In the past ninety days, we have experienced near-record sales prices for several premier luxury waterfront condominiums in Miami Beach's South of Fifth District. It should be noted that the closest recent sales at both Continuum Condos North and South Towers were approximately $300/Sq.Ft. lower in price from the examples that I've cited below. So I'd like to provide a quick synopsis as to why these specific recent sales closed at near record-breaking prices of over $1,500 /Sq. Ft. at The Continuum in Miami Beach's South of Fifth District:
1. Completely turnkey condominiums with incredible Ocean and City Views.
2. Premier corner condos for added privacy (neighbors cannot look into most rooms from nearby buildings).
3. Professionally and tastefully decorated, with high quality contemporary finishes & neutral colors for overall broad appeal.
4. Oversized and multi-use walk-in contemporary kitchens with separate islands for eating, cooking, and/or entertaining guests.
5. Location - THE premier luxury condo property in Miami Beach's highly coveted South of Fifth District - with twelve acres of Oceanfront land and resort-caliber amenities.
6. True flow through floorplans providing both City and Ocean views and several terraces, with separate sliding door access from all bedrooms.
Example #1:
Continuum North Tower Condo #2704
Address: 50 S. Pointe Drive, Miami Beach, FL 33139
Description: 3 beds + 3 baths with 2,173 S.F. under A/C
Nestled at the end of Ocean Drive, Continuum soars above South Beach with sweeping views of the Atlantic Ocean, South Beach and the City of Miami. White stone floors, marble baths, chef's kitchen and spacious living areas.
Sales Price : $3,500,000 @ $1,611/S.F.
Example #2:
Continuum North Tower #2105
Address: 50 S. Pointe Drive, Miami Beach, FL 33139
Description: 2 beds + 3 baths with 1,922 S.F. under A/C
Unique open floor plan surrounded with wraparound outdoor extra deep & spacious terrance overlooking the Ocean and City lights in the evening. master bedroom has own private balcony with open European kitchen and Miele Appliances. Great condo for entertaining guests and family, with a one of kind & custom floorplan.
Sales Price : $2,900,000 @ $1,509/S.F.
Sale Date | Miami Beach Address | Miami Beach Condo | List Price | Living Area | Sales Price | SP$/SqFt |
8/17/2011 | 50 S POINTE DR # 2105 | CONTINUUM THE NORTH TOWER | $ 2,950,000 | 1,922 | $ 2,900,000 | $ 1,509 |
8/2/2011 | 50 S POINTE DR # 2202 | CONTINUUM ON SOUTH BEACH | $ 4,052,000 | 3,017 | $ 3,700,000 | $ 1,226 |
7/19/2011 | 100 S POINTE DR # 2209 | Continuum | $ 2,325,000 | 2,122 | $ 2,200,000 | $ 1,037 |
7/8/2011 | 50 S POINTE DR # 2704 | CONTINUUM II | $ 3,500,000 | 2,173 | $ 3,500,000 | $ 1,611 |
6/30/2011 | 100 S POINTE DR # 1406 | Continuum on South Beach | $ 3,750,000 | 2,508 | $ 3,400,000 | $ 1,356 |
6/30/2011 | 100 S POINTE DR # 2509 | CONTINUUM SOUTH TOWER | $ 2,250,000 | 2,122 | $ 2,122,000 | $ 1,000 |
6/27/2011 | 50 S POINTE DR # 2502 | CONTINUUM ON SOUTH BEACH | $ 4,431,000 | 3,017 | $ 3,850,000 | $ 1,276 |