23 for Sale

1 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	806	1/1.5	1,160 ft2 (108m2)	$927 ($9,975)	$1,075,000	Nov 02, 20	22
	904	1/1.5	1,160 ft2 (108m2)	$612 ($6,588)	$710,000	Aug 11, 20	20

2 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	4304	2/2.5	2,040 ft2 (190m2)	$1,762 ($18,969)	$3,595,000	Jan 30, 20	21
	3702	2/2.5	1,960 ft2 (182m2)	$1,505 ($16,201)	$2,950,000	Nov 07, 19	26
	4206	2/2.5	2,040 ft2 (190m2)	$1,225 ($13,191)	$2,500,000	Sep 01, 20	31
	2202	2/2.5	2,040 ft2 (190m2)	$1,223 ($13,165)	$2,495,000 4%	Jul 20, 20	85
	3604	2/2.5	1,960 ft2 (182m2)	$1,222 ($13,153)	$2,395,000	May 16, 20	34
	3506	2/2.5	1,960 ft2 (182m2)	$1,219 ($13,125)	$2,390,000 15%	Nov 22, 19	33
	3504	2/2.5	1,960 ft2 (182m2)	$1,018 ($10,956)	$1,995,000 11%	Sep 08, 20	18
	3806	2/2.5	1,960 ft2 (182m2)	$995 ($10,709)	$1,950,000 11%	Mar 13, 19	35

3 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	3801/3802	3/3.5	4,510 ft2 (419m2)	$1,884 ($20,284)	$8,499,000 8%	Nov 15, 19	21
	3703	3/2.5	2,550 ft2 (237m2)	$1,567 ($16,863)	$3,995,000	Nov 18, 20	42
	3905	3/3.5	2,550 ft2 (237m2)	$1,490 ($16,036)	$3,799,000	Jan 04, 21	47
	2005	3/2.5	2,340 ft2 (217m2)	$1,496 ($16,100)	$3,500,000	Jun 13, 18	24
	2101	3/2.5	2,340 ft2 (217m2)	$1,368 ($14,720)	$3,200,000	Jan 13, 21NEW	24
	1203	3/2.5	2,340 ft2 (217m2)	$1,235 ($13,294)	$2,890,000	Oct 14, 20	28
	1801	3/2.5	2,340 ft2 (217m2)	$1,218 ($13,110)	$2,850,000	Aug 26, 20	34
	1601	3/2.5	n/a	$0 ($0)	$2,650,000 20%	Jun 06, 20	35
	1005	3/2.5	2,340 ft2 (217m2)	$936 ($10,074)	$2,190,000	Dec 26, 19	16
	903	3/2.5	2,340 ft2 (217m2)	$851 ($9,158)	$1,990,990	Sep 28, 20	49

4 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	3405	4/3.5	4,720 ft2 (439m2)	$1,653 ($17,788)	$7,800,000	Dec 02, 20	28
	LP4004	4/4	4,100 ft2 (381m2)	$1,705 ($18,351)	$6,990,000 18%	Jun 15, 17	48

5 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
		5/5	4,300 ft2 (399m2)	$3,372 ($36,297)	$14,500,000	Sep 15, 20	33

Pending Sales in Portofino Tower These are recent sales that have not closed. The final sales prace will be published after the property closed.

9 for Rent

2 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	4202	2/2.5	2,040 ft2 (190m2)	$7 ( $79)	$15,000	Jun 12, 2020	27
	404	2/3	1,780 ft2 (165m2)	$3 ( $32)	$5,300	Oct 05, 2020	16

3 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	LPH2	3/3.5	4,300 ft2 (399m2)	$8 ( $88)	$35,000	Dec 08, 2020	16
	801	3/2.5	2,340 ft2 (217m2)	$9 ( $92)	$20,000	Dec 17, 2020	27
	2305	3/2.5	2,340 ft2 (217m2)	$5 ( $53)	$11,500 5%	Jun 11, 2020	22
	2103	3/2.5	2,340 ft2 (217m2)	$5 ( $53)	$11,500	Sep 30, 2020	35
	1505	3/2.5	2,340 ft2 (217m2)	$4 ( $48)	$10,500	Nov 16, 2020	16
	2103	3/2.5	2,340 ft2 (217m2)	$4 ( $46)	$10,000	Sep 30, 2020	35
	1701	3/2.5	2,340 ft2 (217m2)	$3 ( $36)	$7,900	Jan 04, 2021	38

Statistics

23 of 216 for Sale (11%)

• Avg. List Price

  $3,778,652

• Avg. Price / SQ. FT.

  $1,580

• Highest Priced

  $14,500,000

• Avg. days on market

  289

9 of 216 for Rent (4%)

• Avg. List Price

  $14,078

• Avg. Price / SQ. FT.

  $6

• Highest Priced

  $35,000

• Avg. days on market

  98

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Average Sales Prices by Units in Portofino Tower

Average Asking Price vs Average Sold Price in Portofino Tower

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SOLD

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Sold in Last 12 Months

Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
1 Bedroom Apartmnets Sold in Portofino Tower
2020-10-19 808 $980,000 $980,000 1,090 ft2 (101m2) 1/1.5 $899( $9,678)
2019-12-23 807 $795,000 $749,000 6% 1,160 ft2 (108m2) 1/1.5 $646( $6,950)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
2 Bedroom Apartmnets Sold in Portofino Tower
2019-08-16 3906 $2,400,000 $2,400,000 1,960 ft2 (182m2) 2/2.5 $1,224($13,180)
2019-11-19 3304 $2,800,000 $2,800,000 1,960 ft2 (182m2) 2/2.5 $1,429($15,377)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
4 Bedroom Apartmnets Sold in Portofino Tower
2019-05-06 1401/2 $5,750,000 $4,999,990 13% 4,380 ft2 (407m2) 4/5 $1,142($12,288)

Portofino Tower Condo, South Beach

A stunning 44-story masterpiece, Portofino Tower situated on the waterway connecting Biscayne Bay and the Atlantic Ocean. Portofino was one of the first of the new breed of ultra-luxury residences that now grace the hugely-popular area know as "SoFi" (South of Fifth Street in South Beach). Built by the legendary builder Jorge Perez, Portofino Tower certainly set the stage for the evolution of luxury condo living in South Beach.  Built in 1997, Portofino Tower stands up to the best of today's new luxury highrises with massive floorplans, floor-to-ceiling glass windows and views that are worthy of taking your breath away.

Portofino Tower Amenities

• Semi-private elevator foyers
• Stunning kitchens featuring Subzero and Miele appliances
• 24 hour valet and security, and featuring one of South Beach's only guard-gated condo
• A spa-in-the-sky that has yet to be matched by any other spa .

For any questions about South Beach Real Estate contact Miami Residence Realty - South Beach Real Estate Agent.
Call today 305-751-1000

For any questions about South Beach Real Estate contact Miami Residence Realty - South Beach Real Estate Agent.
Call today 305-751-1000