Over the past few weeks, we have seen a steady incline in overall condo sales including volume and number of sales. This is of no surprise with the increase of companies, execs, and people taking up residency in Miami-Dade County.
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Category Archives: Continuum South Tower
Continuum South Beach Bulk Sale for $30 Million by Two Former Morgan Stanley Execs
Three units at Continuum South Beach sell for a combined $30 million after a purchase price of $21 million in 2004.
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Record-breaking Sale – Setai South Beach PH-B Sells for $27M
The Miami real estate market is off to an outstanding start in 2013. News has broke that a record-breaking sale has taken place at Setai South Beach. PH-B has sold for an amazing $27M, or $3,800 per square foot. It breaks the previous sales record for condominiums in South Florida of $25M set last year Read More
View MoreRecord Breaking Sale at Continuum South Beach – $25M
According to The New York Times, a record breaking sale took place last Friday in Miami Beach. PH1, a tri-level penthouse located in the South Tower of Continuum South Beach, sold for $25M. The sale shattered the previous Miami-Dade County record for condos of $21.5M set in December 2011 by Penthouse-A at The Setai. The Read More
View MoreReal Estate Porn – “I know It When I See It”
The phrase, “I know it when I see it”, was made famous in the 1964 landmark case of Jacobellis v. Ohio. It was used to describe Supreme Court Justice Potter Stewart’s threshold test for pornography. It occurred to me recently that the same threshold test should be applied to determine what does and does not Read More
View MoreContinuum South Tower Condo Sells For $10,576,000
Update: The listing agent incorrectly stated the square footage of the unit on the MLS listing. The actual size of the unit is 6,438 square feet. The sales price of $10,576,000, however, was correctly stated. The condo sold for $1,643 per square foot, still high but far from record breaking. In what amounts to be Read More
View MoreTwo Recent Luxury Beachfront Condo Sales
Two luxury beachfront condos closed within the past two days. The first, located at Continuum South Tower, closed yesterday for $6,750,000, or $1622 per square foot. The 3 bedroom/3.5 bath condo is located on the 18th floor and has 4,161 square feet of interior. Not my taste at any price but I’m sure there’s someone Read More
View More5 Highest Condo Sales Closed in January 2010
The following are the 5 highest condo sales in Miami-Dade County that closed in January 2010 through the MLS: Acqualina PH4501 – 5 bedroom/6.5 bath (6,353 square feet) – This penthouse sold for $4,700,000, or $740 per square foot, on January 27, 2010. Continuum South Beach North Tower #TH6 – 4 bedroom/4.5 bath (2,901 square Read More
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