Brazilian TV star sells his huge Continuum condo for $15M

Unit originally hit the market in April 2015 with an ask of $24.5 million

TRD MIAMI /
Dec.December 02, 2016 12:45 PM

Roberto Justus, who rose to fame during his years-long stint hosting Brazil’s version of “The Apprentice,” just sold his chic pad at South Beach’s Continuum complex for $15.3 million.

The deal was announced Thursday by Douglas Elliman’s Keith Marks and Sonia Toth, who had marketed the six-bedroom, seven-bathroom unit on behalf of Justus since November 2015. The massive modern-style condo boasts its own movie theater, game room and media room, along with ocean views and five — yes, five — parking spaces. A full furniture package was also thrown into the mix, according to the release.

With 7,236 square feet of living space, the sale breaks down to roughly $2,115 per foot. It’s a fairly significant drop from Justus’ original asking price of $24.5 million, which he sought early last year under South Pointe Drive Realty. Its most recent listed price was $19.8 million.

Even so, the Elliman agents said in the announcement that it was the Continuum North Tower’s highest resale price this year by more than double. The buyer is an unnamed Argentinian.

The condo is actually composed of four separate units — 801, 806, 807 and 808 — that Justis assembled between 2011 and 2013 for a total of $5.1 million, according to county records. He transferred ownership of the combined units to a British Virgin Islands company, though a notice of commencement for renovations to the residence shows he was still the owner.

Besides hosting “O Aprendiz” for several years, Justus is also the founder and chairman of Newcomm Group, a Brazilian communications company.

The sale has yet to hit county property records, so the buyers’ identity is unknown. Kim Rodstein of Keller Williams Miami Beach brought the buyer.

Developed by Bruce Eichner, South Beach’s two-tower Continuum complex is no slouch when it comes to prices. Just last month, Argentinian media moguls Daniel Hadad and Viviana Zocco sold a double unit in the south tower for $10.5 million, or roughly $2,400 per square foot.


Related Articles

arrow_forward_ios
Map of priciest condo sales and Murano at Portofino (Credit: Google Maps)

Weekly condo sales fall by 45% in Miami-Dade County

Weekly condo sales fall by 45% in Miami-Dade County
Map of priciest condo sales and Continuum North (Credit: Google Maps)

Weekly condo sales volume drops in Miami during pandemic

Weekly condo sales volume drops in Miami during pandemic
Pablo Camposano, Phil Gutman and Felix Bendersky, with 200 South Pointe Drive (Credit: Google Maps)

Bull’s-eye: Norway dart club lands on South Beach for first US location

Bull’s-eye: Norway dart club lands on South Beach for first US location
Map of priciest condo sales and 100 South Pointe Drive, unit 1501 (Credit: Google Maps and Redfin)

Miami condo sales tank in early February

Miami condo sales tank in early February
Continuum South Beach unit 606 and Dan Buettner (Credit: Douglas Elliman)

Is it the water? Longevity expert buys Continuum South Beach condo

Is it the water? Longevity expert buys Continuum South Beach condo
Bruce Eichner and his Continuum penthouse (Credit: Douglas Elliman)

Bruce Eichner slashes listing on his Continuum penthouse, and eyes next Miami project

Bruce Eichner slashes listing on his Continuum penthouse, and eyes next Miami project
Thomas O’Reilly, John Marshall, Ivan Chorney and Michael Martirena with Continuum North unit 1402/03 (Credit: Douglas Elliman and LinkedIn)

Tech entrepreneur sells Continuum unit to Neuberger Berman exec

Tech entrepreneur sells Continuum unit to Neuberger Berman exec
Daily Digest Miami

Stockbridge pays $117M for industrial deal in Miramar, Trump blames recession warning signs on a conspiracy: Daily digest

Stockbridge pays $117M for industrial deal in Miramar, Trump blames recession warning signs on a conspiracy: Daily digest
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...