23 for Sale

1 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	807	1/1.5	1,160 ft2 (108m2)	$685 ($7,377)	$795,000	Dec 23, 19	10
	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
	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
	3304	2/2.5	1,960 ft2 (182m2)	$1,429 ($15,377)	$2,800,000	Nov 19, 19	25
	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)	$1,122 ($12,082)	$2,200,000	Mar 13, 19	35
	3404	2/2.5	1,960 ft2 (182m2)	$1,122 ($12,082)	$2,200,000	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
	3801/3802	3/3.5	4,510 ft2 (419m2)	$2,040 ($21,957)	$9,200,000	Nov 15, 19	22
	2101	3/2.5	2,340 ft2 (217m2)	$1,536 ($16,537)	$3,595,000	Dec 16, 19	24
	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)	$1,346 ($14,490)	$3,150,000	Jun 14, 19	38
	1403	3/2.5	2,340 ft2 (217m2)	$1,276 ($13,731)	$2,985,000 1%	Apr 11, 19	17
	1001	3/2.5	2,340 ft2 (217m2)	$1,064 ($11,454)	$2,490,000 7%	Jul 19, 19	42
	903	3/2.5	2,340 ft2 (217m2)	$1,064 ($11,454)	$2,490,000	Jan 20, 20	57
	1705	3/2.5	2,340 ft2 (217m2)	$1,026 ($11,040)	$2,400,000 17%	Feb 28, 19	26
	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.

12 for Rent

1 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	806	1/1.5	1,160 ft2 (108m2)	$3 ( $36)	$3,900 9%	Nov 01, 2019	5
	904	1/1.5	1,160 ft2 (108m2)	$3 ( $35)	$3,800	Aug 12, 2019	21
	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 ( $29)	$3,800	Dec 02, 2019	14

2 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	4304	2/2.5	2,040 ft2 (190m2)	$4 ( $43)	$8,200	Nov 07, 2019	21
	2802	2/2.5	2,040 ft2 (190m2)	$4 ( $39)	$7,400 13%	Jul 02, 2019	18
	3806	2/2.5	1,960 ft2 (182m2)	$3 ( $37)	$6,750 10%	Dec 10, 2018	35
	606	2/2	1,780 ft2 (165m2)	$3 ( $36)	$5,950 6%	Sep 13, 2019	24
	706	2/2	1,160 ft2 (108m2)	$5 ( $51)	$5,500	Dec 17, 2019	21

3 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	1005	3/2.5	2,340 ft2 (217m2)	$4 ( $46)	$9,900 9%	Nov 07, 2019	33
	605	3/2.5	2,340 ft2 (217m2)	$4 ( $41)	$9,000	Dec 16, 2019	39
	1701	3/2.5	2,340 ft2 (217m2)	$3 ( $36)	$7,900	Jan 22, 2020	38

Statistics

23 of 216 for Sale (11%)

• Avg. List Price

  $2,862,826

• Avg. Price / SQ. FT.

  $1,247

• Highest Priced

  $9,200,000

• Avg. days on market

  234

12 of 216 for Rent (6%)

• Avg. List Price

  $6,325

• Avg. Price / SQ. FT.

  $4

• Highest Priced

  $9,900

• Avg. days on market

  120

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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
2018-11-01 2701 $3,250,000 $3,250,000 2,340 ft2 (217m2) 3/2.5 $1,389($14,950)
2018-05-01 405 $1,499,000 $1,499,000 2,340 ft2 (217m2) 3/2.5 $641( $6,895)
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