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Condo At Continuum South Beach Sold For $18.8M With Brokers Bryan Sereny & Bill Hernandez

Property Image
SOLD
$18,800,000

Florida

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Condo3,717 SF
Sold 12/04/2025
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Property Image
SOLD

Condo At Continuum South Beach Sold For $18.8M With Brokers Bryan Sereny & Bill Hernandez

100 South Pointe Drive

See Similar Deals
Condo3,717 SF
Sold 12/04/2025
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Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$5,057
Total Square Footage:3,717 SF
Transaction Type:Sale

An art-filled condo located at 100 South Pointe Drive in Miami Beach has sold for $18.8 million. The property encompasses a total of 3,717 square feet, translating to a price per square foot of $5,058. Initially listed at $19.39 million, the condo is part of the Continuum South Beach and features bold custom artistic renovations executed over three years.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $18,800,000
  • Square Footage: 3,717
  • Price Per Square Foot: $5,058
  • Address: 100 South Pointe Drive
  • Market: Miami Beach
  • Brokers: Bryan Sereny & Bill Hernandez - Douglas Elliman

The condo was marketed by Bryan Sereny and Bill Hernandez, both representatives of Douglas Elliman. Notably, this property was once owned by the late Tony Award–winning producer Luigi Caiola, adding a unique historical significance to the transaction.

Players

Bryan Sereny
20 deals$247.7M volume
BROKER

Bill Hernandez
Douglas Elliman
19 deals$241.8M volume
BROKER

Details

SOLD
IMAGE: Bill Hernandez & Bryan Sereny DATE: 12/04/2025 ADDRESS: 100 South Pointe Drive Douglas Elliman MARKET: Miami Beach ASSET TYPE: Condo BROKERS: Bryan Sereny (@BryanSereny) & Bill Hernandez (@Bill.Hernandez) - Douglas Elliman (@DouglasElliman) SALE PRICE: $18,800,000 SF: 3,717 ~ PPSF: $5,058 NOTE: An art-filled 3,717-square-foot condo at Continuum South Beach once owned by late Tony Award–winning producer Luigi Caiola sold for $18.8 million after initially listing for $19.39 million. The combined two-unit residence—renovated over three years with bold custom artistic features—was marketed by Bryan Sereny and Bill Hernandez of Douglas Elliman, though the buyer wasn’t disclosed.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,002,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$66,792.42
Cash-on-Cash Return-1.27%
Monthly Debt Service$89,121.59
Annual Debt Service$1,069,459.10