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Caryl Englander Purchases $86M Oceanfront Penthouse From Nadim Ashi In Surfside
SOLD
$86,000,000
Florida
See Similar DealsCondo16,053 SF
Sold 11/23/2025
SOLD
Caryl Englander Purchases $86M Oceanfront Penthouse From Nadim Ashi In Surfside
9149 Collins Avenue
See Similar DealsCondo16,053 SF
Sold 11/23/2025
Summary
FLORIDA
Asset Type:Condo
Price Per Square Foot:$5,357
Total Square Footage:16,053 SF
Transaction Type:Sale
A condo located at 9149 Collins Avenue Unit PH 11 in Surfside has been sold for $86,000,000. The property spans 16,053 square feet, resulting in a price per square foot of $5,357. The sale has set a record for condo prices in Miami-Dade County.
Summary of transaction details:
- Property Type: Condo
- Transaction Amount: $86,000,000
- Buyer: Caryl Englander
- Seller: Nadim Ashi - Fort Partners
- Square Footage: 16,053
- Price per Square Foot: $5,357
- Market: Surfside
- Purchase Entity: Surfclub 11 LLC
Key individuals involved in the transaction include Caryl Englander, the buyer, who is the ex-wife of hedge fund billionaire Israel Englander. The seller, Nadim Ashi, represents Fort Partners' SCR Residences LLC, which managed the sale of the unit.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$4,586,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$305,539.83
Cash-on-Cash Return-1.27%
Monthly Debt Service$407,683.88
Annual Debt Service$4,892,206.50
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