G5C Capital Corporation Buys $44M Surfside Condo From PDE 1186 LLC

An oceanfront penthouse at Four Seasons Residences at the Surf Club in Surfside sold for a record $44 million. The 7,300-square-foot penthouse features five bedrooms, five bathrooms, and a half-bathroom, along with luxury amenities. The property is located at 9111 Collins Avenue PH4 in Surfside.

Summary of transaction details:

• Property Type: Condo
• Transaction Amount: $44,000,000
• Market: Surfside
• SF: 7,300
• PPSF: $6,027
• Buyer: G5C Capital Corporation
• Buyer's Rep: Ximena Penuela - Fort Realty
• Seller: PDE 1186 LLC
• Seller's Rep: Eloy Carmenate & Michael Duchon - The Corcoran Group

A Florida entity linked to Apple was the seller of the penthouse, while a Canadian firm, G5C Capital Corporation, acquired the property. High-profile condo sales in South Florida continue despite a market slowdown, with this transaction marking a significant record sale in the area.