Former late night bandleader Paul Shaffer sells Continuum South Beach condo

Unit 1706 sold for about $2,550 psf

UPDATED April 23, 5:30 p.m.: Late night TV’s Paul Shaffer just sold his condo unit in South Beach for about $6.4 million, property records show.

David Letterman’s long-time bandleader and sidekick sold unit 1706 at the south tower at the Continuum to New York financier Kenneth Burns. The 2,500-square-foot unit at 100 South Pointe Drive in the South-of-Fifth neighborhood traded for about $2,550 per square foot.

Shaffer spent more than 30 years on the Late Show with David Letterman. Records show he bought the three-bedroom, three-bathroom unit in 2007 for $3.75 million.

Sign Up for the undefined Newsletter

By signing up, you agree to TheRealDeal Terms of Use and acknowledge the data practices in our Privacy Policy.

Timothy Powers and Timothy Singer of Coldwell Banker Residential Real Estate had the listing. Powers said the unit hit the market in January for $6.8 million. Features include 10-foot ceilings and a 700-square-foot wraparound terrace with ocean views. Theresa Glorioso of Fathom Realty brought the buyer.

The $440 million, two-tower condominium project was developed by Ian Bruce Eichner’s Continuum Company in the early 2000s. The development sits on a 12-acre property and features two lagoon pools, a spa and gym, and 1,000 feet of beach frontage.

The sale is in line with recent deals at the Continuum towers, where units often trade for high per-square-foot prices. In August, the CEO of the major pasta sauce manufacturer LiDestri Food and Beverage, Giovanni “John” LiDestri, sold his 2,900-square-foot condo for about $2,170 per square foot. Last year, a New York hedge funder sold two units on the 34th floor of the south tower for $10 million, or $2,100 per foot.