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Real Estate Developer Relists Miami Beach Penthouse for $39.9 Million

November 26, 2019 / LIZ LUCKING

Real estate developer Ian Bruce Eichner is trying once again to part with his Miami Beach penthouse apartment after relisting it Tuesday for $39.9 million. The triplex penthouse sits within a two-tower oceanfront development that Mr. Eichner’s Continuum Co. completed in 2003, a year before he bought the property for $3 million, records with PropertyShark show. Mr. Eichner, 74, first listed the pad in 2011 with a $35 million price tag, and it has been on and off the market a number of times since, with the asking price peaking last year at $48 million, listing records show.