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

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.