NOT LISTED FOR SALE

Estimated Value: $6,533,000 - $12,140,110

3 Beds
4.5 Baths
2,954 Sq Ft
$4,380/mo HOA Fee

Last Sold November 18, 2022

Last sale price $11,250,000 $3,808 Per Sq Ft

Est. 18% decrease in value since last sale

Current estimated payment $66,676/month

72 Days on Market

Highlights

  • Valet Parking
  • Ocean Front
  • Fitness Center
  • South Pointe Elementary School Rated A-
  • Private Beach Pavilion
  • 2-minute walk to South Pointe Park

About This Home

As of November 2022

This extraordinary residence atop Miami Beach’s iconic Continuum South Tower has been completely renovated to the highest standards of comfort, luxury, and exquisite taste, offers 3 beds, 4.5 baths, plus a den that can utilized as an additional bedroom. A private elevator entry and central art gallery lead to the glass-enclosed great room with sensational 270-degree views of the ocean, bay, and Miami skyline, while the chef’s kitchen features Miele and Subzero appliances, a wine fridge, and an espresso maker. Resplendent materials, including white oak, veiny marble, and golden agate, add visual delight, while an advanced smart home system controls lighting, audio, window shades, and more. The 12-acre grounds offer a beach club, cabanas, restaurant, a fitness center & spa, and more.

Last Agent to Sell the Property

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 09/06/2022

Last Buyer's Agent

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414 Listed on: 09/06/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $88,937

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • Ocean Front
  • Property Fronts a Bay or Harbor
  • South Facing Home

HOA Fees

  • $4,380 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,954 Sq Ft Home
  • Furniture for Sale
  • Built-In Features
  • Blinds
  • Sliding Windows
  • Entrance Foyer
  • Family Room
  • Combination Dining and Living Room
  • Den
  • Sun or Florida Room

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 02-42-03-262-2450

Community Details

Overview

  • 308 Units
  • High-Rise Condominium
  • Continnum South Condos
  • Continuum On South Beach Subdivision
  • 42-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Trash Chute
  • Business Center
  • Community Center
  • Party Room

Recreation

  • Private Beach Pavilion
  • Community Playground
  • Community Spa
  • Bike Trail

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Secure Elevator
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$88,937

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$4,380 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 37
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CONTINUUM ON SOUTH BEACH
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Walk-In Closet(s), Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Furniture For Sale
  • Living Area: 2954
  • Other Equipment: Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 42
  • Window Features: Blinds, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Other
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Family Room, Florida Room, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower, Whirlpool/Spa

Exterior Features

  • View: Bay, Direct Ocean, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: South
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: CONTINNUM SOUTH
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Smoke Detector, Elevator Secure, Private Guards

Condo/Co-op/Association

  • Association Fee: 4380
  • Amenities: Bike/Jog Path, Business Center, Community Room, Exercise Room, Child Play Area, Pool, Private Beach Pavilion, Sauna, Spa/Hot Tub, Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 02-42-03-262-2450
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 4380
  • Number Of Units In Community: 308
  • Number Of Units Total: 308

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 88937

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 6, 2022
Closed on
Nov 15, 2022
Sold by
Silver Melissa
Bought by
A-Miami Llc
Seller's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$11,500,000
Sold Price
$11,250,000
Premium/Discount to List
-$250,000
-2.17%
Total Days on Market
72
Views
1
Current Estimated Value
$9,251,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,998,963
Avg. Annual Appreciation
-7.44%
Original Mortgage
$9,000,000
Outstanding Balance
$8,765,039
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$485,998

Purchase Details

Listed on
Feb 26, 2019
Closed on
May 16, 2019
Sold by
Anderson Harold M and Anderson Harold M
Bought by
Silver Melissa
Seller's Agent
Nancy Batchelor
Compass Florida, LLC.
Buyer's Agent
Oren Alexander
MMLS Assoc.-Inactive Member
List Price
$7,995,000
Sold Price
$6,800,000
Premium/Discount to List
-$1,195,000
-14.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.47%

Purchase Details

Closed on
Oct 2, 2013
Sold by
Faibisch Russell M
Bought by
Miller Mickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,500,000
Interest Rate
4.23%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 5, 2003
Sold by
South Beach Ocean Parcel Ltd
Bought by
Faibisch Russell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
A-Miami Llc $11,250,000 --
Silver Melissa $6,800,000 Attorney
Miller Mickey $8,250,000 Attorney
Faibisch Russell $1,320,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open A-Miami Llc $9,000,000
Previous Owner Anderson Harold $1,500,000
Previous Owner Anderson Harold M $3,000,000
Previous Owner Faibisch Russell $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2022 11/18/22 Sold $11,250,000 -2.2% $3,808 / Sq Ft
09/06/2022 09/06/22 For Sale $11,500,000 +69.1% $3,893 / Sq Ft
05/22/2019 05/22/19 Sold $6,800,000 -14.9% $2,302 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
02/26/2019 02/26/19 For Sale $7,995,000 -- $2,706 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $158,416 $9,221,597 -- --
2023 $158,416 $8,383,270 $0 $0
2022 $104,307 $5,066,811 $0 $0
2021 $88,937 $4,606,192 $0 $0
2020 $104,911 $5,419,050 $0 $0
2019 $115,399 $5,955,000 $0 $0
2018 $111,988 $5,955,489 $0 $0
2017 $138,305 $7,262,791 $0 $0
2016 $141,294 $6,792,637 $0 $0
2015 $128,753 $6,175,125 $0 $0
2014 $114,056 $5,613,750 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11268377

MIAMI REALTORS® MLS

APN: 02-4203-262-2450