Monday, September 8, 2008

Buy of the Week 9/8/08








Continuum TH 11

2200 square foot townhouse in the best building in South Beach, The Continuum. I sold two townhouses this year at the Continuum, TH 9 was a raw unit which sold for $2.35m and TH 7 was a beautifully finished unit which I sold for $3.1m. This unit is also professionally decorated with a two car garage and a great side yard. This four level townhouse has great views of Government Cut and Fisher Island and at the asking price of $2.35m is a great value, but there is additional flexibility in this property as the owner is relocating back to Europe and wants to get rid of this responsibility. There is significant additional value that will be added when South Pointe Park an $18m investment will be constructed by the end of the year.

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