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9165 Collins Avenue

Fort Partners Sells Three Oceanfront Condo Units At Seaway At The Surf Club For $121.22M
SOLDCondo

Fort Partners Sells Three Oceanfront Condo Units At Seaway At The Surf Club For $121.22M

9165 Collins Avenue

$121,220,000

$4,831/SF

Building Size

25,088 SF

Asset Type

Condo

Closing

Apr 24, 2026

AI

The transaction involved a condo located at 9165 Collins Avenue in Surfside, which sold for $121,220,000. The property spans 25,088 square feet, resulting in a price per square foot of $4,832. The asset is part of the Seaway at the Surf Club North, a boutique, 10-unit oceanfront condominium project that includes large residences with Four Seasons services.

Summary of transaction details:

  • Property Type: Condo
  • Transaction Amount: $121,220,000
  • Square Footage: 25,088
  • Price per Square Foot: $4,832
  • Address: 9165 Collins Avenue
  • Market: Surfside
  • Seller: Nadim Ashi - Fort Partners

Fort Partners completed the sale of three ultra-luxury units at the property, with individual deals ranging from $37 million to $44.22 million. The development was financed with a $107.6 million construction loan, connecting it to the upscale market segment.

Players

Nadim Ashi

Fort Partners

Seller

$2.2B

vol

18 deals

Seller

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

0.13%

Cash-on-Cash

-0.04%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93