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
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.
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
1.34%
Cash-on-Cash
-0.38%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93