Continental Bank founders’ waterfront Miami Beach mansion asking $27M finds buyer

11 resi contracts signed last week in Miami-Dade totaled more than $104M

Continental Bank Founders’ Estate Selling Miami Beach Home

From left: Jacqueline Dascal Chariff, Douglas Elliman’s Dustin Nero and Douglas Elliman’s Bill Hernandez along with 100 South Pointe Drive (front) and 1470 Daytonia Road (back) in Miami-Dade (Getty, Compass Real Estate, Douglas Elliman, LinkedIn, Google Maps)

The estate of the late Continental National Bank founders Fanny and Charles Dascal secured a buyer for their waterfront Miami Beach mansion that’s on the market for nearly $27 million.

The pending sale of 1470 Daytonia Road topped the Eklund-Gomes report for the week of Sept. 16 to Sept. 22. 

The Dascals’ daughter, Jacqueline Dascal Chariff, a trustee, is selling the property. Her daughter, Compass agent Gabriella Chariff, is listing the property. The 14,000-square-foot, seven-bedroom estate also includes two dens, eight and a half bathrooms, a pool, gym, spa, movie theater and boat docks. It has 225 feet of water frontage, according to the listing. 

A trust in the name of Dascal Chariff’s late mother, Fanny Dascal, owns the property. Fanny Dascal, who was married to the late Continental National Bank founder Charles Dascal, died last year. Charles Dascal died in 2013. Dascal Chariff is married to Jonathan Chariff, CEO of South Motors Group. Jonathan’s brother is commercial brokerage chief Lyle Chariff

Eleven residential contracts for properties in Miami-Dade County asking $4 million and more were recorded on the Multiple Listing Service, according to the report. The asking dollar volume for the six single-family homes and five condos totals more than $104 million. 

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The top condo to enter into contract is unit 1006 at the Continuum South tower, at 100 South Pointe Drive in Miami Beach. It’s on the market with Dustin Nero and Bill Hernandez from Douglas Elliman for $13.3 million. A trust managed by Jeffrey Mobley paid $11.5 million for the 2,508-square-foot, three-bedroom and three-and-a-half-bathroom condo about a year ago. The unit includes a wraparound balcony. 

The single-family homes that entered into contract last week had an average asking price of about $12 million and spent 117 days on the market. They totaled $71.3 million in asking dollar volume. 

The five luxury condos that secured buyers last week had a combined asking price of $33 million, or an average of $6.6 million and $2,500 per square foot. They spent 131 days on the market on average before entering into contract. 

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The previous week, buyers signed contracts for seven properties in Miami-Dade County, asking a combined $58 million.

Last week in New York, buyers signed contracts for 27 homes, according to the latest Olshan report. Their combined asking price was almost $276 million, and the typical home spent 573 days on the market. Eklund-Gomes’ reports are modeled after Donna Olshan’s report that tracks new deals in Manhattan.

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