Archive for May, 2009

Miami Beach Real Estate: Continuum Penthouse Sells Over $15M BELOW Original List Price UPDATED

Thursday, May 21st, 2009

The Penthouse at Continuum South Beach, located at 100 S. Pointe Drive, once listed for $25M has sold for $9.9M. Back in March, a penthouse at Il Villaggio in South Beach, originally listed at over $18.9M, sold for $7M. Penthouse 1 at Continuum was owned by Howard and Lillian Steinberg.  The penthouse, purchased in 2003 for $7M, has five bedrooms, […]

Miami Beach Real Estate: South Beach Condo Stats for 1st QT 2009

Thursday, May 14th, 2009

Providing real estate stats for South Beach real estate, as you could guess, is not all that exciting.  I’ve had that stats for about a month now but haven’t posted them because I feel that providing the raw data WITHOUT insight is offering no service to my readers and my clients.  The last month has […]

Owner of Recently Closed Miami Beach Restaurant “The Forge,” Lists Ocean Drive Home for $10.9M

Sunday, May 10th, 2009

Last week, Shareef Malnik, owner of The Forge Restaurant in Miami Beach, listed his home at 222 Ocean Drive in South Beach for $10.9M.  Malnik paid $1M for the South Beach real estate in 1995.  The most interesting fact about the house is that now it is the ONLY single family home on Ocean Drive.  Gianni Versace’s […]