beach each contributing two. The geographic spread from Coral Gables north through Palm Beach and inland to Winter Park underscores the breadth of buyer demand across South and Central Florida's luxury tier.

Notable Sales: Top 5 Closings of the Week

The week's highest recorded sale was 959 SE 6th Avenue in Deerfield Beach at $14.5 million. The property, which carried 20 bathrooms and spent 171 days on market before closing, stands out as the most significant transaction of the week by a margin of $900,000 over the second-ranked sale. Second place belongs to 5775 Collins Ave #1501 in Miami Beach, a 4-bedroom, 6-bathroom high-rise residence spanning 3,443 square feet on the 15th floor, which closed at $13.6 million after 168 days on market — a per-square-foot figure exceeding $3,950 and among the highest recorded in this reporting period. Third is 570 Manor Road in Maitland/Winter Park, an expansive 6-bedroom, 10-bathroom estate of 10,172 square feet that closed at $11.3 million after 317 days on market, representing one of the largest footprints closed this week. Fourth, 55 Links Road on Jupiter Island closed at $11.1 million for a 4-bedroom, 3,938-square-foot residence with just 97 days on market, a notably efficient close for a property at that price point on one of Florida's most exclusive barrier islands.

Rounding out the top five, 303 S Maya Palm Drive in Boca Raton closed at $10.2 million. The 5-bedroom, 5,803-square-foot home spent 87 days on market before closing, consistent with the Boca Raton waterfront segment's historical absorption pace. Together, these five transactions alone account for $60.7 million — approximately 33 percent of the week's total volume — demonstrating how a handful of trophy assets can anchor weekly volume figures even when the broader sale count remains diversified across markets.

Full Sales List: All 24 Closed Transactions, August 25–September 1, 2026

The complete roster of closed sales above $5 million for the week is as follows: 959 SE 6th Avenue, Deerfield Beach — $14.5M | 20 BA | 171 days on market. 5775 Collins Ave #1501, Miami Beach — $13.6M | 4 BD | 6 BA | 3,443 sq ft | 168 days on market. 570 Manor Road, Maitland/Winter Park — $11.3M | 6 BD | 10 BA | 10,172 sq ft | 317 days on market. 55 Links Road, Jupiter Island — $11.1M | 4 BD | 3,938 sq ft | 97 days on market. 303 S Maya Palm Drive, Boca Raton — $10.2M | 5 BD | 5,803 sq ft | 87 days on market. 2839 NE 26th Place, Fort Lauderdale — $8.5M | 6 BD | 7 BA | 6,750 sq ft | 101 days on market. 1528 SE 11th Street, Fort Lauderdale — $8.4M | 5 BD | 4,935 sq ft | 118 days on market. 511 Silver Lane, Boca Raton — $8.2M | 5 BD | 4,874 sq ft | 57 days on market. 2130 S Miami Avenue, Miami — $7.7M | 6 BD | 5,890 sq ft | 51 days on market. 15620 SW 188th Court, Miami — $7.5M | 7 BD | 6 BA | 7,384 sq ft | 153 days on market. 7901 SW 120th Street, Pinecrest — $6.9M | 7 BD | 8 BA | 6,138 sq ft | 85 days on market. 17749 Collins Ave #3501, Sunny Isles Beach — $6.5M | 4 BD | 7 BA | 4,609 sq ft | 490 days on market. 300 S Ocean Boulevard #1B, Palm Beach — $6.7M | 2 BD | 1,857 sq ft | 82 days on market. 17901 Collins Ave #3003, Sunny Isles Beach — $6.7M | 4 BD | 5 BA | 2,987 sq ft | 377 days on market. 19599 SE Turnbridge Drive #78, Jupiter — $6.3M | 5 BD | 3 BA | 3,681 sq ft | 22 days on market. 441 Royal Plaza Drive, Fort Lauderdale — $6.1M | 6 BD | 6,162 sq ft | 70 days on market. 3551 Jonathans Harbour Drive, Jupiter — $6.1M | 3 BD | 3,947 sq ft | 55 days on market. 1228 Alhambra Circle, Coral Gables — $5.6M | 6 BD | 5 BA | 4,319 sq ft | 77 days on market. 13060 Monet Lane, Palm Beach Gardens — $5.6M | 3 BD | 4,209 sq ft | 225 days on market. 424 Coconut Isle Drive, Fort Lauderdale — $5.2M | 5 BD | 5,301 sq ft | 136 days on market. 450 NE 10th Street, Boca Raton — $5.4M | 5 BD | 5,578 sq ft | 370 days on market. 2 N Breakers Row #N25, Palm Beach — $5.4M | 3 BD | 3,084 sq ft | 379 days on market. 18338 Guardian Circle, Boca Raton — $5.3M | 5 BD | 5,192 sq ft | 45 days on market. 11513 Green Bayberry Drive, Palm Beach Gardens — $5.1M | 4 BD | 5,625 sq ft | 153 days on market.

A notable pattern within the full list is the divergence in days on market, which ranged from just 22 days — 19599 SE Turnbridge Drive #78 in Jupiter — to 490 days for 17749 Collins Ave #3501 in Sunny Isles Beach. That 490-day close, combined with the 490-day close at 17901 Collins Ave #3003 at 377 days and 2 N Breakers Row #N25 in Palm Beach at 379 days, reflects selective buyer behavior in the high-rise and resort condo segment, where inventory patience has become a negotiating tool rather than a market signal of distress.

Market Commentary: What This Week's Data Signals for South Florida Luxury

Denis Smykalov, Founder and Broker at Wolsen Waterfront with over $500 million in closed waterfront transactions, notes that the week's distribution of closings tells a nuanced story about where conviction is strongest in the current market. 'What's notable this week is that the fastest-moving properties — Jupiter at 22 days, Boca Raton at 45 days, Miami at 51 days — are single-family homes with clear waterfront or estate characteristics and straightforward value propositions,' Smykalov observes. 'Meanwhile, you have condo product in Sunny Isles Beach sitting 377 to 490 days before finally clearing. That gap tells you buyers in the high-rise segment are waiting for alignment, not for deals — these are patients, not bargain hunters, and the sellers who eventually transacted understood that.' The presence of four Fort Lauderdale closings in a single week, spanning $5.2 million to $8.5 million, is also worth flagging as a signal that the Las Olas and Intracoastal corridor continues to absorb demand that may have priced out of Palm Beach proper.

The Miami Beach close at $13.6 million for a sub-3,500-square-foot unit at 5775 Collins Avenue is among the most significant per-foot transactions recorded in this segment in recent months and reinforces the premium that full-service oceanfront towers command in the $3,000-plus-per-square-foot tier. Smykalov also points to the Winter Park close at $11.3 million — a 10,172-square-foot estate after 317 days on market — as a reminder that Central Florida trophy assets are increasingly appearing in the same conversation as coastal luxury. 'That sale at 570 Manor Road is a data point, but it's also a trend marker,' he notes. 'Buyers with generational wealth are not limiting their search to the coastline, and that's a shift we've watched accelerate since 2024.' Overall, with $184 million clearing in a single week during what has historically been a quieter late-summer window, the data argues for a market that is functioning with efficiency at the upper end, particularly where product is well-positioned and priced to current appraisal reality.

Buyer and Seller Opportunities: What This Week's Data Means for You

For sellers, this week's data reinforces a straightforward principle: properties that are priced accurately and presented cleanly are closing in under 90 days — often well under. The 22-day close in Jupiter, the 45-day close in Boca Raton, and the 51-day close in Miami are not outliers driven by distress pricing; they represent realistic execution timelines when a listing enters the market calibrated to where buyer demand actually sits. Sellers holding overpriced inventory in the condo segment — particularly in Sunny Isles Beach, where two closings this week came after 377 and 490 days respectively — should treat those comps as a direct readout of what extended market time costs in terms of carrying expense, negotiating leverage, and ultimate sale price.

For buyers, this week's range from $5.1 million to $14.5 million across nine markets offers a clear map of where value is achievable and where competition is intensifying. The Fort Lauderdale and Jupiter markets in particular showed multiple closings with sub-110-day market times, suggesting that well-priced waterfront inventory in those corridors is not lingering. Palm Beach continues to produce premium per-foot figures even in smaller units — the 2-bedroom, 1,857-square-foot unit at 300 S Ocean Boulevard closed at $6.7 million, a figure that reflects the irreplaceable character of that address more than its footprint. Buyers tracking the market closely can reach Denis Smykalov at Wolsen Waterfront (denis@wolsenre.com) for current off-market opportunities.

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