The Real Deal Miami

N.Y. couple buys Miami Beach Continuum condo for $9.6M

Home sold for $3,216 psf
By Ina Cordle | January 06, 2015 06:00PM

Continuum duo

Continuum unit #2904 sold for $9.6M

A 29th floor condo unit at the Continuum in Miami Beach has sold for $9.6 million to a New York-based couple, according to Douglas Elliman.

Lipe Medeiros of Douglas Elliman represented the seller of the 2,985-square-foot unit in Continuum South. Ronit Perez of Setai Realty represented the buyer. The home was sold for $3,216 per square foot to an as-yet-unnamed couple from New York. The firm would only comment that the buyers are “avid art collectors.”

The unit set a record price for the South-of-Fifth area, for a condo that is neither a penthouse nor a duplex, according to Douglas Elliman.

The three-bedroom, three-and-a-half bathroom condo features two large terraces with views of the ocean and downtown. The unit was completely gutted and renovated, with a top-of-the-line open kitchen, custom lighting and marble floors.