$6,800,000
SOLD MAY 22, 2019
3 Beds
3.5 Baths
2,954 Sq Ft
$3,755/mo HOA Fee

Recently Sold

$2,302 Per Sq Ft

15% Below List Price

50 Days on Market

Highlights

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

About This Home

As of November 2022

Command a life of luxury at this exclusive oceanfront 5 Star condominium; the iconic Continuum South. Enjoy awe-inspiring, unobstructed ocean & skyline views from this high floor lavish designer 3bd, 3.5ba residence. Expansive views serve as a backdrop to elegant finishes with open state-of-the-art kitchen, marble bar & dining/great room; perfect for a party. Highlights include; private elevator, smart lighting & sound systems, custom closets, electric blinds, & separate laundry room. The retreat-like master suite incorporates a spa bath & gigantic master closet. Sited on 12 acres w/1,000 ft of ocean frontage offering resort-style beach service, restaurant, 2 lagoon style pools, tennis courts + a rooftop lap pool & a 25,000 sq. ft. state-of-the-art fitness center + spa w/ daily classes.

Last Agent to Sell the Property

Nancy Batchelor

Compass Florida, LLC License #0416207 Listed on: 02/26/2019

Compass Florida, LLC

Last Buyer's Agent

Oren Alexander

MMLS Assoc.-Inactive Member License #3296414

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $111,988

Year Built

  • Built in 2003 | Remodeled

Lot Details

  • Ocean Front
  • South Facing Home

HOA Fees

  • $3,755 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,954 Sq Ft Home
  • Built-In Features
  • Blinds
  • Picture Window
  • Entrance Foyer
  • Storage Room
  • Marble Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Jetted Soaking Tub in Primary Bathroom

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Handicap Accessible

Outdoor Features

  • Courtyard

Utilities

  • 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
  • Continuum South Condos
  • Continuum South Subdivision
  • 42-Story Property

Amenities

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

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Security Guard
  • Secure Elevator
  • High Impact Windows

Property Details

Home Type

Condominium

Est. Annual Taxes

$111,988

Year Built

Built in 2003 | Remodeled

Lot Details

0

HOA Fees

$3,755 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2003
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Directions: Near to everything... Location, location, location - the hottest area in S. Beach. Quick drive to airport, expressways & A+ schools. Live the life you deserve. Close to shops, best dining, South Pointe Park & Marina. Family + pet friendly.
  • Entry Level: 37
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: CONTINUUM SOUTH
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator, Entrance Foyer, Handicap Accessible, Walk-In Closet(s), Storage, Utility Room/Laundry
  • Accessibility Features: Handicap Accessible
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Marble, Other
  • Furnished: Unfurnished
  • Living Area: 2954
  • Possible Use: Unknown/Withheld
  • Stories: 42
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows, Picture Window
  • Bedroom Features: Other
  • Dining Room Features: Breakfast Area
  • Living Room Features: Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Tub Only, Whirlpool/Spa

Exterior Features

  • View: Bay, Direct Ocean, Skyline
  • Exterior Features: Courtyard, Open Balcony, Tennis Court(s)
  • 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: CONTINUUM SOUTH
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 1 Space, Assigned, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Guard At Site, Private Guards

Condo/Co-op/Association

  • Association Fee: 3755
  • Amenities: Business Center, Community Room, Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • 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: 3755
  • Number Of Units In Community: 308

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 111988

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%
Views
1
Current Estimated Value
$9,142,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,107,635
Avg. Annual Appreciation
-6.88%
Original Mortgage
$9,000,000
Outstanding Balance
$8,738,414
Interest Rate
6.94%
Mortgage Type
Balloon
Estimated Equity
$482,875

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

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $11,250,000 --
Deed $6,800,000 Attorney
Warranty Deed $8,250,000 Attorney
Special Warranty Deed $1,320,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $9,000,000 Balloon
Previous Owner $1,500,000 Credit Line Revolving
Previous Owner $3,000,000 Stand Alone Refi Refinance Of Original Loan
Previous Owner $600,000 Commercial
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
2025 $176,053 $10,143,756 -- --
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: A10621904

MIAMI REALTORS® MLS

APN: 02-4203-262-2450