The Real Deal Miami

Brazilian Formula 1 driver lists South Beach condo for $8M

Continuum unit is on the market for $3,150 per square foot
By Katherine Kallergis | January 30, 2017 02:15PM

Continuum South unit. Inset: Enrique Bernoldi

Former Formula 1 driver Enrique Bernoldi wants to upshift into a bigger home.

The Brazilian professional racing driver is listing his Continuum South Beach unit for $7.9 million and looking to move into a larger condo, Eddy Martinez of Worldwide Properties told The Real Deal. Martinez and Roland Ortiz are co-listing the 2,508-square-foot unit at the south tower, at 100 South Pointe Drive. It’s asking about $3,150 per square foot.

Records show MBRB Investments LLC, a company controlled by Bernoldi, paid $5.55 million for unit 1006 in 2014. It has three bedrooms, a 718-square-foot wraparound rotunda terrace, Miele and SubZero appliances and luxury finishes. Martinez said the owner invested more than $1 million into the condo’s interior design, new floor plan, sound and media technology, and furnishings.

The unit also has views of the ocean, Fisher Island and South Pointe Park.

The Continuum, completed in 2001, sits on a 12.5-acre waterfront site with three tennis courts, an 18,000-square-foot gym and spa, a private beach club and restaurant.

Martinez told TRD the unit was “priced to sell,” citing the unit directly below Bernoldi’s, which sold for $6.7 million in February of last year. That condo had not been renovated, he said.

Bernoldi isn’t the only professional driver to call South Florida home. IndyCar driver Helio Castroneves, F1 driver (and spec home developer) Eddie Irvine and IndyCar racer Milka Duno all own property in Miami.