Raymond E. Humiston III & Jane Stewart Humiston Sell Surf Club Condo For $15M With Brokers
9111 Collins Avenue
$15,000,000
$4,451/SF
Building Size
3,370 SF
Asset Type
Condo
Closing
Mar 4, 2026
AI
A 3,370-square-foot condo, located at 9111 Collins Avenue Unit N-515 in Surfside, has been sold for $15 million, equating to $4,451 per square foot. The property is part of the Surf Club Four Seasons Residences and reflects significant appreciation from its previous purchase price of $6.75 million in 2017.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $15,000,000
- Address: 9111 Collins Avenue Unit N-515
- Market: Surfside
- Seller: Raymond E. Humiston III & Jane Stewart Humiston
- Buyer’s Representative: Roberto Quiroz - One Sotheby's International Realty
- Seller’s Representatives: Jill Hertzberg & Danny Hertzberg - Coldwell Banker
- Square Footage: 3,370
- Price Per Square Foot: $4,451
The transaction involved trusts tied to Raymond E. Humiston III and Jane Stewart Humiston as sellers, while Jeremy Philips emerged as the buyer. The brokers involved were Jill Hertzberg and Danny Hertzberg from Coldwell Banker, along with Roberto Quiroz from One Sotheby’s International Realty representing the buyer.
Players
Surfside Condo Market Snapshot
Boundary boundary · Condo · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.06%
Cash-on-Cash
-0.30%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93