Reality television personality Sam Logan has purchased a waterfront mansion in Miami’s Belle Meade for $22.1 million, making it the highest-priced contract signed in Miami-Dade County between November 17 and November 23. The information comes from the latest Eklund-Gomes report, which tracks luxury homes and condos listed at $4 million or more in the county’s Multiple Listing Service.
During this period, buyers signed contracts for 21 properties—12 single-family homes and nine condominiums—with a total asking dollar volume of $179 million. The average time on the market for these properties was 196 days. The week also saw 57 new luxury listings added, bringing the total to 1,294 active listings.
The single-family homes under contract last week had an average asking price of $8.7 million and were listed for an average of 114 days, totaling $104.5 million in asking value. Property records indicate that developer Mohammed Hussain sold the over-10,000-square-foot Belle Meade residence to Logan, who appeared on MTV’s “Siesta Key.” The home at 905 Belle Meade Island Drive features seven bedrooms, eight and a half bathrooms, an eight-car garage, gym, and spa. It was completed earlier this year and had been listed for $25 million before selling.
Condominiums that found buyers last week averaged an asking price of $8.3 million with an average listing period of 304 days. Their combined asking value reached $74.4 million, averaging $1,595 per square foot.
Among pending condo sales is a unit at Apogee in Miami Beach: unit 1204 at 800 South Pointe Drive is owned by Alan and Nancy Manocherian of New York’s Manocherian family—known for their prominence in real estate since the 1970s—and is listed at $15 million with Julian Johnston of Corcoran Group as agent.
For comparison, New York buyers signed contracts for 29 homes last week with a combined asking price nearing $242.8 million; those properties spent a median of nearly two years on the market.
