What’s for sale at the Continuum — and who has the listing

Miami /
Mar.March 28, 2016 04:45 PM

Dozens of condo units are up for grabs at the Continuum on South Beach, and Douglas Elliman has the highest percentage of listings compared to other brokerages, according to a ranking provided to and verified by The Real Deal.

Elliman has 12 units on the market that represent 23.5 percent of the 51 units currently for sale. South Pointe Drive Realty, all led by agent John Lennon, comes in at No. 2 with nearly 10 percent of the listings. Behind that is Brown Harris Stevens | Zilbert, Cervera Real Estate and ONE Sotheby’s International Realty, which each had nearly 8 percent of all listings.

Available units range from $950,000 to $20.26 million, according to the Multiple Listing Service. Elliman’s Bill Hernandez and Bryan Sereny brokered the sale of unit 804, which traded at the end of February, Hernandez told TRD. The 2,292-square-foot unit, in the South Tower, sold for $4.6 million, which breaks down to about $2,006 per square foot.

In all, the South Tower has 318 units and the North Tower has 203 units. The 51 condos for sale (including two cabanas on the market for $1.35 million and $950,000) represent 9.8 percent of the total. The project competes with such South-of-Fifth developments as Apogee and Portofino and new projects Marea South Beach and Palazzo del Sol on Fisher Island, across Government Cut.

The Continuum, at 50 South Pointe Drive, was developed by Ian Bruce Eichner’s Continuum Company in 2002 and 2008. Sieger Suarez Architects designed the two-tower condominium, which sits on a 12-acre property. Amenities include two lagoon pools, a spa and gym, and 1,000 feet of beach frontage. More recently, buyers have included restaurateur Myles Chefetz, who paid $7.9 million for unit 3502 in the Continuum’s north tower in January.

BHS | Zilbert opened its second office at the Continuum in a ground-floor space last year.

Here’s a breakdown of the brokerages with the most listings:

Number of unitsBrokerage
12Douglas Elliman
5South Pointe Drive Realty
4Brown Harris Stevens | Zilbert
4Cervera Real Estate
4ONE Sotheby's International Realty
3Coldwell Banker
3EWM Realty International
3La Playa Properties Group
2Parinvest
 

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