South Florida Luxury Market Report: 8 Homes Sold Over $5M, $65.2M in Total Volume, Week of September 3–10, 2026

Week Overview: $65.2M in Closed Volume Across Six South Florida Markets

The week of September 3–10, 2026 produced eight closed transactions at or above $5 million across South Florida's luxury residential market, totaling $65.2 million in combined sales volume. The price range spanned from $6.5 million at the low end to $13.5 million at the top, reflecting a broad but consistently high-caliber week of activity. Markets represented include Pinecrest, Miami Beach, Delray Beach, West Palm Beach, Boca Raton, Palm Beach, and Jupiter — illustrating continued geographic breadth in luxury demand throughout the region.

Three of the eight sales — 6060 SW 118th St in Pinecrest, 2012 NW 2nd Avenue in Delray Beach, and 107 Nautical Way in Jupiter — closed with zero days on market, indicating they were either sold off-market, through pre-market buyer relationships, or under contract before public listing. The average sale price for the week was $8.15 million, and the median sat at approximately $7.35 million. The longest market time was 172 days, recorded on a West Palm Beach property, while the shortest market times underscored how quickly correctly priced assets are being absorbed.

Notable Sales: Top 5 Transactions by Price

The week's top sale was 6290 Chapman Field Dr in Pinecrest at $13.5 million — an 8-bedroom, 12-bathroom estate spanning 11,670 square feet. After 146 days on market, the property closed at a scale that places it among the most significant non-waterfront residential transactions in Miami-Dade this year. Second was 6060 SW 118th St, also in Pinecrest, which sold for $9.6 million with zero days on market. At 6,825 square feet with 7 bedrooms and 9 bathrooms, this sale is particularly notable for its instant absorption, suggesting a pre-positioned buyer or off-market introduction. Third on the list is 5344 Boca Marina Circle N in Boca Raton, which closed at $7.6 million. The 5-bedroom, 7-bathroom home spans 6,790 square feet and sits within the Boca Marina community, where waterfront and canal-access properties have seen consistent institutional and private equity buyer interest.

Fourth was 100 S Pointe Dr #3906 in Miami Beach at $7.3 million. This 2-bedroom, 3-bathroom unit spanning 2,048 square feet at the iconic Continuum South Tower represents a price-per-square-foot of approximately $3,564 — among the highest per-foot values in this week's dataset and reflective of premium high-rise condo pricing at South Pointe. Fifth was 225 Seville Road in West Palm Beach, which closed at $7.1 million after 172 days on market. The 4-bedroom, 4,996-square-foot property's extended listing period before closing is an instructive data point for sellers in that submarket.

Full Sales List: All 8 Closed Transactions, Week of September 3–10, 2026

Below is the complete record of luxury closings above $5 million for the week. 1) 6290 Chapman Field Dr, Pinecrest FL 33156 — $13.5M | 8 BD | 12 BA | 11,670 sq ft | 146 days on market. 2) 6060 SW 118th St, Pinecrest FL 33156 — $9.6M | 7 BD | 9 BA | 6,825 sq ft | 0 days on market. 3) 5344 Boca Marina Circle N, Boca Raton FL 33487 — $7.6M | 5 BD | 7 BA | 6,790 sq ft | 58 days on market. 4) 100 S Pointe Dr #3906, Miami Beach FL 33139 — $7.3M | 2 BD | 3 BA | 2,048 sq ft | 22 days on market. 5) 225 Seville Road, West Palm Beach FL 33405 — $7.1M | 4 BD | 4,996 sq ft | 172 days on market.

6) 265 Fairview Road, Palm Beach FL 33480 — $7.0M | 3 BD | 2,471 sq ft | 40 days on market. 7) 107 Nautical Way, Jupiter FL 33477 — $6.7M | 4 BD | 5 BA | 4,466 sq ft | 0 days on market. 8) 2012 NW 2nd Avenue, Delray Beach FL 33444 — $6.5M | 5 BD | 5,434 sq ft | 0 days on market. Combined, these eight properties represent $65.2 million in closed luxury volume and a cross-section of single-family estates, waterfront homes, and ultra-premium condominium product across six distinct South Florida submarkets.

Market Commentary: What This Week's Data Tells Us About South Florida Luxury

The concentration of off-market closings — three of eight sales with zero days on market — stands out as one of the most important signals in this week's data. Denis Smykalov, Founder and Broker at Wolsen Waterfront with more than $500 million in closed waterfront transactions, notes that the cluster of zero-DOM closings across three different markets in a single week is not coincidental. 'When you see Pinecrest, Delray Beach, and Jupiter all post zero-days-on-market closings in the same week, that tells you buyer networks are active and engaged well ahead of public listings,' Smykalov observes. 'These are buyers who are working with brokers who have real inventory relationships, not waiting for a Zillow alert. That dynamic compresses supply further and supports price floors.'

Smykalov also points to the Pinecrest double-close — two properties in the same ZIP code totaling $23.1 million in a single week — as a meaningful data point for that submarket specifically. 'Pinecrest rarely produces two $9M-plus closings in the same seven-day window. The fact that one came in with zero days on market and the other required 146 days illustrates the bifurcation we're seeing: turnkey, well-positioned product moves instantly, while larger or more complex estates require time to find the right buyer.' He adds that the Palm Beach and Jupiter closings reinforce how demand has not retreated back to just Miami-Dade — the entire corridor from Coral Gables to Jupiter remains active with qualified, liquid buyers.

Buyer and Seller Opportunity: What to Take From This Week's Data

For sellers, this week's data offers both encouragement and a clear lesson in pricing discipline. The three zero-days-on-market closings confirm that buyer demand is real and immediate — for properties that are positioned correctly. Meanwhile, the 172-day close in West Palm Beach and the 146-day close in Pinecrest demonstrate that even high-quality assets in desirable markets can sit if they are introduced at the wrong price point or lack proper market exposure. Sellers entering the market this fall should anticipate a more discerning buyer pool that is data-literate and negotiating with full market context.

For buyers, the persistence of off-market deal flow means the public MLS represents only a fraction of what is actually transacting at the $5M-plus level. The $3,564-per-square-foot close at Continuum in Miami Beach signals that premium condo product in irreplaceable locations continues to command top-of-market pricing with no meaningful correction. Buyers tracking waterfront and luxury estates specifically — from Boca Raton's canal-front inventory to Jupiter's boating communities — should expect continued competition for the most liquid and move-in-ready product. Buyers tracking the market closely can reach Denis Smykalov at Wolsen Waterfront (denis@wolsenre.com) for current off-market opportunities.

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