Dr. Smood founders buy townhouse at Continuum South Beach

Ex-Lehman Brothers executive sold the four-bedroom unit

TRD MIAMI /
Mar.March 27, 2019 12:30 PM

Continuum townhouse 5 at 50 South Pointe Drive (Credit: Realtor)

UPDATED, March 29, 10:43 a.m.: Dr. Smood founders Rene and Patricia Sindlev just picked up a unit at the Continuum South Beach.

Property records show Sterling and Clare Brinkley sold townhouse 5 at 50 South Pointe Drive to the Sindlevs for $6 million. Sterling Brinkley, a private equity investor, was previously a managing director in Lehman Brothers’ corporate finance department, as well as managing director at Morgan Schiff & Co.

The Brinkleys paid about $3.8 million in 2013 for the four-bedroom, 2,775-square-foot unit at the Continuum. It was last on the market for nearly $7 million, according to Zillow. Sonia Toth and Keith Marks of Brown Harris Stevens were the listing agents, and Tim Allen of Blackstone International Realty brought the buyer.

The townhouse includes four bathrooms, terraces, a private hot tub and access to the Continuum’s two lagoon pools, gym and spa, a restaurant, three tennis courts, a pro shop and more.

Rene Sindlev, CEO of Dr. Smood, and his wife Patrizia founded the healthy, Danish cafe chain. Rene also invested in Pandora Jewelry, according to published reports.

The Sindlevs won’t be too far from a Dr. Smood. The company has five locations in Miami-Dade, including one at 1800 Bay Road in Sunset Harbour, in Brickell and in Wynwood.


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