21 for Sale

1 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	909	1/1.5	1,090 ft2 (101m2)	$733 ($7,890)	$799,000	Apr 25, 19	22

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 03, 19	25
	2206	2/2.5	2,040 ft2 (190m2)	$1,125 ($12,109)	$2,295,000 4%	Apr 11, 19	14
	3806	2/2.5	1,960 ft2 (182m2)	$1,122 ($12,082)	$2,200,000	Mar 13, 19	30
	3404	2/2.5	1,960 ft2 (182m2)	$1,122 ($12,082)	$2,200,000	Jan 22, 19	17
	2506	2/2.5	2,040 ft2 (190m2)	$1,054 ($11,344)	$2,150,000 4%	Mar 13, 19	23
	2006	2/2.5	2,040 ft2 (190m2)	$980 ($10,548)	$1,999,000	Apr 25, 19	17
	1206	2/2.5	2,040 ft2 (190m2)	$882 ($9,492)	$1,799,000 3%	Apr 23, 19	36
	606	2/2	1,780 ft2 (165m2)	$674 ($7,257)	$1,200,000 11%	Oct 06, 18	24
	904	2/1.5	1,160 ft2 (108m2)	$819 ($8,815)	$950,000	Jun 15, 18	20

3 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	2005	3/2.5	2,340 ft2 (217m2)	$1,496 ($16,100)	$3,500,000	Jun 13, 18	24
		3/2.5	2,340 ft2 (217m2)	$1,278 ($13,754)	$2,990,000	Apr 11, 19	18
	1705	3/2.5	2,340 ft2 (217m2)	$1,026 ($11,040)	$2,400,000 17%	Feb 28, 19	26
	805	3/2.5	2,340 ft2 (217m2)	$1,004 ($10,810)	$2,350,000	Nov 12, 18	18
		3/2.5	2,250 ft2 (209m2)	$1,000 ($10,764)	$2,250,000	Jun 20, 18	27
	Lanai5	3/2.5	2,340 ft2 (217m2)	$855 ($9,200)	$1,999,999	Oct 17, 17	28
	303	3/2.5	2,340 ft2 (217m2)	$853 ($9,177)	$1,995,000	May 14, 19	11

4 Bedroom Units for Sale in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Price	Listed on
	LPH2	4/4.5	4,300 ft2 (399m2)	$2,279 ($24,532)	$9,800,000	May 01, 19	36
	3405/6	4/3.5	4,510 ft2 (419m2)	$1,718 ($18,497)	$7,750,000 13%	Oct 20, 17	63
	LP4004	4/4	4,100 ft2 (381m2)	$1,680 ($18,089)	$6,890,000 19%	Jun 15, 17	44
	1401/2	4/4.5	4,380 ft2 (407m2)	$1,313 ($14,131)	$5,750,000	May 06, 19	55

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

16 for Rent

1 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	802	1/1.5	1,090 ft2 (101m2)	$4 ( $42)	$4,250 6%	Dec 14, 2018	25
	808	1/1.5	1,090 ft2 (101m2)	$4 ( $40)	$4,000 11%	Feb 02, 2018	12
	904	1/1.5	1,160 ft2 (108m2)	$3 ( $35)	$3,750 6%	Jan 15, 2019	20

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)	$5 ( $52)	$9,900	Dec 31, 2019	14
	1504	2/2.5	2,040 ft2 (190m2)	$4 ( $42)	$8,000	Jan 07, 2019	21
	3806	2/2.5	1,960 ft2 (182m2)	$4 ( $41)	$7,500	Dec 10, 2018	30
	2004	2/2.5	2,040 ft2 (190m2)	$4 ( $38)	$7,250	Apr 02, 2019	20
	2606	2/2.5	2,040 ft2 (190m2)	$3 ( $37)	$6,950	Feb 20, 2019	13
	1502	2/2.5	2,040 ft2 (190m2)	$3 ( $36)	$6,900	Apr 24, 2019	17
	606	2/2	1,780 ft2 (165m2)	$3 ( $35)	$5,800 11%	Mar 29, 2019	24
	504	2/2	1,780 ft2 (165m2)	$3 ( $31)	$5,200	Apr 29, 2019	28

3 Bedroom Units for Rent in Portofino Tower

	Apt	Bed/ Bath	Living Area	$ per ft2 (m2)	Rent	Listed on
	3905	3/3.5	2,550 ft2 (237m2)	$7 ( $74)	$17,500	Mar 06, 2019	40
	703	3/2.5	2,340 ft2 (217m2)	$4 ( $41)	$9,000	May 01, 2019	12
		3/2.5	2,340 ft2 (217m2)	$3 ( $36)	$7,900	Jan 11, 2019	19
	705	3/2.5	2,340 ft2 (217m2)	$3 ( $32)	$6,999	Jan 25, 2019	16
	403	3/2.5	2,340 ft2 (217m2)	$3 ( $32)	$6,990	Mar 08, 2019	24

Statistics

21 of 216 for Sale (10%)

• Avg. List Price

  $3,183,905

• Avg. Price / SQ. FT.

  $1,293

• Highest Priced

  $9,800,000

• Avg. days on market

  193

16 of 216 for Rent (7%)

• Avg. List Price

  $7,368

• Avg. Price / SQ. FT.

  $4

• Highest Priced

  $17,500

• Avg. days on market

  119

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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
2017-08-15 802 $1,249,000 $1,049,000 16% 1,090 ft2 (101m2) 1/1.5 $962($10,359)
Sale Date Apt Asking Sold Price Living Area Bed/Bath $ per ft2 (m2)
2 Bedroom Apartmnets Sold in Portofino Tower
2018-05-14 1406 $2,095,000 $1,799,000 14% 2,040 ft2 (190m2) 2/2.5 $882( $9,492)
2018-02-26 3306 $2,590,000 $2,250,000 13% 1,960 ft2 (182m2) 2/2.5 $1,148($12,357)
2018-01-17 $2,595,000 $1,895,000 27% 2,040 ft2 (190m2) 2/2.5 $929( $9,999)
2017-06-30 3402 $2,699,000 $2,340,000 13% 1,960 ft2 (182m2) 2/2.5 $1,194($12,851)
2017-12-04 2104 $2,100,000 $2,100,000 2,040 ft2 (190m2) 2/2.5 $1,029($11,080)
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)
2018-06-07 803 $2,580,000 $2,495,000 3% 2,340 ft2 (217m2) 3/2.5 $1,066($11,477)
2018-05-01 405 $1,499,000 $1,499,000 2,340 ft2 (217m2) 3/2.5 $641( $6,895)

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