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Continuum Investor Lists Unit With Poolside Cabana For $12.9M

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Images courtesy of ONE Sotheby's International Realty

Could a record sale be coming for South-of-Fifth's Continuum? A three-bedroom unit on the 35th floor (north tower) owned by Continuum investor Stuart Eichner will list for $12.9 million ($4,257 per square foot), notes The Real Deal.

"They had not seriously considered selling prior, but the husband [Stuart Eichner] is passionate about catamarans and they decided at this time in their lives to build a custom catamaran to sail around the world together," ONE Sotheby's International Realty Samantha Elenson said. She's marketing the unit to domestic buyers and foreign nationals, and has received interest from Saudi buyers. If sold at listing price, it would set a record for the South-of-Fifth development. The listing is unique in that it comes with a 600-square-foot cabana along with five parking spaces. The extensively renovated unit with floor-to-ceiling windows has eye-opening panoramic city, bay, and ocean views from four balconies. Among the building's amenities is a four-story gym and spa.

"This rare corner apartment has never been listed before," Elenson says. "When you enter you feel like your floating on the 35th floor with expansive views of the North, East and West. The 3,030 Sq Ft home is timeless elegance and luxury."

Ian Bruce Eichner, founder of The Continuum Company and developer of the condo, listed his penthouse unit for $50 million last year.

· Continuum South Beach [Curbed Miami]
· Continuum investor to list unit for $4,260 per square foot [TRD]

Continuum South Beach

40 S. Pointe Drive, Miami Beach, Florida