Continuum Companies is rolling out sales for Continuum 12000 Sport & Wellness Residences, a bayfront condo in North Miami that leans hard into water sports and wellness. The plan is an amenity-heavy tower that spills out onto the bay, replacing the aging Mariners Bay building and promising an activated waterfront with a private marina and floating resident-only perks.
What buyers will get
The project is being sold around a sizable package of perks: roughly 150,000 square feet of indoor and outdoor sport, wellness and waterfront areas, including a marina, water-sports access and club-style spaces. Architect Kobi Karp is leading the building design, interiors are by Paul Duesing Partners, and Martha Schwartz Partners is handling the landscape work. These details appear in redevelopment coverage and public records, and The Real Deal has highlighted the amenity count and overall program.
A site with recent turnover
The new tower is slated for the 4.3-acre Mariners Bay property at 12000 North Bayshore Drive, where Continuum wrapped a bulk buyout of all 46 existing condo units. The developer’s legal team described the deal as an approximately $48.5 million acquisition tied to a condominium termination, a move that clears the way for demolition and ground-up construction. That transaction and the associated legal mechanics were laid out in a notice from the law firm that acted for Continuum, and Cole Schotz detailed the buyout.
The water pitch
At the heart of the marketing is what the team calls an “activated waterfront,” which goes beyond bay views to direct on-water access. That pitch is tied in part to Continuum’s control of submerged land in front of the site, giving the developer room to roll out a branded water program described in its press materials. Plans call for floating yoga and swim platforms, water valets, buoyed swim zones and other resident-only over-water amenities. Coverage that has dissected the renderings and marketing materials has framed this waterfront programming as a key differentiator for the building, with a club-like approach to life on the bay. Forbes has reported on the water concept and its branding.
Sales and timeline
Continuum opened contracts on February 25, 2026, with sales currently running out of an off-site center while the finer points of delivery are still being locked in. Early sales materials describe a mix of smaller one- to three-bedroom residences paired with larger waterfront villas and penthouses. South Florida Business Journal covered the sales launch and how the project is positioned in the market.
Market context and legal note
The Continuum plan plugs into a broader South Florida trend in which older condo properties are choosing bulk sales and redevelopment instead of tackling expensive structural fixes and recertification. That has opened the door to fresh bayfront projects, while also introducing legal and financing headaches. In similar deals, some lenders and brokers have gone to court over fees and loan terms tied to buyouts, and coverage of the Mariners Bay transaction and related disputes has underscored the kinds of legal and financial frictions that can follow large condo terminations. Commercial Observer has tracked those conflicts along with other outlets.
For local buyers and investors, the sales launch offers a clearer read on Continuum’s next South Florida play and what the firm is betting will stand out: hands-on access and curated programming on the water, not just a bay view through the glass. As contracts are signed, the next milestones to watch will be formal pricing details, construction benchmarks and any fresh developments on the legal or financing issues that accompanied the Mariners Bay buyout.
