Real-estate developer Ian Bruce Eichner has sold his three-level Miami Beach penthouse for $35 million, six years after he put it on the market, Candace Taylor reported for The Wall Street Journal.
Douglas Elliman Real EstateThe 11,031-square-foot condo, at the top of the 42-story Continuum tower in the South of Fifth neighborhood, was Eichner's personal penthouse. He first put it on the market it in 2015 , and it was most recently listed for $39.9 million, per the Journal.
Eichner, who founded the Continuum Company , finished the Continuum condo in the early 2000s.
Before selling it, Eichner had been renting out the penthouse for up to $200,000 per month, the developer told the Journal.
In May 2019, I got a tour of the Continuum penthouse, which was then the most expensive condo for sale in Miami-Dade County, listed at $48 million.
Katie Warren/Business InsiderThe final sale price was a roughly 27% discount from its 2019 asking price.
When I visited, the penthouse was listed with Eloy Carmenate and Mick Duchon of Douglas Elliman. Both agents are now at Corcoran and held the listing there, according to the Journal.
During my visit, my first look at the triplex penthouse was the grand entryway.
Katie Warren/Business InsiderSource : Douglas Elliman
During my tour, I found that the living room, pictured below, was decorated in neutrals with black and gold accents.
Katie Warren/Business InsiderSource : Douglas Elliman
The formal dining room stuck to the white-and-marble theme.
Katie Warren/Business InsiderSource : Douglas Elliman
The eat-in kitchen has stainless-steel appliances and marble countertops to match the floors ...
Katie Warren/Business InsiderSource : Douglas Elliman
... as well as three ovens and a built-in espresso machine.
Katie Warren/Business InsiderSource : Douglas Elliman
The penthouse has seven bedrooms, each of which has floor-to-ceiling windows and sweeping views.
Katie Warren/Business InsiderSource : Douglas Elliman
This bedroom opens up to a long terrace that connects to the master suite.
Katie Warren/Business InsiderSource : Douglas Elliman
In the master suite, wraparound floor-to-ceiling windows fill the room with sunlight and open up to views of the ocean.
Katie Warren/Business InsiderSource : Douglas Elliman
A private terrace off the suite overlooks South Beach and downtown Miami.
Katie Warren/Business InsiderSource : Douglas Elliman
It also offers views of Fisher Island, the richest ZIP code in the US, where the average income is $2.2 million and the beaches have sand imported from the Bahamas.
Katie Warren/Business InsiderSource: Insider
The master bathroom features marble floors, double vanities, and large mirrors.
Katie Warren/Business InsiderSource : Douglas Elliman
A marble soaking tub overlooks the ocean.
Katie Warren/Business InsiderSource : Douglas Elliman
The bathroom also has a walk-in double shower and its own small terrace.
Katie Warren/Business InsiderSource : Douglas Elliman
And then there's the penthouse's main terrace, a massive 6,091-square-foot outdoor space.
Katie Warren/Business InsiderAmong the home's other amenities is a screening room.
The penthouse also has a private pool, which sits on the level above the main terrace and overlooks the Atlantic Ocean.
Katie Warren/Business InsiderEichner, who's based in New York City, told the Journal that he was looking for another vacation home in the Miami area.
Via PakApNews