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Sales Activity at Continuum on South Beach

Continuum on South Beach - 804

The first week of March there has been a good amount of real estate active at the Continuum on South Beach.  There are two new active listing, one unit that went pending sale and one unit that closed in the building.

Newly on the market is unit 1201 in the North tower. This unit is 2 bedroom and 2.5 bathrooms with 1,591 square feet. At the asking price of $3,750,000 the features high-end finishes throughout.  The most unique aspect to this unit is the Sauna located in the master bath.

Also listed this week is Loft 4 located in the South Tower. This is a 2 bedroom and 1 bath unit with a total of 1,667 square feet. While this unit may not have expansive views of The City and Ocean it does have a roof top Jacuzzi and large terrace to entertain quests.  The asking price is $2,500,000.

The big news is that unit 804 closed in the South Tower.  This unit was only on the market for 89 day.  It was listed at $4,899,000 and sold at $4,600,000.  With a total of 2,292 square the sold just above $2,000 per square foot.

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Continuum on South Beach Prices Then and Now

If you are an owner that purchased at the Continuum on South Beach in 2010 you couldn’t be more happy with today’s recent sales. The Continuum prices have more than doubled within the past 5 years.  This time of year, back in 2010 units at the Continuum were trading on average at $919 per square foot.  Now in 2015 units are being sold at the average price per square foot of $2,047.

Continuum On South Beach Then

Continuum on South Beach Now

 

As a real estate professional, we advise our buyers about condo buildings that are most likely to retain value. Continuum on South Beach is among the top of the list due to its prime location at the southern most point of South Beach.  I look forward to revisiting this blog post again 5 years from now. With Miami’s continuous growth, I am confident that the average price per square foot will be far past $3,000.

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Continuum On South Beach | Aerial Video

It’s just another beautiful day at the Continuum on South Beach. If you notice in one of the clips of the video there are occupants that came out to the balcony to greet the camera.  The aerial video really captures how amazing this location is.  At Salazar & CO we know the importance of capturing a visual stunning presentation.

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Off-Market Sale at the Continuum for 3.3 Million

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A big congrats to our colleague Carlo Dipasquale at Cervera for his off-market sale at the Continuum on South Beach.  As reported on Therealdeal.com; he sold unit 1605, a west facing 2 bedroom and 2 bath measuring 1606 square feet.  This cash sale was sold for 3.3 Million which is $2054 per square foot.  The seller had previously purchased the unit in April of 2014. With-in a little over a year the seller made a return of 800K. This sale was an example of how todays buyers are willing to pay top dollar for location and view.

As real estate professionals we are finding that more and more deals are being made off-market, building relationships and brokering deal to satisfy the wants and needs of both buyers and sellers.  The greatest benefit to for a buyer in purchasing an off-market property is that he eliminates all competition.

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Just Listed at Continuum on South Beach

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This week there are two new condos listed for sale at Continuum on South Beach, unit 609 in the North Tower and unit TH-4 in the South Tower.  Unit 609 is a one bedroom and one bath condo with a total of 742 Sq Ft. The owners are currently asking $1,200,000 which is just over $1,600 per square foot.  The unit is very well finished.  The unit showcases large glass white tile, granite in the kitchen and marble in the bathroom. the unit is currently tenant occupied until June 16, 2016.

The townhouse unit, TH-4 is currently on the market for &4,795,000.  With a total of 2,900 Sq Ft, the owners are asking just over $1,650 per square foot. This tri-level condo unit has 4 bedrooms and 4.5 baths.  This is unit is totally demoed and ready for a buyer’s design.  To view floor plans for both of these two units please visit our Floor Plans Page.

For showing and feel free to contact Jorge and Alejandro Salazar at 305.807.0931

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Continuum on South Beach record sale

There has been a handful of sale activity with-in both Continuum Towers with-in the past 90 days. The most noticeable sale was the unit 3204 that sold at over $3,389 a square foot. This record sale is the highest price per square foot property sold at the Continuum on South Beach.Continuum Recent Sales