Cintinuum Luxury Watrfront Condo sold for $16.25 Million within an Hour on the Market

August 20, 2012

Once the properties went on the market and the buyers were informed, they quickly signed the contracts, according to The Real Deal.

This week it seems to be the Continuum making headlines, with a $16.25 million oceanfront condo that sold to a foreign buyer. This beautiful three-bedroom, three-bathroom luxury oceanfront property sold within a month of being put on the luxury real estate market. The listing price was $19.5 million. The seller was Tresor 1520, a limited liability company, according to Florida’s Division of Corporations.

Located on South Beach, this exquisite luxury beachfront condo has 4,661 square feet, magnificent ocean views, two private lagoon pools, tennis courts, 24-hour security, concierge services and much more.

This is an exciting time for the luxury oceanfront real estate market. You can put your condo on the market and sell it within a matter of hours. The only problem is the market is running out of luxury waterfront inventory.

Full Story: The Real Deal