Continuum Club & Residences North Bay Village: The $344M Waterfront Bet That Just Broke Ground 48% Sold

The team behind South Beach's legendary Continuum is building a new waterfront district in North Bay Village — and just locked in $344M to do it.

Key Takeaways

• Continuum Club & Residences just secured a roughly $344 million construction loan and broke ground in North Bay Village already 48% pre-sold — strong validation for a pre-construction project.
• It's a partnership between the Continuum Company (behind South Beach's iconic Continuum) and Turkey's Aksoy Holdings, the team behind The Ritz-Carlton Residences, Bodrum.
• North Bay Village is Miami's next-wave waterfront play, and getting in before delivery in 2028 means buying ahead of the transformation.

When the developer behind one of South Beach's most respected addresses launches a new waterfront district, and a major lender writes a $344 million check to build it, and nearly half the units sell before the first shovel — that's not hype, that's the market voting with real money. Continuum Club & Residences in North Bay Village just did all three, and it's one of the most credible pre-construction stories in Miami right now.

I'm Partnership Realty, and I help buyers separate the new-development projects with real momentum from the ones that are all rendering and no substance. Continuum Club is firmly in the first camp. Here's the full picture.

THE BASICS

• Project: Continuum Club & Residences (Phase One: Continuum Club & Residences West)
• Location: 1755 79th Street Causeway, North Bay Village
• Developers: The Continuum Company and Aksoy Holdings (Turkey)
• Tower: 36-story waterfront condominium
• Units: roughly 198-236 residences (one, two, three, and four-bedroom homes plus penthouses)
• Pricing: starting around the mid-$1 millions (sources cite from approximately $1.46M)
• Pre-sales: about 48% sold at groundbreaking
• Financing: roughly $344 million construction loan closed in 2026
• Completion: anticipated 2028

WHY THE $344M LOAN AND 48% PRE-SALE MATTER

In pre-construction, the two scariest questions a buyer can ask are: "Will this actually get built?" and "Does anyone else believe in it?" Continuum Club just answered both. A construction loan of roughly $344 million from an institutional lender means the project is fully capitalized and moving from rendering to reality — the lender did months of due diligence before funding. And selling about 48% of the units before breaking ground means the market already validated the price and product. As I always tell clients in "How to Buy Pre-Construction in Miami: The 2026 Deposit Schedule, Timeline, and Risk Playbook Every Buyer Needs," a financed, substantially pre-sold project carries dramatically less risk than a project still chasing its first deposits.

THE PEDIGREE: CONTINUUM + AKSOY

The name "Continuum" carries weight in Miami. The Continuum on South Beach is one of the most established and respected luxury condo addresses in the city, the kind of building that holds value across cycles. Bringing that brand and that operating philosophy to a new waterfront site is a meaningful signal — this is a developer protecting a reputation, not flipping a quick project.

The partner, Aksoy Holdings, is a major Turkish group behind The Ritz-Carlton Residences, Bodrum — international developers who build to a global luxury standard. That combination of a trusted Miami name and a globally minded capital partner is exactly the profile that tends to attract the international buyer pool, which matters more than ever with brokers actively marketing Miami abroad ahead of the 2026 World Cup.

THE LOCATION CASE: WHY NORTH BAY VILLAGE NOW

North Bay Village is a small island community sitting in the middle of Biscayne Bay, connected by the 79th Street Causeway, roughly between Miami Beach and the mainland. For years it was overlooked — older buildings, sleepy reputation, surrounded by some of the best water views in the county. That's changing fast, and Continuum Club is part of a wave of luxury development transforming the island.

I've written about the North Bay Village transformation before in "Pagani Residences North Bay Village: The Hypercar Brand's First Tower, 70 Corner Homes, and $30M Penthouses" and "Ritz-Carlton Residences North Bay Village: Related Group and Macklowe's Twin Towers Bringing a Marquee Brand to a Forgotten Island." When you see Pagani, Ritz-Carlton, and the Continuum team all planting flags on the same small island within the same window, that's not a coincidence — it's a neighborhood being repriced in real time. The buyer who gets in before delivery in 2028 is buying ahead of that repricing, not after it.

What makes the island genuinely special: 360-degree water, sunrise and sunset views, a central location with quick access to both Miami Beach and the mainland's job centers, and the kind of open bayfront that's nearly impossible to find at this price point closer to Brickell or South Beach.

• Miami Market Snapshot — May 2026:
• Continuum Club pricing: from roughly the mid-$1 millions, for one- to four-bedroom waterfront residences.
• Luxury condo median (Q4 2025 benchmark): $1,777,500 — Continuum Club's entry sits below the established luxury median while offering brand-new waterfront product.
• Roughly $344 million construction loan closed and about 48% of units pre-sold ahead of groundbreaking — concrete signals of capitalization and demand.
• North Bay Village is drawing multiple marquee developers at once (Pagani, Ritz-Carlton, Continuum), a classic early-stage neighborhood re-rating.

THE INVESTMENT AND LIFESTYLE CASE

For the equity-minded buyer: You're buying into a transforming waterfront island before the transformation finishes. Historically, the early buyers in a re-rating neighborhood capture the most appreciation between contract and delivery — and beyond. Pair that with a fully financed, substantially pre-sold project and the risk-adjusted setup is attractive.

For the lifestyle buyer: Open bayfront living with skyline and water views in every direction, a resort-grade amenity package consistent with the Continuum brand, and a central location that beats the commute from the barrier islands — all without South Beach's congestion.

For the international buyer or Miami business owner: A globally branded, waterfront pre-construction residence is a recognized store of value and a natural fit for the international demand Miami is courting around the World Cup. If you're holding through an entity for investment, the usual depreciation and tax considerations apply — see "How to Structure Your Miami Real Estate LLC in 2026: The Privacy, Asset Protection, and Tax Playbook," and confirm specifics with your CPA.

THINGS TO VERIFY BEFORE YOU SIGN

Even on a strong project, do your homework. Confirm the exact deposit schedule, the projected delivery window, the HOA budget and what amenities cost to run, your specific unit's view corridor (water views vary a lot floor to floor on an island site), and the rental policy if income is part of your plan. With about half the units already gone, the best view lines and floor plans are the ones that disappear first.

You can view the full Continuum Club & Residences project page with current pricing and availability at carloscabalerealtor.com/new-development/continuum-club-residences.

Frequently Asked Questions

Q: Who is developing Continuum Club & Residences in North Bay Village? A: It's a partnership between The Continuum Company — the developer behind South Beach's iconic Continuum — and Aksoy Holdings, a Turkish group known for The Ritz-Carlton Residences, Bodrum. The combination pairs a trusted Miami luxury name with a globally minded capital partner.

Q: How much do units at Continuum Club cost? A: Pricing starts in roughly the mid-$1 millions, with sources citing from around $1.46 million, for one- to four-bedroom waterfront residences and penthouses. That sits below Miami's established luxury condo median while delivering brand-new waterfront product on a transforming island.

Q: Is Continuum Club & Residences actually getting built? A: Yes. The project secured a construction loan of roughly $344 million and broke ground already about 48% pre-sold in 2026, with completion anticipated in 2028. A fully financed, substantially pre-sold project carries far less risk than one still gathering initial deposits.

Q: Is North Bay Village a good place to buy in 2026? A: It's one of Miami's clearest early-stage waterfront plays. Marquee developers including Pagani, Ritz-Carlton, and the Continuum team are all building there at once, signaling a neighborhood being repriced. Buying before delivery in 2028 means getting in ahead of that transformation rather than after it.

Let's find your next property together. If a financed, nearly-half-sold waterfront project in Miami's next-wave island appeals to you, call me and I'll help you lock the best remaining view line before it's gone.

Partnership Realty / Partnership Realty Inc / +1 (561) 629-0358 / carloscabalerealtor.com