20 for Sale

1 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	904	1/1.5	1,160 ft2 (108m2)	$625 ($6,727)	$725,000 9%	Jul 16, 19	27

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
	3506	2/2.5	1,960 ft2 (182m2)	$1,429 ($15,377)	$2,800,000	Nov 22, 19	6
	3906	2/2.5	1,960 ft2 (182m2)	$1,224 ($13,180)	$2,400,000	Aug 16, 19	15
	3806	2/2.5	1,960 ft2 (182m2)	$1,097 ($11,807)	$2,150,000 2%	Mar 13, 19	35
	2006	2/2.5	2,040 ft2 (190m2)	$1,027 ($11,054)	$2,095,000	Feb 04, 20	21
	3404	2/2.5	1,960 ft2 (182m2)	$1,046 ($11,258)	$2,050,000 7%	Jan 22, 19	17
	1206	2/2.5	2,040 ft2 (190m2)	$907 ($9,761)	$1,850,000	Sep 10, 19	47

3 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	3401	3/2.5	2,550 ft2 (237m2)	$1,510 ($16,251)	$3,850,000	Mar 06, 20	27
	2005	3/2.5	2,340 ft2 (217m2)	$1,496 ($16,100)	$3,500,000	Jun 14, 18	24
	2405	3/2.5	2,340 ft2 (217m2)	$1,280 ($13,777)	$2,995,000 5%	Jun 14, 19	38
	1403	3/2.5	2,340 ft2 (217m2)	$1,276 ($13,731)	$2,985,000 1%	Apr 11, 19	17
	1705	3/2.5	2,340 ft2 (217m2)	$1,111 ($11,960)	$2,600,000	Feb 21, 20	20
	1005	3/2.5	2,340 ft2 (217m2)	$936 ($10,074)	$2,190,000	Dec 26, 19	16
	405	3/2.5	2,340 ft2 (217m2)	$936 ($10,074)	$2,190,000	Dec 30, 19	16
	Lanai5	3/2.5	2,340 ft2 (217m2)	$855 ($9,200)	$1,999,999	Oct 17, 17	41
	805	3/2.5	2,340 ft2 (217m2)	$850 ($9,154)	$1,990,000	Dec 04, 19	19
	303	3/2.5	2,340 ft2 (217m2)	$767 ($8,257)	$1,795,000 10%	May 14, 19	19

4 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	LP4004	4/4	4,100 ft2 (381m2)	$1,744 ($18,771)	$7,150,000 16%	Jun 15, 17	48

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

2 Bedrooms Pending Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Pending since
	3304	2/2.5	1,960 ft2 (182m2)	$1,429 ($15,377)	$2,800,000	Nov 19, 19	25

12 for Rent

1 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	707	1/1.5	1,160 ft2 (108m2)	$3 ( $35)	$3,800	Oct 04, 2019	18
	406	1/1.5	1,430 ft2 (133m2)	$3 ( $28)	$3,700 3%	Dec 02, 2019	14
	904	1/1.5	1,160 ft2 (108m2)	$3 ( $32)	$3,500 8%	Aug 12, 2019	21

2 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	606	2/2	1,780 ft2 (165m2)	$3 ( $36)	$5,950 6%	Sep 13, 2019	24
	3402	2/2.5	1,960 ft2 (182m2)	$3 ( $32)	$5,900	Mar 20, 2020	28
	706	2/2	1,160 ft2 (108m2)	$5 ( $51)	$5,500	Feb 19, 2020	19

3 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	2405	3/2.5	2,340 ft2 (217m2)	$5 ( $55)	$11,900	Apr 02, 2020	54
	1005	3/2.5	2,340 ft2 (217m2)	$4 ( $43)	$9,250 15%	Nov 07, 2019	33
	703	3/2.5	2,340 ft2 (217m2)	$4 ( $41)	$9,000	Mar 17, 2020	28
	605	3/2.5	2,340 ft2 (217m2)	$4 ( $41)	$9,000	Dec 16, 2019	39
	705	3/2.5	2,340 ft2 (217m2)	$3 ( $37)	$7,999 14%	Feb 26, 2020	16
	403	3/2.5	2,340 ft2 (217m2)	$3 ( $32)	$6,990	Mar 17, 2020	24

Statistics

20 of 216 for Sale (9%)

• Avg. List Price

  $2,693,000

• Avg. Price / SQ. FT.

  $1,203

• Highest Priced

  $7,150,000

• Avg. days on market

  295

12 of 216 for Rent (6%)

• Avg. List Price

  $6,874

• Avg. Price / SQ. FT.

  $4

• Highest Priced

  $11,900

• Avg. days on market

  95

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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 in Last 12 Months

Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
1 Bedroom Apartmnets Sold in Portofino Tower
2019-04-25 909 $799,000 $799,000 1,090 ft2 (101m2) 1/1.5 $733( $7,890)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
3 Bedroom Apartmnets Sold in Portofino Tower
2018-11-26 1104 $2,085,000 $1,995,000 4% 2,040 ft2 (190m2) 3/2.5 $978($10,526)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
4 Bedroom Apartmnets Sold in Portofino Tower
2019-05-01 LPH2 $9,800,000 $9,800,000 4,300 ft2 (399m2) 4/3.5 $2,279($24,532)
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