Bishop Surf Club LLC Purchases Condo At 9149 Collins Avenue Surfside For $11.875M
9149 Collins Avenue, #602
$11,875,000
$5,254/SF
Building Size
2,260 SF
Asset Type
Condo
Closing
May 6, 2026
About this deal
AI
A 2,260-square-foot condo located at 9149 Collins Avenue in Surfside was sold for $11,875,000, translating to a price per square foot of $5,254. This transaction represents a high-end residential property in a sought-after area.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $11,875,000
- Square Footage: 2,260
- Price Per Square Foot: $5,254
- Buyer: Bishop Surf Club LLC
- Seller: Nadim Ashi - Fort Partners
- Transaction Date: May 6, 2026
Nadim Ashi, representing Fort Partners, executed the sale to Bishop Surf Club LLC, finalizing this significant real estate deal in the luxury market.
On the Map
$11,875,000
$5,254/SF
Condo
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Players
Surfside Condo Market Snapshot
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93