Eric Broad of The Corcoran Group was recently featured by Traded for representing the buyer in the $3.75 million sale of a Miami Beach condo at 1300 Monad Ter Unit 8D.
According to Traded, the transaction involved a 2,269-square-foot condo at Monad Terrace, with a sale price of $3,750,000 and a reported price per square foot of approximately $1,652. Eric Broad represented the buyer, while Joshua Winarick and Michael Duchon of The Corcoran Group represented the seller.
The sale reflects the continued strength of Miami Beach’s luxury condo market and the importance of highly connected, locally informed representation when buyers are pursuing distinctive properties in competitive buildings.
A Notable Buyer-Side Transaction at Monad Terrace
A Distinctive Miami Beach Address
Monad Terrace is one of Miami Beach’s more recognizable luxury condominium addresses, known for its design-forward presence, waterfront setting, and appeal among buyers seeking a refined alternative to more conventional high-rise living.
For buyers evaluating property at this level, the decision is rarely based on square footage alone. Building identity, privacy, design, views, service, amenities, outdoor space, ownership profile, and long-term market strength all play a role in determining whether a residence is the right fit.
What the Sale Details Show
At $3.75 million, the sale of Unit 8D represents a meaningful transaction within the Miami Beach luxury condo market. The reported price per square foot, combined with the building’s position in the market, points to continued demand for thoughtfully designed residences in established luxury buildings.
For Eric’s buyer, the purchase was not simply about securing a condo. It was about identifying the right opportunity in the right building and moving with confidence once that opportunity became available.
Deal Snapshot
Transaction Details Reported by Traded
- Property Type: Condo
- Address: 1300 Monad Ter Unit 8D
- Market: Miami Beach, Florida
- Sale Price: $3,750,000
- Total Square Footage: 2,269 square feet
- Price Per Square Foot: Approximately $1,652
- Buyer’s Representative: Eric Broad, The Corcoran Group
- Seller’s Representatives: Joshua Winarick and Michael Duchon, The Corcoran Group
- Reported Deal Date: March 27, 2026
The transaction also remained within The Corcoran Group, with Corcoran agents representing both sides of the deal. That kind of alignment can create a smoother path for communication, coordination, and execution when handled with care and professionalism.
Buyer Representation With Access and Timing
Finding the Right Opportunity
In luxury real estate, the right property does not always arrive through a traditional search process. Some opportunities surface through relationships, internal networks, social media visibility, private conversations, and early awareness before a residence receives broader market attention.
Traded noted that the right buyer was identified through an Instagram post before the unit was officially listed, underscoring how valuable timing, visibility, and agent connectivity can be in a competitive market.
For buyers, that kind of access matters. It can create the opportunity to evaluate a property earlier, move more strategically, and avoid the pressure of a crowded public-market process.
Guidance From Interest to Closing
Eric’s role as buyer’s representative is to help clients understand both the opportunity and the details behind it. That includes evaluating the building, reviewing comparable sales, understanding price positioning, assessing the lifestyle fit, and negotiating with the client’s long-term interests in mind.
From initial interest through closing, Eric helps clients move with clarity. His approach is calm, responsive, and grounded in the kind of local perspective that becomes especially important when the property, building, and timing all matter.
Why Building-Level Knowledge Matters in Miami Beach
Luxury Condos Are Not Interchangeable
Miami Beach’s luxury condo market is highly specific. Two residences with similar square footage can offer very different ownership experiences depending on the building, location, views, finishes, service standards, association health, amenity quality, privacy, and future resale demand.
Buyers at the high end of the market are often comparing properties across several neighborhoods and building types. A residence at Monad Terrace may be weighed against options in South Beach, Mid-Beach, Bal Harbour, Surfside, Sunny Isles Beach, or other waterfront communities throughout South Florida.
Understanding More Than Price
Price is only one part of the decision. The stronger question is whether the property fits the buyer’s lifestyle, financial goals, timing, and long-term plan. That requires an advisor who can help interpret the market rather than simply react to it.
Eric helps buyers evaluate the full picture. He looks at the property itself, but also the building’s place in the market, the surrounding neighborhood, recent sales activity, potential competition, and the details that may influence long-term value.
Eric Broad’s South Florida Perspective
Connected Across the Coastal Luxury Corridor
Eric’s work spans some of South Florida’s most desirable coastal communities, including Bay Harbor Islands, Bal Harbour, Surfside, Miami Beach, Sunny Isles Beach, and Aventura. That regional perspective gives buyers a clearer sense of how different markets compare.
Bay Harbor Islands offers boutique island living and a quieter residential feel. Bal Harbour is defined by privacy, prestige, and long-term scarcity. Surfside brings beachside charm and walkability. Miami Beach offers a wider range of luxury condo options, from architecturally significant boutique buildings to full-service waterfront residences.
For buyers considering a major purchase, that context is essential. It helps them understand not only what they are buying, but why one building or neighborhood may be better aligned with their priorities than another.
A Refined, High-Touch Process
Eric’s approach is built for clients who value discretion, responsiveness, and thoughtful guidance. Luxury buyers often have specific expectations and limited time. They want informed advice, efficient communication, and a process that feels organized from the first conversation to the closing table.
Whether advising on a private opportunity, a new development residence, an oceanfront condo, or a Miami Beach property like Monad Terrace, Eric focuses on making the process feel clear and considered. His clients rely on him for steady guidance, market knowledge, and an ability to help them move decisively when the right opportunity appears.
What This Sale Says About the Market
Continued Demand for Design-Focused Luxury
The $3.75 million sale at 1300 Monad Ter Unit 8D points to continued demand for luxury residences that offer more than location alone. Buyers are drawn to buildings with identity, privacy, design value, and a strong sense of place.
In Miami Beach, that kind of differentiation matters. The market includes a wide range of inventory, but discerning buyers are often looking for residences that feel distinct, well-positioned, and aligned with the way they want to live.
The Value of the Right Advisor
For buyers, the right advisor can make the search more focused and the decision-making process more confident. Eric’s role is to help clients understand where the value is, what questions to ask, and how to move through each stage of the transaction with clarity.
In a competitive luxury market, that combination of access, local knowledge, and steady execution can make all the difference.
Featured by Traded
Traded covered the transaction as part of its reporting on notable real estate deals across major markets. The feature identified the property as a Miami Beach condo at 1300 Monad Ter Unit 8D and recognized Eric Broad of The Corcoran Group as the buyer’s representative in the $3.75 million sale.
Read the original Traded feature here:
Eric Broad of The Corcoran Group Represents Buyer in $3.75M Miami Beach Condo Sale.
Work With Eric Broad
Luxury Real Estate Guidance in Miami Beach and Beyond
For buyers considering a residence in Miami Beach, Surfside, Bal Harbour, Bay Harbor Islands, Sunny Isles Beach, Aventura, or the surrounding South Florida coastline, Eric offers a refined, locally grounded approach to real estate.
His guidance is built for clients who value privacy, clarity, and thoughtful execution. Whether purchasing a design-forward condo, evaluating a private opportunity, or comparing luxury buildings across the coast, Eric helps clients understand the market and move forward with confidence.
To discuss buying or selling in South Florida’s luxury coastal markets, connect with Eric Broad for a private consultation.
