Condo At Continuum South Beach Sold For $18.8M With Brokers Bryan Sereny & Bill Hernandez
100 South Pointe Drive
$18,800,000
$5,057/SF
Building Size
3,717 SF
Asset Type
Condo
Closing
Dec 4, 2025
AI
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.
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Miami Beach Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.84%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93