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Pre-foreclosure Miami Beach townhome wants $2.8M

The cheapest residence, per foot, in the Continuum

Unit TH14 at the Continuum South Beach
via Dina Goldentayer and Sladja Stantic

A three-bedroom townhome in Miami Beach’s Continuum building just surfaced for $2.8 million.

The pre-foreclosure property is seeking $1,271 per square foot, which is the lowest in the luxury South of Fifth tower. It has three and a half bathrooms, double-height ceilings and partial ocean views.

The South Beach townhome last sold for $975,000 in 2009, records show. Meanwhile, a stunning residence on the 10th floor of the same development owned by a former race car driver sold for $6 million a few weeks ago.

Continuum South Beach

40 S. Pointe Drive, Miami Beach, Florida