facebook
Traded Co logo
Submit
Daily limit: 0/10

187 Investors LLC Acquires Condo At Seaway At The Surf Club For $54M From Nadim Ashi

Property Image
SOLD
$54,000,000

Florida

See Similar Deals
Condo12,174 SF
Sold 01/27/2026
the dealplayerscompscontact
Property Image
SOLD

187 Investors LLC Acquires Condo At Seaway At The Surf Club For $54M From Nadim Ashi

9149 Collins Avenue

See Similar Deals
Condo12,174 SF
Sold 01/27/2026
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Condo
Price Per Square Foot:$4,435
Total Square Footage:12,174 SF
Transaction Type:Sale

The property involved in this transaction is a condo located at 9149 Collins Avenue Unit 101 in Surfside. The asset encompasses a total area of 12,174 square feet and was sold for $54 million, resulting in a price per square foot of $4,436.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $54,000,000
  • Address: 9149 Collins Avenue Unit 101
  • Market: Surfside
  • Square Footage: 12,174
  • Price Per Square Foot: $4,436
  • Buyer: 187 Investors LLC
  • Seller: Nadim Ashi - Fort Partners

This transaction was facilitated by 187 Investors LLC, affiliated with Arbor Commercial Mortgage and managed by Arbor Realty Trust. The sale underscores the ongoing demand for high-end condos in Surfside, following a previous sale of the largest penthouse in the building for $86 million in November.

Players

FP
Fort Partners
BROKERAGE
Nadim Ashi
Nadim Ashi
16 deals$2.1B volume
SELLER

Details

SOLD
IMAGE: Nadim Ashi DATE: 01/27/2026 ADDRESS: 9149 Collins Avenue Unit 101 MARKET: Surfside ASSET TYPE: Condo BUYER: 187 Investors LLC SELLER: Nadim Ashi - Fort Partners SALE PRICE: $54,000,000 SF: 12,174 ~ PPSF: $4,436 NOTE: Unit 101 at the Seaway at the Surf Club in Surfside, a 12,174-square-foot condo, sold for $54 million to 187 Investors LLC, affiliated with Arbor Commercial Mortgage and managed by Arbor Realty Trust.The sale highlights continued high-end condo demand in Surfside, following the record $86 million sale of the building’s largest penthouse in November.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$2,880,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$191,850.59
Cash-on-Cash Return-1.27%
Monthly Debt Service$255,987.55
Annual Debt Service$3,071,850.59