Enron short seller Jim Chanos sells Continuum condo for $18M 

Famed investor bought unit for $3.1M in 2003

Enron Short Seller Jim Chanos Sold Miami Beach Unit for $18M
100 S Pointe Drive with Jim Chanos (Yale Alumni, Google Maps)

Financier Jim Chanos, who famously shorted Enron, sold his Continuum condo in South Beach for $17.8 million.

Records show Chanos sold unit 2203 in the tower at 100 South Pointe Drive in Miami Beach to Catherine Montgomery. 

Eddy Martinez, Roland Ortiz and Crystal Connors of One Sotheby’s International Realty had the listing, and Kevin Crego of Compass brought the buyer.

Chanos is the founder of New York City-based investment firm Chanos & Company. He is best known for anticipating the collapse of Enron. and for waging yearslong, unsuccessful shorting campaigns against Tesla, according to published reports. He announced he was closing his hedge funds in November, the Wall Street Journal reported. 

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He bought the Continuum south tower unit in 2003 for $3.1 million, records show. Built in 2002, the 4,800-square-foot condo has three bedrooms, three bathrooms and one half-bathroom, according to property records. 

Chanos listed the unit for $21 million last year, and dropped the price to $19.5 million in February, the listing shows. 

The deal is Montgomery’s second Continuum purchase. Records show she bought unit 3402 in the north tower for $11.7 million in 2022.

Developer Ian Bruce Eichner built the 40-story south tower in 2002 and the 37-story north tower in 2008. Several units in the buildings have sold in recent months, including two that sold for $10.9 million in April, and one that sold for $6.3 million in March.