The Real Deal Miami

Eichner re-lists his Continuum South Beach PH for $48M

13k sf unit features seven bedrooms, screening room, terrace with a pool
October 12, 2018 03:30PM

Ian Bruce Eichner and his Continuum South Beach unit (Credit: Douglas Elliman)

New York developer Ian Bruce Eichner is giving the sale of his Miami Beach penthouse another go.

After listing his Continuum South Beach unit for $50 million in 2015, the 13,000-square-foot condo is back on the market for $48 million, according to the Wall Street Journal. The seven-bedroom unit features a screening room, 6,091-square-foot terrace with its own pool, and a large open kitchen.

Eichner’s Continuum Company completed the two-tower development in 2003, and it features two pools, a gym and tennis courts. His penthouse comes with a guest unit on a lower floor and 10 parking spaces.

Eichner told the Journal that he’s looking to sell the penthouse because he uses it less than one month a year.

Douglas Elliman has the listing.

In early 2016, Eichner’s brother Stuart listed a unit he owns at the complex for $12.9 million. It sold in April for $9.3 million. [WSJ] – Katherine Kallergis